How To Save Big On International Money Transfers

For investors, travellers and business people alike, currency conversions have always been a royal rip-off. Fees for converting Canadian dollars to a foreign currency like U.S. dollars can be as high as 5%, and even higher if you buy U.S. cash directly from a local Canadian bank branch. These fees are often hidden in the form of inflated conversion rates, so even though the financial institution may advertise “No Fee Currency Conversion”, there is a steep cost indeed. But much...