Best way to cash out from Party for Canadians?

[1C5]

Say if you had about $7,000 to cash out, what would be the best way to minimize the fees?

[Henry17]

Looking at my Party Account which I haven't used in some time there are not many options.

I'm thinking cheque is the cheapest

[SparkMan]

Make you party account in a currency that matches your moneybookers account

[cassette]

yeah cheque from moneybookers.

[Jw513]

I usually use the electronic transfer. Fee is $2.50. You can cash out up to 10k.

[Jim14Qc]

EFT FTW? takes like 2 days to be in bank account and the conversion rate that party gives, although not as good as it used to be, still beats the one I get fom my local bank...

[Tooty816]

I've always used bank transfer from Moneybookers. It only costs 2.70 and it gets here in a few days. I had to open up a USD savings account, but that was no trouble.

[cardman]

[ QUOTE ]
I've always used bank transfer from Moneybookers. It only costs 2.70 and it gets here in a few days. I had to open up a USD savings account, but that was no trouble.

[/ QUOTE ]

Your bank probably charges an incoming wire fee. I would check your statements.

If not, PM me the name of your bank so I can join.

I get charged $10 U.S. to receive an incoming wire (taken from the wire and not as a separate fee).

[hypermegachi]

[ QUOTE ]
I've always used bank transfer from Moneybookers. It only costs 2.70 and it gets here in a few days. I had to open up a USD savings account, but that was no trouble.

[/ QUOTE ]
which bank?

[Tooty816]

zomg you guys are right. I've been charged $10 every time I made a transfer. Not only that, but they charged 0.75c for every month I debitted my account! I'm with CIBC. What banks are you guys with?

I guess there ain't no way to get around the fees except to request a cheque for a $5 fee.

Do you guys know how long Moneybooker cheques take to get to Canada? The OP might be interested in this too..