FX Suggestions? Converting USD to CAD, Suggestions for low rates.

searcher profile

August 21, 2020

by a searcher from University of Toronto - Joseph L. Rotman School of Management in Vancouver, BC, Canada

Looking at you fellow Canadian searchers. Any suggestions for low FX rates for a USD to CAD transfer. Have seen big banks and Knightsbridgefx..com. Wondering if there are other better options?

0
8
63
Replies
8
commentor profile
Reply by a searcher
from University of Alberta in Calgary, AB, Canada
We haven't raised yet and this might not be practical for the search fund (as investors might be uneasy if you are putting the capital in a brokerage account), but look up Norbert's Gambit. It is probably the best FX conversion you can get on large sums of capital (only pay a brokerage fee).
commentor profile
Reply by an investor
in New York, NY, USA
Two words: Interactive Brokers http://blog.plsoucy.com/2013/03/converting-usd-cad-interactive-brokers-howto/
commentor profile
+6 more replies.
Join the discussion