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Old 02-14-2006, 01:54 PM   #1
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Canadian Banks that sale cheap wire transfer

I need to do a wire transfer from Canada back home to my aussie bank account

anyone here does regular transfers with a canadian bank and can recommend me a cost efficient bank?

Scotiabank wants 15% PLUS a $10 fee

since im transferring a considerable sum of money I dont really want to pay 15% i was thinking more along a flat rate of $20-30 ish.'


Cheers and thanks in advance

Kitty
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Old 02-14-2006, 01:59 PM   #2
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try TD Canada Trust............. it helps if you are a customer of the bank though
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Old 02-14-2006, 02:00 PM   #3
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Thanks - I not sure if I can join any of the banks but i'll give it a try
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Old 02-14-2006, 02:04 PM   #4
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weird my bank which is scotia bank only charges 22.50 no matter what amount you are transferring. Try bank of Montreal?

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Old 02-14-2006, 02:07 PM   #5
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I use royal bank.. barely charge anything from what I know 10$ but its in my monthly fees that I can do wires etc.
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Old 02-14-2006, 02:07 PM   #6
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RBC charged me $20 for a wire to a swedish bank.
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Old 02-14-2006, 02:11 PM   #7
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Hmm now that is VERY strange i might have to call them back
actually the reason i called scotiabank is my friend has an account with them so i thought it would be cheaper

im calling the bank again now

cheers for the heads up
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Old 02-14-2006, 02:12 PM   #8
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15%?? That's fuckin' nuts. Are you sure they don't mean .0015% ?

My bank is .0020% + $27 to send a wire to Australia.
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