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Strategies & Market Trends : US Inflation and What To Do About It -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (124)	7/7/2010 2:37:12 PM
From: rr_burns	Read Replies (1) \| Respond to of 1504

lots (All?) of Canadian banks/brokerages have dual currency accounts for handling this sort of issue for Canadians without a lot of currency conversion penalty on the transaction. Many of the Canadian banks have presence in the US under familiar names too. Here is a wiki on one of them (RBC, and CIBC are as big and compete in the same space): en.wikipedia.org Just guessing, but I would not be surprised if you approached the problem through one of their US merged institutions that the transaction costs would be very low with the right local US bank account and a TD Waterhouse brokerage account linked.