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x582 · 10-14-2009, 05:09 AM

This is my experience today.

For a $3,326.99 USD transfer

Royal Bank
$3,346.95 CAD (Rate 1.0059)

HSBC CANADA
$3,384.38 (Premier Rate 1.0172)

HSBC UK
$3,399.07 CAD (Premier Rate 1.0217)

That's one hell of a difference I think. This was a small transfer I was doing, but it sure adds up. There is about a 1.5% difference in the rate from HSBC UK and Royal Bank. That's huge! You would think that the Banks in Canada would give you a better rate eh?

10-14-2009, 05:09 AM
x582 Confirmed User Join Date: Mar 2002 Location: heh? Posts: 609	USD to CAD - Which bank gives you the best rate? This is my experience today. For a $3,326.99 USD transfer Royal Bank $3,346.95 CAD (Rate 1.0059) HSBC CANADA $3,384.38 (Premier Rate 1.0172) HSBC UK $3,399.07 CAD (Premier Rate 1.0217) That's one hell of a difference I think. This was a small transfer I was doing, but it sure adds up. There is about a 1.5% difference in the rate from HSBC UK and Royal Bank. That's huge! You would think that the Banks in Canada would give you a better rate eh?