I posted this question under Forex Trading because I thought someone here might have an answer. Here's my question:
I'm a U.S. citizen but in the near future I'll be transferring money on a regular basis to/from Canada. I've discovered that currency conversion is a major source of revenue for the banks i.e. they rip-off their customers. Does anyone here know of a fast and inexpensive way to perform U.S. <-> Canadian currency conversions? Could this somehow be done cheaply via an FX trading account?
Thanks for any responses,
Slave2Market
I'm a U.S. citizen but in the near future I'll be transferring money on a regular basis to/from Canada. I've discovered that currency conversion is a major source of revenue for the banks i.e. they rip-off their customers. Does anyone here know of a fast and inexpensive way to perform U.S. <-> Canadian currency conversions? Could this somehow be done cheaply via an FX trading account?
Thanks for any responses,
Slave2Market
