Sentences with phrase «currency conversion charges in»

They were the first to offer wash trading as a way around avoiding forced currency conversion charges in RRSP accounts.

TD Direct Investing, unfortunately, is not only dragging its feet on offering a US Dollar RRSP but also refusing to do anything about currency conversion charges in registered accounts.

TD Direct Investing, unfortunately, is not only dragging its feet on offering a US Dollar RRSP but also refusing to do anything about currency conversion charges in registered accounts.

In a recent post, Canadian Couch Potato wondered if US - listed ETFs are really cheaper than Canadian ETFs considering that a Canadian investor incurs a 1.5 percent currency conversion charge in buying and selling a cheaper MER product.

Not exact matches

I don't have a smartphone with an app for that), so I have to go with a credit card, which comes with an arbitrary currency conversion charge per transaction that totally negates the savings I'm getting unless I buy in bulk, which I'd only do with an already completed run, or once a current series was far enough along to make it worth my while, which means I have to wait several months, which is the opposite of one of the supposed advantages of going digital.

Foreign Currency Conversion 0 % For Purchases or Cash Advances in a foreign currency, that foreign currency will be converted into Canadian dollars at the exchange rate set by Visa International in effect on the day the transaction is posted to your Account, plus a 0 % currency conversionCurrency Conversion 0 % For Purchases or Cash Advances in a foreign currency, that foreign currency will be converted into Canadian dollars at the exchange rate set by Visa International in effect on the day the transaction is posted to your Account, plus a 0 % currency conversioncurrency, that foreign currency will be converted into Canadian dollars at the exchange rate set by Visa International in effect on the day the transaction is posted to your Account, plus a 0 % currency conversioncurrency will be converted into Canadian dollars at the exchange rate set by Visa International in effect on the day the transaction is posted to your Account, plus a 0 % currency conversioncurrency conversion charge.

Our broker charges a currency conversion fee at 0.1 % of the transaction amount if you invest in a non-USD currency.

I moved from RBC Direct to TD Waterhouse just for this reason and if more investors vote with their feet and demand a change, the brokers will fall in line before you can say «currency conversion charge».

Plus, using a credit card that doesn't have a foreign transaction fee is usually cheaper than using the currency conversion services at retail stores, banks, and airports, which tend to charge high fees and could be inconsistent in their currency calculations.

To avoid the foreign exchange conversion fee my broker (Questrade) typically charges (2.5 %) I buy shares in an ETF that tracks the US currency.

Discount brokerages that do not offer clients the option to have US dollar accounts will usually charge currency conversion fees on transactions that take place in US dollars (for example if a client buys shares of a company from a US listed exchange).

The automatic washing helps in saving on currency conversion charges when selling a security denominated in US dollars and buying another USD security even on different days.

Of course, ignoring foreign currency conversion charges, which typically costs about 1 %, does not result in a very accurate estimate.

Usually, you can «wire» transfer money from your BoA account to the account back home, but that is usually comes at a fee of about $ 30 - $ 50 per transfer (in the US, additional fees may be charged at the receiving end + currency conversion costs).

Exchanging US funds into Canadian dollars in PayPal is not ideal because PayPal charges a steep currency conversion fee of 2.5 %.

Matyasfalvi also warned about so - called «dynamic currency conversion» in which foreign merchants ask if you want to be charged in Canadian dollars while using your credit or debit card.

Wash trading is not something that is widely known, so it's a good bet that a large percentage of investors are needlessly paying currency conversion charges when selling US stocks one day and buying them in another in RRSP accounts.

In addition to the exchange rate, PayPal also charges a 2.5 % currency conversion fee to exchange funds from one currency to another.

Although you might think that charging the expense in your home currency would be a better idea (to avoid your credit card's foreign transaction fees), you'll likely be charged an even greater currency conversion charge (plus a hidden fee) by the vendor.

Plus, using a credit card that doesn't have a foreign transaction fee is usually cheaper than using the currency conversion services at retail stores, banks, and airports, which tend to charge high fees and could be inconsistent in their currency calculations.

When you do charge in a foreign currency, while Visa or Mastercard do convert at a reasonable exchange rate, your bank may apply a 3 % or so conversion fee on the converted amount, tending to even things out.

When you're abroad, watch out for outfits that try to put a charge through in dollars instead of the local currency (google dynamic currency conversion).

Assuming you have one of the many, many travel rewards credit cards that do not charge you a currency conversion fee, and you should have at least one, there is no reason you would ever want to pay in anything other than the local currency.

(Note: Not all issuers charge a conversion fee in addition to the 1 % charged by Visa or MasterCard, so it might pay to shop around for a credit card with a fair foreign currency policy.

Using your rewards - earning credit card for your foreign purchases will not only result in getting charged the best currency conversion rate when you make the purchase, you'll also be earning rewards on those purchases.

These used to be called currency conversion fees because card issuers said they imposed them to cover the cost of converting a foreign transaction into U.S. dollars, but now they're called foreign transaction fees because they're charged even for deals made entirely in dollars.

Amex Bank of Canada v. Adams et al. 2014 SCC 56 Banks and Banking — Constitutional Law — Consumer Law — Creditors and Debtors — Quebec Obligations Summary: This class action was authorized respecting repayment of the conversion charges imposed by Amex Bank of Canada on credit card and charge card purchases made in foreign currencies primarily on the basis that the conversion charges violated Quebec's Consumer Protection Act (CPA).

Bank of Montreal v. Marcotte et al. 2014 SCC 55 Banks and Banking — Constitutional Law — Consumer Law — Creditors and Debtors — Damage Awards — Damages — Practice — Quebec Procedure Summary: This class action and two others were launched, seeking repayment of the conversion charges imposed by several credit card issuing financial institutions (banks) on credit card purchases made in foreign currencies primarily on the basis that the conversion charges violated Quebec's Consumer Protection Act (CPA).

Class Actions in Québec: Credit Card Conversion Charges Bank of Montreal v. Marcotte, 2014 SCC 55 (35009) Québec's Consumer Protection Act applies to credit card issuers re conversion charges on purchases made in foreign currCharges Bank of Montreal v. Marcotte, 2014 SCC 55 (35009) Québec's Consumer Protection Act applies to credit card issuers re conversion charges on purchases made in foreign currcharges on purchases made in foreign currencies.

If you choose to deposit a fiat currency that isn't supported by CEX.IO, keep in mind that your bank may charge you a currency conversion fee.

In theory such transactions should be free, as Coinizy already charges commission for currency conversion.