Moving to US, best solution for bank account and moving money?
I'm considering opening a US RBC account. According to their website, it appears that I can open the account from Canada so it's ready when I get there, and transfers between the Can & US RBC accounts are free. However, I can't seem to be able to open an account online because I need to have a Canadian RBC account first. My question is, is this the best way to go, to open new Canadian and US accounts at RBC, and pay the monthly fees on the Canadian account (the US acct would be free for a year I think)? I'm not used to paying monthly fees for banking, so I'm not too happy about this option, but I suppose it can work short term if there is no better option. I'm just thinking this may be easier/cheaper for moving money around quickly compared to transferring from my Simplii acct to a random US bank. Also I can open a US credit card with RBC with my Canadian credit history, so I wouldn't have to worry about starting with a secured card in the US.
What about services like XE Money Transfer or OFX (the latter was recommended by my relocation advisor). Would it be better to use this service to transfer directly from Simplii to any random US bank? Which is the best option for the best exchange rate and lowest overall cost? I would be moving around $50-70K CAD.
Any recommendations for how much of my money to move over, vs. leave in Canada, considering tax or any other implications? Obviously I'm leaving my RRSP, but what about other savings? Right now my non-TFSA, non-RRSP savings are just in a high-interest savings account at Wealthsimple, and my TFSA will be cashed out anyway.
Any other tips?