How do I transfer money back to Canada [chealy and quickly]?

It works. Rates are reasonable and it's instantaneous

Postby Rory » Wed Dec 03, 2008 7:05 pm

Just so you all know, this works like a champ. I've been happily transferring money for months now. The money is transferred immediately, so you can pay your bills with no delay.

The first transfer must have been at an introductory rate or something, because it was only .5% above the bank of Canada rate (ie, if the rate was 1CDN = 1.23 AUD, I transferred at 1.236AUD). Since then, it's been pretty consistent at about 2%. As far as I can tell, this is still the cheapest way to transfer money. Your total cost to transfer is subject only to a 2% "we sell at/we buy at" rate, which is better than most places I've seen.

Hope this information helps someone.
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Re: How do I transfer money back to Canada [chealy and quickly]?

Postby steve s » Thu Jan 08, 2009 12:28 pm

I called ING and they say there are no fees to transfer from Cad to AUS account and vis-versa.
All u have to do is open an account in each country.
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Re: How do I transfer money back to Canada [chealy and quickly]?

Postby waters » Sat Jan 17, 2009 4:02 pm

Just phoned both Canadian and Australian ING, they said there is no direct link between them...
so you can not transfer $ ...
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