XE or others for converting CAD to USD
I've been doing some research on XE here and don't seem to find enough reviews to make a decision if they're worth the hassle to convert cad into usd. I was looking into buying a short sale property down south and the bank would need funds by next Tuesday. Some things I noticed about XE is:
- The mid-market rates they show, you/no-one can get them. You need to create log-in to account and see current rates
- I believe when you setup account etc., they do credit check which is okay but not sure how long setting up account and verification time it'll take (does anyone here uses them?)
The only fee involved with XE i was told was that you need to tranfer funds from your bank into XE's account (so Wire fee or free via ACH) - not sure as I've never used them but wanted to know your feedback.