6

I want to transfer money to an American bank account, but I am in Canada. What is the cheapest way to do so?

MetaFilter has:

  1. USPS mail order - $700 limit, $4 charge
  2. Vanilla wire transfer (My bank requires it be done in person and charges $30 per transaction, limit $3000)
  3. Cheque: ($40 fee?)

Any gotcha's (i.e. HIDDEN FEES) and / recommended methods?

bobobobo
  • 161
  • 1
  • 5

1 Answers1

8

XE.com will do an ACH transfer for no fee, and they'll give you a better exchange rate than your bank. I use them for converting CAD/USD.

Matthew Read
  • 1,375
  • 7
  • 14