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Old Oct 12th 2006 | 8:15 am
  #16  
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Default Re: Exchange rate

Originally Posted by njdude26
I have some good amount of cash in UK £ , US $.
I have these deposited in DUCA as a UK £ and US $ accounts. The bank is offering a exchange rate of 2.056 for £ and 1.109 for US $.

Is this ok ? anyone experienced in this ?
As someone said TTT Moneycorp do a better rate, and they don't charge you any fees if you badger them a bit!

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Old Oct 12th 2006 | 10:16 am
  #17  
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Default Re: Exchange rate

Originally Posted by Garfielduk
I really do think that some of our Forum members should be a little more understanding of newcomers to the site. I do find it offensive when long standing members either ridicule them or make strong assumptions about what they have or have not done or can or cannot do without even asking or pointing them in the right direction with a little more courtesy.
I would totally agree with this. I guess this forum is used by many of us to get all the information they need however big or small it is. Sometimes you get time to do extensive research sometimes you dont. But you can expect that someone would have gone thru' the same experience and post a Q. that does not necessarily mean that the person posting the Q is not doing his own research but i guess he/she is posting it to see if someone else has done better research.
Take my Q. i have done extensive research including studying various CAD charts to understand where they are moving etc. And also talked to the banks.

Anyways all your responses were helpful.
 
Old Oct 12th 2006 | 10:18 am
  #18  
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Default Re: Exchange rate

Originally Posted by Garfielduk
I have dealt with one called Thomasexchange and all you did was make a payment to them directly to their bank account, they will not take a payment by credit or debit card as then they will be charged a fee and they cannot bear the cost because their rates are so much better than the High Street banks.
It's easy to transfer money if you have an online bank account but if you don't you can just fill out a transfer slip at the bank, it costs nothing. And don't let them persuade you to do it by CHAPS Transfer as it will cost you £25 to do that.
As I said before all the money is already deposited in the Canadian bank. But it is deposited in £ account. So I guess i can write that bank's check in £ and then send it to one of the currency exchange sites ? Any risks/delays involved with huge amounts ?
 
Old Oct 12th 2006 | 10:30 am
  #19  
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Default Re: Exchange rate

Originally Posted by getoutofbritainquick
I share you're view but a little understanding from senior members would be appreciated. They have the benefit of their experience and should understand full well the emotional strife that immigration entails and at times the lack of experience of new members. Some people appear to get a kick out of flaming others.

Enough said now the good news. Job offer from BC Hydro came through last night so we had a little celebration.

We are off to Vancouver in January to start our new life and we do fully understand the emotional roller coaster of immigration!

Good luck to all in the process its taken us 5 years to get this far.

Paul
Well done!!! and well said
 
Old Oct 12th 2006 | 9:41 pm
  #20  
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Default Re: Exchange rate

Originally Posted by njdude26
As I said before all the money is already deposited in the Canadian bank. But it is deposited in £ account. So I guess i can write that bank's check in £ and then send it to one of the currency exchange sites ? Any risks/delays involved with huge amounts ?
we had to wait 30 days for our money to clear, the bank did give us an advance though for buying a car etc.

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Old Oct 13th 2006 | 9:11 am
  #21  
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Default Re: Exchange rate

Paul

I hope it works out for you. 5 years patience deserves some reward.
I'd like to hear how it works our for you

Mark
 
Old Oct 13th 2006 | 2:06 pm
  #22  
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Default Re: Exchange rate

Originally Posted by Southcote
Paul

I hope it works out for you. 5 years patience deserves some reward.
I'd like to hear how it works our for you

Mark
Thanks Mark, its been some journey but the patient has been well worth it. My advice is try and get a job before you come. We landed in Calgary Sept 2004 but came back to the UK to try and find work. With 2 young kids we wanted to make sure we had some security in Canada before making the move.

3 years I was trying to get into Hydro. It was getting very frustrating but buy chance I was given a contact who had recently retired from Hydro and started small talk correspondence with him. I asked general questions about the company and after a while he offered to forward my resume onto to the hiring manager. This guy turns out to be related to the hiring manager!
This was really fortuitous and I had an interview within 2 weeks and the rest they say is history. The morale is networking works in Canada, you here this time and time again on the forums. Try and find someone in you line of work and get to know them - it works!

I handed my notice in this week and we are no frantically making preparations to leave. Last Christmas in the UK, then by.

I spoke with my new boss last night who evidently is South African. He has given us excellent advice on where to live in Vancouver in relation to my base.

We will be relocating to Vancouver on the 14th January and starting work on the 29th. Hydro are paying all relocation including estate agents fees in the UK, container, 2 months accommodation, flights for all the family and property transfer tax when we buy in Vancouver which I think is excellent.
On top of that I get a company car so no BC hell insurance to find for me, only the wife who has full UK no claims.

Just need to sell our UK property, the market is dire in Kent, forget the tabloids and rising prices nothing is moving across the board here and I think it will be the spring at least before it sells.
 

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