# Need an economical way to transfer $$ from US to Canada regularly **URL:** \ **Category:** Factual Questions\ **Created:** [August 10, 2005, 2:11am UTC](https://boards.straightdope.com/t/need-an-economical-way-to-transfer-from-us-to-canada-regularly/316382 "2005-08-10T02:11:28Z")\ **Posts on this page:** 6\ **Page:** 3
**Author:** ![Helen\_s\_Eidolon](https://avatars.discourse-cdn.com/v4/letter/h/8edcca/32.png) [@Helen\_s\_Eidolon](https://boards.straightdope.com/u/Helen_s_Eidolon)\ **Post date:** [August 11, 2005, 3:06pm UTC](https://boards.straightdope.com/t/need-an-economical-way-to-transfer-from-us-to-canada-regularly/316382/41 "2005-08-11T15:06:16Z")
> [@mcott](#): > > I would suggest taking a look at the following [TD Canada Trust](http://www.tdcanadatrust.com/usbanking/checking.jsp) witch has links to TD Waterhouse Bank in the US. The webbsite does state that they are unable to set up accounts for residents of Canada at this time, but hey, you’re in the States. Try calling the number, and detailing your requirements. Can’t hurt. Nope. An American company bought TD Waterhouse and now they seem to no longer be linked. Everyone is very confused in customer support. I’m also sort of dealing with this - but the other way around. I’m hoping cash and foreplanning-and-cheques will get me through. ---
**Author:** ![Barbarian](https://avatars.discourse-cdn.com/v4/letter/b/e19adc/32.png) [@Barbarian](https://boards.straightdope.com/u/Barbarian)\ **Post date:** [August 22, 2005, 2:30pm UTC](https://boards.straightdope.com/t/need-an-economical-way-to-transfer-from-us-to-canada-regularly/316382/42 "2005-08-22T14:30:49Z")
Oi! HSBC just implemented a new policy to do exactly what you need doing, [for free](http://www.nydailynews.com/business/story/338553p-289072c.html)! (Link to the Daily News. I read 'em all…) The limit is $1500 a day and $5000/month. It’s designed for Hispanics sending money to the mother country, but there’s no problem sending money anywhere in the world. ---
**Author:** ![pulykamell](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/pulykamell/32/3166_2.png) [@pulykamell](https://boards.straightdope.com/u/pulykamell)\ **Post date:** [August 22, 2005, 4:06pm UTC](https://boards.straightdope.com/t/need-an-economical-way-to-transfer-from-us-to-canada-regularly/316382/43 "2005-08-22T16:06:20Z")
Awesome! And Bank of America is planning a no-fee service, too, according to that report. That’s great! Western Union is such a ripoff. I never understood why it’s taken banks so long to figure out a way to transfer money between each other without ridiculous costs to the consumer. ---
**Author:** ![emacknight](https://avatars.discourse-cdn.com/v4/letter/e/3ec8ea/32.png) [@emacknight](https://boards.straightdope.com/u/emacknight)\ **Post date:** [November 14, 2005, 7:11pm UTC](https://boards.straightdope.com/t/need-an-economical-way-to-transfer-from-us-to-canada-regularly/316382/44 "2005-11-14T19:11:57Z")
**Qadgop** , Did you ever get a solution to this problem? I friend of mine is facing a similar situation and I wasn’t sure what to say. Thanks ---
**Author:** ![elfbabe](https://avatars.discourse-cdn.com/v4/letter/e/b782af/32.png) [@elfbabe](https://boards.straightdope.com/u/elfbabe)\ **Post date:** [November 14, 2005, 10:10pm UTC](https://boards.straightdope.com/t/need-an-economical-way-to-transfer-from-us-to-canada-regularly/316382/45 "2005-11-14T22:10:09Z")
**Qadgop** deposits money into my checking account at the local US bank. I withdraw it with my card from Canadian ATMs. The US bank doesn’t charge any fees for international withdrawals from my account, and I don’t think the Canadian ATMs are allowed to. It’s working pretty well. ---
**Author:** ![emacknight](https://avatars.discourse-cdn.com/v4/letter/e/3ec8ea/32.png) [@emacknight](https://boards.straightdope.com/u/emacknight)\ **Post date:** [November 14, 2005, 10:39pm UTC](https://boards.straightdope.com/t/need-an-economical-way-to-transfer-from-us-to-canada-regularly/316382/46 "2005-11-14T22:39:41Z")
> [@elfbabe](#): > > **Qadgop** deposits money into my checking account at the local US bank. I withdraw it with my card from Canadian ATMs. The US bank doesn’t charge any fees for international withdrawals from my account, and I don’t think the Canadian ATMs are allowed to. It’s working pretty well. Thanks! [Previous page](https://boards.straightdope.com/t/need-an-economical-way-to-transfer-from-us-to-canada-regularly/316382.md?page=2)