Should I close my Canadian bank account?

[The Mean Lady 604]

That may be true...but many people just assume the banks give the same exchange rate--which they do not! 1 should phone around and research it before transferring large sums of $$$

My exchange rate varies daily along with the national exchange rate.

It currently matches what the national exchange rate is (albeit a terrible one) so I guess RBC just rocks? lol

[CANbirdUSman 11]

That may be true...but many people just assume the banks give the same exchange rate--which they do not! 1 should phone around and research it before transferring large sums of $

Came across a great article online from the 'Globe & Mail' regarding personal finance:

Buying-foreign-currencies-made-easy-online

I currently have accounts with TD & ING.

After reading this thread, Western Union (formerly Custom House) looks like a great option.

Moving to the state of HAWAII (Nov. 1st)

Edited October 27, 2012 by CANbirdUSman

[Flames9_RN 358]

Came across a great article online from the 'Globe & Mail' regarding personal finance:

Buying-foreign-currencies-made-easy-online

I currently have accounts with TD & ING.

After reading this thread, Western Union (formerly Custom House) looks like a great option.

Moving to the state of HAWAII (Nov. 1st)

I have to agree with Krikit....that since Western Union has bought CH....their exchange rate hasn't seemed as favorable....but when tx'ing large sums of $$$, always best to check with multiple sources.