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Houtan, Washington D.C.
October 30, 2015 05:28:19 PM
In reply to Houtan, Washington D.C.
Great question Houtan!
If you need to send funds to your sister in Canada, we'll be happy to clarify what you can expect.
A couple of possibilities exist depending on what you plan to do, Houtan. If you have Canadian Dollars in cash that need to be converted to U.S. funds, then you are correct – these would have to be converted to USD, then deposited and transferred, and will arrive in CAD. On the other hand, if you're simply trying to send the already-existing USD in your account to Canada, then we would only need to convert the funds once.
If you need to deposit Canadian cash to your account for this transfer, then a fee can apply for this conversion and you can review our Fee Schedule at: http://bit.ly/1cTejgt for more info (in the "International" section). Kindly keep in mind that the exchange rate to be used will be provided to you at that time as well.
Once the funds are converted, or if you're sending the existing U.S. funds in your account to Canada, then we'll review more about wire transfers here for you also. We can recommend that you request to send the funds in Canadian Dollars, which can save you money. Feel free to check out this page: http://bit.ly/KjgTlh and click on the "International Wire Transfers" section for more info.
To send the international wire, you'll need to request the wiring instructions from the financial institution to which you are sending the funds. Then you can visit your nearest TD Bank Store to send a wire. For TD Stores near you, please visit http://bit.ly/TDStores. Feel free to review additional information on sending international wires at http://bit.ly/1oowsYN, which can give you a better idea of the info you'll need to obtain from the other bank before stopping in. Please also note that wire transfer fees can apply, and you can check out more about this at the first link above.
We hope this answers all your questions, Houtan, but if not, please feel free to reply! We'll be glad to chat with you again, or you can call us 24/7 at 888-751-9000.
Thanks again and have a great one!
Kristen P, Mount Laurel
October 30, 2015 05:29:50 PM