List of eWallets for Canadians

[savvy76]

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Without question, the best way is to go to Party and send all of your payments through their Electronic Transfer method.

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True, but how to get money from other sites to Party? Moneybookers will work to a point, but their outgoing transaction limits are restrictive to high stakes players. If the click2pay bank wires do not work for some reason, I will likely go with a combination of site->MB->Party EFT and cheque direct from site.

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Very good point, I'm admittedly not in the same boat in terms of volume of funds.
Although I may have misunderstood, I thought the limits were on incoming and/or outgoing wires from MB, not between MB and gaming sites.

[savvy76]

Nevermind, I was thinking of transaction fees, not limits.

[cardman]

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i'm assuming you meant TD and not BMO.

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No, I meant Scotiabank and BMO. Note that I'm going not only by the rate charged for incoming wires but also for outgoing wires. If you only receive wires, then BMO wouldn't be such a good choice. In that case, then it would be Scotiabank and TD.

[cardman]

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BMO (incoming): Flat fee of $10 + 0.2% of amount transferred (min. $15 - max $125)
BMO (outgoing): Flat fee of $14



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I think you've got the incoming and outgoing rates reversed for BMO. Everything else in the list seems right.

[savvy76]

Thanks for pointing that out;

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

BMO (outgoing): Flat fee of $10 + 0.2% of amount transferred (min. $15 - max $125)
BMO (incoming): Flat fee of $14
CIBC(outgoing): Flat fee of $35
CIBC (incoming): still can't get in touch.
National Bank: $15 + 0.38% of amt. transferred
National Bank(incoming): still can't get in touch
RBC (outgoing): Flat fee of $35 + communication fee to Germany ($7) = $42
RBC(incoming): Free for wires under $50, $15 for wires over $50
Scotia(outgoing): 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]
Scotia (incoming): Flat fee $10
TD Canada Trust(outgoing): Transfers under $10K - flat fee of $30; Transfers $10K - $250K - flat fee of $50
TD Canada Trust(incoming): Flat fee $10

[recipro]

So what is the best way for Canadians to get our money in US dollars?

I wish to keep all my money in US dollars, and would prefer not having to convert it twice, but have heard bad stories of depositing US dollar cheques into US dollar accounts.

[roo400]

Has anyone withdrawn through Click2Pay, if so, how long did it take??? Faster/slower than a withdrawal through FTP??

[QBert80]

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I wish to keep all my money in US dollars, and would prefer not having to convert it twice, but have heard bad stories of depositing US dollar cheques into US dollar accounts.

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What are you referring to? Seems like this would be a piece of cake.

[QBert80]

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Has anyone withdrawn through Click2Pay, if so, how long did it take??? Faster/slower than a withdrawal through FTP??

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Requested a cheque on Apr 12, received it yesterday (Apr 24) in Euro. Sent it back to them yesterday as well since what the hell am I going to do with a foreign cheque in Euro???

[savvy76]

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Has anyone withdrawn through Click2Pay, if so, how long did it take??? Faster/slower than a withdrawal through FTP??

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Requested a cheque on Apr 12, received it yesterday (Apr 24) in Euro. Sent it back to them yesterday as well since what the hell am I going to do with a foreign cheque in Euro???

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You can probably get it cashed into your account. I know USD cheques can be exchanged into a Cdn acct without a problem.