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when is the good time to transfer CAD to US$

By redBlue in Canada

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wexford65 Explorer

wexford65   0

Posted
Filed: Lift. Cond. (pnd) Country: United Kingdom
 Timeline
Posted

I actually trade forex for myself for a living, typically the Euro, Canadian Dollar, Aussie Dollar and Japanese Yen.

I moved a chunk from the USD into Canadian when it was up at 1.31, took off half at 1.09 :thumbs: and suspect we will see lower in the next 3-6 months. The traders in Chicago are planning a parity party (USD and Canadian at parity) and expect it before Christmas. At the end of the day the USD has some tough days ahead of it with both the Russians and Chinese talking about a global reserve currency which even the suggestion of which hurts the dollar and helps the Canadian.

As someone pointed out above the CAD also has a strong correlation to Crude Oil which is taking a breather right now.

As yet another person pointed out unless you are talking a reasonable amount it isn't worth spending too much time on it but you can probably save a few hundred bucks by timing it right AND shopping around.

Good luck,

AOS Application

AOS posted 5/30/2007

AOS arrived in Chicago 6/1/2007

NOA1 rcvd 6/11/2007, dated 6/6/2007

AOS/EAD/AP touched 6/10/2007

AOS/EAD/AP touched 6/11/2007

Rcvd AOS/EAD Biometrics appt. letter 6/19/2007

I130/EAD/AP touched 6/24/2007

AOS/EAD Biometrics appt. 7/6/2007

AOS/EAD touched 7/6/2007

AOS/EAD touched 7/9/2007

AP touched 8/14/2007

AP touched 8/15/2007

AP touched 8/16/2007

EAD approved 8/20 EAD Approved

Rcvd AP in post 8/22/2007 AP Approved

AOS Interview 9/26/2007

AOS Approved 9/26/2007

I-751 Petition to Remove Conditions of Residence

I-751 mailed 07/06/09

I-751 arrived VSC 07/07/09

NOA1 dated 07/07/09

Biometrics 08/13/0

I-751 Approval 12/10/09 I-751 Approved

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JillA Experienced

JillA   2

Posted
Filed: Citizen (apr) Country: Canada
 Timeline
Posted

The loonie is at a 3 week high today - my exchange looks good so doing some custom house tonight! The best rate in awhile

K-1

I-129F sent to Vermont: 2/19/08

NOA1: 2/21/08

NOA2: 3/10/08

Packet 3 recd: 3/25/08

Packet 3 sent: 4/18/08

Appt letter recd: 6/16/08

Interview at Montreal Consulate: 7/10/08 **APPROVED!!**

K1 recd: 7/15/08

US Entry at Buffalo, New York: 11/15/08

Wedding in Philadelphia: 11/22/08

AOS

AOS/EAD/AP filed at Chicago Lockbox: 12/17/08

NOA: 12/29/08

Case transferred to CSC: 1/7/09

AOS Approval: 4/2/09

Biometrics appt: 1/16/09

EAD received: 3/12/09

AP received: 3/13/09

AOS approval notice sent: 4/2/09

GC received: 4/9/09

ROC

Sent package to VSC: 1/5/11

NOA1: 1/7/11

Biometrics: 2/14/11

Approval letter received: 8/1/11

GC received: 8/11/11

Citizenship:

N-400 sent to Dallas lockbox: 3/1/12

NOA1: 3/6/12

Biometrics: 4/9/12

Interview: 5/25/12

Oath Ceremony: 6/4/2012

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minnew Proficient

minnew   4

Posted
Filed: Lift. Cond. (apr) Country: Canada
 Timeline
Posted

Ok I have two questions about customhouse. I think someone needs to start charging commission on the Canada forum! LOL! Anyways, I want to set up an account with customhouse as I am moving to the US in mid-Sept.

1. Being that I already have a US bank account that is active from when I lived in the US, can I set up an account with them before I move?

2. Does customhouse do transfers from your Canadian bank account to American bank account? AND your transfers from American bank account back to your Canadian bank account. I would definitely need them for BOTH and would make my life so much simpler.

AOS

Sent- 10-21-09

Tracking says Delivered by USPS-10-23-09

Check cashed-10-30-09 (MSC case # on back)

NOA 1 date-10-29-09 (Received Date 10-23-09)

Hard copy NOA - 11-02-09

Touch- 11-03-09

Received bio appt letter-11-07-09(dated 11-03-09)

Bio appt- 11-19-09

Transfer to CSC-11-18-09

Touch on 485/765- 11-19-09

Touch on 485/765- 11-20-09

Hard copy of transfer to CSC- 11-23-09

Touch on 485- 11-24-09 (now processing @ CSC email)

Touch on 485- 11-25-09

Touch on 485- 11-27-09

Touch on 485- 11-30-09

Touch on 485- 12-01-09

Touch on 485- 12-02-09

Touch on 485- 12-03-09

EAD/AP approved-12-18-09

EAD/AP touch- 12-21-09

GC APPROVED!!- 12-21-09

Notice mailed welcoming PR-12-21-09

2nd Card Production ordered email-12-22-09

Approval notice sent-12-28-09

GC arrived in the mail-01-05-10

Done with USCIS until September 14, 2011!!

ROC

Sent: 09-14-11

Received: 09-16-11

Check cashed: 09-21-11

y7nv8l5t.png

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JillA Experienced

JillA   2

Posted
Filed: Citizen (apr) Country: Canada
 Timeline
Posted
Ok I have two questions about customhouse. I think someone needs to start charging commission on the Canada forum! LOL! Anyways, I want to set up an account with customhouse as I am moving to the US in mid-Sept.

1. Being that I already have a US bank account that is active from when I lived in the US, can I set up an account with them before I move?

2. Does customhouse do transfers from your Canadian bank account to American bank account? AND your transfers from American bank account back to your Canadian bank account. I would definitely need them for BOTH and would make my life so much simpler.

Yes to both questions - I set up my CH account well before I moved, and you can transfer both ways.

It makes my life simpler that's for sure!

K-1

I-129F sent to Vermont: 2/19/08

NOA1: 2/21/08

NOA2: 3/10/08

Packet 3 recd: 3/25/08

Packet 3 sent: 4/18/08

Appt letter recd: 6/16/08

Interview at Montreal Consulate: 7/10/08 **APPROVED!!**

K1 recd: 7/15/08

US Entry at Buffalo, New York: 11/15/08

Wedding in Philadelphia: 11/22/08

AOS

AOS/EAD/AP filed at Chicago Lockbox: 12/17/08

NOA: 12/29/08

Case transferred to CSC: 1/7/09

AOS Approval: 4/2/09

Biometrics appt: 1/16/09

EAD received: 3/12/09

AP received: 3/13/09

AOS approval notice sent: 4/2/09

GC received: 4/9/09

ROC

Sent package to VSC: 1/5/11

NOA1: 1/7/11

Biometrics: 2/14/11

Approval letter received: 8/1/11

GC received: 8/11/11

Citizenship:

N-400 sent to Dallas lockbox: 3/1/12

NOA1: 3/6/12

Biometrics: 4/9/12

Interview: 5/25/12

Oath Ceremony: 6/4/2012

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minnew Proficient

minnew   4

Posted
Filed: Lift. Cond. (apr) Country: Canada
 Timeline
Posted
Ok I have two questions about customhouse. I think someone needs to start charging commission on the Canada forum! LOL! Anyways, I want to set up an account with customhouse as I am moving to the US in mid-Sept.

1. Being that I already have a US bank account that is active from when I lived in the US, can I set up an account with them before I move?

2. Does customhouse do transfers from your Canadian bank account to American bank account? AND your transfers from American bank account back to your Canadian bank account. I would definitely need them for BOTH and would make my life so much simpler.

Yes to both questions - I set up my CH account well before I moved, and you can transfer both ways.

It makes my life simpler that's for sure!

:D Sweet! Thanks so much! I will definitely keep them in business! :lol:

AOS

Sent- 10-21-09

Tracking says Delivered by USPS-10-23-09

Check cashed-10-30-09 (MSC case # on back)

NOA 1 date-10-29-09 (Received Date 10-23-09)

Hard copy NOA - 11-02-09

Touch- 11-03-09

Received bio appt letter-11-07-09(dated 11-03-09)

Bio appt- 11-19-09

Transfer to CSC-11-18-09

Touch on 485/765- 11-19-09

Touch on 485/765- 11-20-09

Hard copy of transfer to CSC- 11-23-09

Touch on 485- 11-24-09 (now processing @ CSC email)

Touch on 485- 11-25-09

Touch on 485- 11-27-09

Touch on 485- 11-30-09

Touch on 485- 12-01-09

Touch on 485- 12-02-09

Touch on 485- 12-03-09

EAD/AP approved-12-18-09

EAD/AP touch- 12-21-09

GC APPROVED!!- 12-21-09

Notice mailed welcoming PR-12-21-09

2nd Card Production ordered email-12-22-09

Approval notice sent-12-28-09

GC arrived in the mail-01-05-10

Done with USCIS until September 14, 2011!!

ROC

Sent: 09-14-11

Received: 09-16-11

Check cashed: 09-21-11

y7nv8l5t.png

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trailmix Grand Master

trailmix   77

Posted
Filed: IR-1/CR-1 Visa Country: Canada
 Timeline
Posted

I set mine up last week, just filled in the online form and then I got this email. No one called me, but I called them and gave them my SSN. Few minutes later I got a confirmation email that the account was set up.

Now I can just log in an check the exchange rate at any time, which is really convenient.

Thank you for applying for an account with Custom House Online! We are pleased that you have chosen to use our service for your foreign exchange and international payments needs.

A Customer Service Representative will contact you within 24 hours via email or telephone to advise you of the next steps required to activate your account. Please be aware that you may be requested to send copies of documents to be used as proof of identity.

All Canadian residents will need to submit** a bank statement or bank letter from their Canadian Dollar bank account in compliance with Canadian Bill C-25 (Proceeds of Crime and Terrorist Financing Act). The statement or letter must include your bank name, your name, your address and your account number. It must be dated within 60 days of your signup.

If you have any immediate questions, our Customer Service Representatives are available 24 hours a day, Monday to Thursday, from 7am until 3pm on Friday and Saturday, and from 3pm onwards on Sunday (all times PST). Please contact us toll-free within North America at 1 866 494 2423, option 1, or internationally at +1 250 412 1461, option 1. You may also e-mail us at online@customhouse.com.

We are confident that you will be satisfied with the services that we offer, and would be happy to help you evaluate any changes to your payments needs with you as they arise. Again, thank you for choosing Custom House!

**To submit your bank statement, please scan or take a digital photograph of your document and e-mail to online@customhouse.com. Detailed transaction information may be blacked out for your privacy.

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minnew Proficient

minnew   4

Posted
Filed: Lift. Cond. (apr) Country: Canada
 Timeline
Posted
A Customer Service Representative will contact you within 24 hours via email or telephone to advise you of the next steps required to activate your account. Please be aware that you may be requested to send copies of documents to be used as proof of identity.

All Canadian residents will need to submit** a bank statement or bank letter from their Canadian Dollar bank account in compliance with Canadian Bill C-25 (Proceeds of Crime and Terrorist Financing Act). The statement or letter must include your bank name, your name, your address and your account number. It must be dated within 60 days of your signup.

I just signed up too! :dance: I went paperless for statements a long time ago with my bank! I am trying to figure out if TD has online bank statements I can print out, or if I will have to ask for one to be sent.....hummmm......

AOS

Sent- 10-21-09

Tracking says Delivered by USPS-10-23-09

Check cashed-10-30-09 (MSC case # on back)

NOA 1 date-10-29-09 (Received Date 10-23-09)

Hard copy NOA - 11-02-09

Touch- 11-03-09

Received bio appt letter-11-07-09(dated 11-03-09)

Bio appt- 11-19-09

Transfer to CSC-11-18-09

Touch on 485/765- 11-19-09

Touch on 485/765- 11-20-09

Hard copy of transfer to CSC- 11-23-09

Touch on 485- 11-24-09 (now processing @ CSC email)

Touch on 485- 11-25-09

Touch on 485- 11-27-09

Touch on 485- 11-30-09

Touch on 485- 12-01-09

Touch on 485- 12-02-09

Touch on 485- 12-03-09

EAD/AP approved-12-18-09

EAD/AP touch- 12-21-09

GC APPROVED!!- 12-21-09

Notice mailed welcoming PR-12-21-09

2nd Card Production ordered email-12-22-09

Approval notice sent-12-28-09

GC arrived in the mail-01-05-10

Done with USCIS until September 14, 2011!!

ROC

Sent: 09-14-11

Received: 09-16-11

Check cashed: 09-21-11

y7nv8l5t.png

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SapphireDreams Experienced

SapphireDreams   71

Posted
Filed: K-1 Visa Country: Canada
 Timeline
Posted

^^ I just sent them an online screen shot of my online banking screen showing my name. They were fine with that.

Removing Conditions

Sent package to VSC - 8/12/11

NOA1 - 8/16/11

Biometrics - 9/14/11

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SapphireDreams Experienced

SapphireDreams   71

Posted
Filed: K-1 Visa Country: Canada
 Timeline
Posted

Okay I'm about to do my first transaction...

For payment methods, do I select:

Debit my account

OR

I will initiate wire transfer?

And then I'm guessing it is the EFT option for the next part...

Removing Conditions

Sent package to VSC - 8/12/11

NOA1 - 8/16/11

Biometrics - 9/14/11

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Krikit Grand Master

Krikit   1,163

Posted
Filed: Timeline
Posted

Wire transfer is the one you pay $25 for. Like if you wanted it the same day or if you wanted to pay someone in the UK or something. What you should really do is give them a call, tell them that it's your first trade, and you'd like them to help step you through it. Then write down all the instructions as you go because you'll forget. :lol:

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Emancipation Mentor

Emancipation   2

Posted
Filed: Citizen (apr) Country: Canada
 Timeline
Posted

It is debit your account n'est pas?

AOS:

2007-02-22: Sent AOS /EAD

2007-03-06 : NOA1 AOS /EAD

2007-03-28: Transferred to CSC

2007-05-17: EAD Card Production Ordered

2007-05-21: I485 Approved

2007-05-24: EAD Card Received

2007-06-01: Green Card Received!!

Removal of Conditions:

2009-02-27: Sent I-751

2009-03-07: NOA I-751

2009-03-31: Biometrics Appt. Hartford

2009-07-21: Touched (first time since biometrics) Perhaps address change?

2009-07-28: Approved at VSC

2009-08-25: Received card in the mail

Naturalization

2012-08-20: Submitted N-400

2013-01-18: Became Citizen

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JillA Experienced

JillA   2

Posted
Filed: Citizen (apr) Country: Canada
 Timeline
Posted
It is debit your account n'est pas?

Yes I just did a trade last night. It's debit your account and EFT

K-1

I-129F sent to Vermont: 2/19/08

NOA1: 2/21/08

NOA2: 3/10/08

Packet 3 recd: 3/25/08

Packet 3 sent: 4/18/08

Appt letter recd: 6/16/08

Interview at Montreal Consulate: 7/10/08 **APPROVED!!**

K1 recd: 7/15/08

US Entry at Buffalo, New York: 11/15/08

Wedding in Philadelphia: 11/22/08

AOS

AOS/EAD/AP filed at Chicago Lockbox: 12/17/08

NOA: 12/29/08

Case transferred to CSC: 1/7/09

AOS Approval: 4/2/09

Biometrics appt: 1/16/09

EAD received: 3/12/09

AP received: 3/13/09

AOS approval notice sent: 4/2/09

GC received: 4/9/09

ROC

Sent package to VSC: 1/5/11

NOA1: 1/7/11

Biometrics: 2/14/11

Approval letter received: 8/1/11

GC received: 8/11/11

Citizenship:

N-400 sent to Dallas lockbox: 3/1/12

NOA1: 3/6/12

Biometrics: 4/9/12

Interview: 5/25/12

Oath Ceremony: 6/4/2012

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