List of eWallets for Canadians

[cardman]

[ QUOTE ]

Bank of Nova Scotia: $3.95/mo for 12 transactions
Royal Bank: Pay as you go chequing: No account fee, $1.00 for each assisted transaction, $0.50 for each automated transaction.
TD Canada Trust: $3.95/mo for 10 transactions
Bank of Montreal: $4.00/mo for 10 transactions
National Bank: $5.50/mo for 20 transactions (There may be a cheaper option but their online system is difficult to navigate for information)



[/ QUOTE ]

Do you have a list for what each bank charges to receive and send international bank wires? I think the transaction fees there aren't referring to international bank wires.

I would avoid Royal Bank for international bank wires, whether incoming or outgoing. Very expensive.

[Lyrrad]

I've noticed from TD's updated agreement that TD Visa charges a cash advance fee if you use it to purchase from gambling sites. Does anyone know if the same occurs with a Citi Mastercard? I'm used to paying no fees when reloading and withdrawing with Pokerstars, and I don't want to start now. I'm hoping that eChecks come back to Pokerstars before the next reload bonus.

[lefty rosen]

Not as of last month, I routinely buy-in for bonuses with my Citi card. I may stop this now as I could get a balance because of withdrawal problems could leave a balance at the end of a month.

[savvy76]

[ QUOTE ]
[ QUOTE ]

Bank of Nova Scotia: $3.95/mo for 12 transactions
Royal Bank: Pay as you go chequing: No account fee, $1.00 for each assisted transaction, $0.50 for each automated transaction.
TD Canada Trust: $3.95/mo for 10 transactions
Bank of Montreal: $4.00/mo for 10 transactions
National Bank: $5.50/mo for 20 transactions (There may be a cheaper option but their online system is difficult to navigate for information)



[/ QUOTE ]

Do you have a list for what each bank charges to receive and send international bank wires? I think the transaction fees there aren't referring to international bank wires.

I would avoid Royal Bank for international bank wires, whether incoming or outgoing. Very expensive.

[/ QUOTE ]

I haven't looked at that yet. I can say from experience that a 20USD bank wire to moneybookers cost me $22.50 in service fees (would have been the same up to $10k, I believe). However, I don't actually plan to do that more than once.
I'll check during business hours tomorrow and post afterwards.

Cheers

[savvy76]

Okay, I checked in with the major banks and here's what they told me regarding Wire Transfers.

All transfers are assumed to originate from Ontario and going to Germany (where Moneybookers' bank is located).

BMO: Flat fee of $10 + 0.2% of amount transferred (min. $15 - max $125)
CIBC: Flat fee of $35
National Bank: $15 + 0.38% of amt. transferred
RBC: Flat fee of $35 + communication fee to Germany ($7) = $42
Scotia: I was quoted $12-13 + 0.15% of transfer amt.
[but when I actually did mine at Scotia it was $15 + $7.50 (to Germany) = $22.50]
TD Canada Trust: Transfers under $10K - flat fee of $30
Transfers $10K - $250K - flat fee of $50

There is no fee to have money wired into your account ( I was told), just from the sending bank. That's the $2.40 fee on MB.

[4thstreetpete]

This thread is very informative. Thank you for all the posters for their hard work.

The C2Pay debit card is very interesting. Hopefully someone can post a trip report soon. Thanks again.

[nimajneb]

[ QUOTE ]

There is no fee to have money wired into your account ( I was told), just from the sending bank. That's the $2.40 fee on MB.

[/ QUOTE ]

This is NOT what I was told. I was told (by HSBC) that there's a $8 (could've been as much as $12) for receiving a wire transfer. I hope you are correct.

If anyone has a trip report I'd love to read it.

[hypermegachi]

[ QUOTE ]
[ QUOTE ]

There is no fee to have money wired into your account ( I was told), just from the sending bank. That's the $2.40 fee on MB.

[/ QUOTE ]

This is NOT what I was told. I was told (by HSBC) that there's a $8 (could've been as much as $12) for receiving a wire transfer. I hope you are correct.

If anyone has a trip report I'd love to read it.

[/ QUOTE ]
somewhere in this thread someone only got $85 for their $100 withdrawal from moneybookers. i think it was CIBC...so it was around $13, the other $2 MB pocketed.

[cardman]

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]

There is no fee to have money wired into your account ( I was told), just from the sending bank. That's the $2.40 fee on MB.

[/ QUOTE ]

This is NOT what I was told. I was told (by HSBC) that there's a $8 (could've been as much as $12) for receiving a wire transfer. I hope you are correct.

If anyone has a trip report I'd love to read it.

[/ QUOTE ]
somewhere in this thread someone only got $85 for their $100 withdrawal from moneybookers. i think it was CIBC...so it was around $13, the other $2 MB pocketed.

[/ QUOTE ]

Royal Bank charges $15 for all incoming international bank wires. The $15 fee is in the currency of the wire. So U.S. currency means $15 U.S.

I believe CIBC charges $10.

BMO is looking very good to me right now.

[Pontuan21]

[/ QUOTE ]
Royal Bank charges $15 for all incoming international bank wires. The $15 fee is in the currency of the wire. So U.S. currency means $15 U.S.

I believe CIBC charges $10.

BMO is looking very good to me right now.

[/ QUOTE ]

Are you sure about the RBC wire fees cardman?

The person I talked to at RBC said it cost $15 CAN to recieve a incoming wire in GBP Sterling. Big difference between $15CAN and 15GBP. [img]/images/graemlins/confused.gif[/img]