MONEY
#1
Thread Starter
Just Joined
Joined: Feb 2008
Posts: 8

WITH THE EXCHANGE RATE GOING UP A LITTLE CAN ANYONE RECOMEND A GOOD WAY TO TRANSFER FUNDS TO CANADA, IS IT BEST TO USE THE BANK OR A MONEY COMPANY??
#2
BE Forum Addict







Joined: Jun 2007
Posts: 2,549
From: Musquodoboit Harbour, Nova Scotia











It went up??? When???
#3
BE Enthusiast




Joined: Sep 2007
Posts: 410
From: Bridgetown,NS











Hi Redwater,
Try Moneycorp, they have always been good for us.
However, the exchange rate is really quite poor at the moment, so if you aren't in a rush it might be worth hanging on!!
Good luck,
Rachel
Try Moneycorp, they have always been good for us.
However, the exchange rate is really quite poor at the moment, so if you aren't in a rush it might be worth hanging on!!
Good luck,
Rachel
#4
Banned






Joined: Aug 2007
Posts: 1,810
From: New Caledonia











2. GBP/CAD exchange had been bad for over a year now and does not look like getting better anytime soon.
3. Best rates from FX companies. If you give them a direct debit authority, you can book a rate, they take the funds from your account and deposit them in your CAD account. No transfer fees.
We use Custom House for all of our business FX transactions.
Last edited by Surrey Expat; Apr 17th 2008 at 3:41 am.
#5
We used Halo financial and they were brilliant! All companies do vary what exchange rate they offer so it is worth comparing!
Hope this helps Julie
#6
Are we talking a 'one-off' large transfer or something regular while you're in Canada?
Don't rule out using a UK credit card here and paying the balances from a UK bank account. Granted it only works if there's an income going into the UK bank account in the first place, but plenty of us have that.
Don't rule out using a UK credit card here and paying the balances from a UK bank account. Granted it only works if there's an income going into the UK bank account in the first place, but plenty of us have that.




