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Search: Posts Made By: Timbits4eva
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Forum: Canada
Mar 23rd 2016, 10:28 pm
Replies: 7
Views: 1,278
Posted By Timbits4eva

Re: QROPS Transfer

For those in the know, I'm moving to Canada soon and hold AF3 (FPFS), and plan to relearn the Canadian equivalents (CFP).

Is there much of a market for UK DB pension transfers in places like...
Forum: Canada
Mar 14th 2016, 8:10 pm
Replies: 24
Views: 5,767
Posted By Timbits4eva

Re: HSBC Currency account - moving GBP -> CAD before moving to Canada

Thanks thats interesting, so GBP -> GBP is free?

This was probably blindingly obvious that this should work. But as always, I know of many things people get charged for by simply being unaware of.
Forum: Canada
Mar 14th 2016, 7:17 pm
Replies: 24
Views: 5,767
Posted By Timbits4eva

Re: HSBC Currency account - moving GBP -> CAD before moving to Canada

No problem, I assumed you had missed the transferwise bit.

"I'm planning on putting my funds from my HSBC GBP current account -> Transferwise -> HSBC CAD currency account (UK), and then move it...
Forum: Canada
Mar 14th 2016, 7:12 pm
Replies: 24
Views: 5,767
Posted By Timbits4eva

Re: HSBC Currency account - moving GBP -> CAD before moving to Canada

I'm exchanging it through TransferWise, that isn't HSBC?

I don't know how clear I need to make that.

I am not exchanging the money from GBP-> CAD in HSBC. I'm using HSBC to hold GBP, and...
Forum: Canada
Mar 14th 2016, 7:04 pm
Replies: 24
Views: 5,767
Posted By Timbits4eva

Re: HSBC Currency account - moving GBP -> CAD before moving to Canada

I'll try and be as clear as possible. As per my original post:

Currently: £XX,XXX in HSBC current account (HSBC UK)

£XX,XXX exchanged through transferwise to CAD, and then paid into a HSBC...
Forum: Canada
Mar 14th 2016, 6:57 pm
Replies: 24
Views: 5,767
Posted By Timbits4eva

Re: HSBC Currency account - moving GBP -> CAD before moving to Canada

So if I have already exchanged it through transferwise, moving from CAD -> CAD abroad, should incur no fees at all?

Thanks
Forum: Canada
Mar 14th 2016, 6:54 pm
Replies: 24
Views: 5,767
Posted By Timbits4eva

Re: HSBC Currency account - moving GBP -> CAD before moving to Canada

As per the original post, that isn't the intention. I will be moving CAD from a HSBC currency account in the UK, to CAD in a HSBC current account.

So as far as I am aware, there is no exchange...
Forum: Canada
Mar 14th 2016, 6:31 pm
Replies: 24
Views: 5,767
Posted By Timbits4eva

Re: HSBC Currency account - moving GBP -> CAD before moving to Canada

If I'm moving from CAD from a HSBC Currency account (HSBC UK) through to a Canadian Current account (HSBC Canada).

"We don't charge for payments between your own HSBC accounts or for payments you...
Forum: Canada
Mar 14th 2016, 6:16 pm
Replies: 24
Views: 5,767
Posted By Timbits4eva

HSBC Currency account - moving GBP -> CAD before moving to Canada

Hi

I am wanting to move a large sum £XX,XXX, across to Canada.

I have not yet moved to Canada, but there is a very good chance (85%) that I'll be staying and purchasing a property after a few...
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