Don’t use the banks to send money abroad. Canadian citizens are eligible to register for a CurrencyFair Canada account. This makes it possible to transfer money in and out of Canada using CurrencyFair. Even if you are not Canadian you can still transfer to bank accounts in Canada up to 85% cheaper compared to the big banks! Signup here redeem and activate you CurrencyFair coupon to get your first transaction free.
CurrencyFair has a Bank of America bank account in Toronto to allow you to transfer Canadian dollars in and out of CurrencyFair Canada so that you don’t have to pay bank charges. You can learn more about adding bank details in the CurrencyFair review article and CurrencyFair YouTube Review.
Unfortunately, If you are a US resident you can no longer use CurrencyFair due to the a change in US regulations. However, you’ll have no problem transferring in and out of US if you are not a US resident. You can also transfer money from Canada to Australia, the UK and over 20 other countries worldwide! Check out what countries and currencies you can transfer to with Currency Fair Canada.
US Resident – CurrencyFair
A great alternative to CurrencyFair for US residents transferring from the US to Canada is OFX (previously known as USForex or OzForex) . You can use this service to transfer and exchange money between the US and Canada. If you are a Canadian resident, they have their sister company called CanadianForex. It is important to note again that if you are not a US resident, you have no restrictions transferring money to and from the USA using CurrencyFair.
Click here to get the first two transactions FEE FREE with this USForex Coupon.
- Click here to read a comprehensive CurrencyFair Review.
- Get your CurrencyFair Coupon for you first transaction free.
- Check out YouTube to register and activate your account in under 3 minutes!