Entrepreneurship & Small Business

What is the best way for a business to exchange large sums of USD to CAD? Will Norbert's gambit work?

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  • May 2nd, 2019 5:56 pm
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Feb 9, 2009
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What is the best way for a business to exchange large sums of USD to CAD? Will Norbert's gambit work?

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Apr 19, 2017
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Get a Transferwise Borderless Account.
They have good rates and can lock in the exchange rate for 24 hours.
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Aug 2, 2010
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Here 'n There
sandeep8g wrote: Get a Transferwise Borderless Account.
They have good rates and can lock in the exchange rate for 24 hours.
Yes if you want to pay more, which is a lot more on large sums of money like you are talking about.

Otherwise the best exchange rate is using Norbert's Gambit.

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