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Old 03-15-2006, 09:53 AM   #1
NoWhErE
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CANADIANS --- bank wire transfer question

Hey guys,

I'm just interested in knowing what are the charges that CIBC imposes on receiving wire transfers? Anyone know? I've never gotten a wire before, so I dunno if they are gonna take away a huge chunk of it
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Old 03-15-2006, 09:56 AM   #2
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Who charges for incoming money transfers at all ?

Sending is $ 42 CAD though .
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Old 03-15-2006, 09:58 AM   #3
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Quote:
Originally Posted by Denis_SC
Who charges for incoming money transfers at all ?


I don't know, thats why I'm asking lol
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Old 03-15-2006, 10:00 AM   #4
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Quote:
Originally Posted by NoWhErE
I don't know, thats why I'm asking lol
Well you won't have to pay anything for incoming transfer at CIBC.
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Old 03-15-2006, 10:01 AM   #5
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National Bank of Canada charges 15.00 for incoming wire transfer,
have no clue what CIBC would charge
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Old 03-15-2006, 10:20 AM   #6
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Royal Bank doesn't charge anything for incoming wires either
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Old 03-15-2006, 10:23 AM   #7
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TD/Canada Trust doesn't charge for incoming either.
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Old 03-15-2006, 10:29 AM   #8
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Cool thanks guys
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Old 03-15-2006, 11:08 AM   #9
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BMO charges a $14 handling fee for incoming wires. So does Royal Bank.
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Old 03-15-2006, 12:00 PM   #10
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Where the banks often ding you the most is if you receive a US dollar wire into a Canadian dollar account --- you'll get a non-competitive exchange rate. Make sure you open a US dollar account for US wires.
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Old 03-16-2006, 12:36 PM   #11
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Originally Posted by SilentKnight
TD/Canada Trust doesn't charge for incoming either.
Really? They charge us $10. What kind of account you have? (Ours is a US Dollar Corp account).
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Old 03-16-2006, 12:43 PM   #12
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Quote:
Originally Posted by sexyclicks
Royal Bank doesn't charge anything for incoming wires either
was about to say that
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Old 03-16-2006, 12:44 PM   #13
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Quote:
Originally Posted by GeorgeK
Where the banks often ding you the most is if you receive a US dollar wire into a Canadian dollar account --- you'll get a non-competitive exchange rate. Make sure you open a US dollar account for US wires.


Shit... now you tell me
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