Using a Debit Card How Cheques Work Accessing Your Accounts Types of Bank Accounts in Canada A chequing account and a savings account are the two most common types of personal bank accounts in Canada. As a newcomer here, you will most likely want to have both accounts. Chequing Account Desi...
The monthly fee for your chequing account usually covers a certain number of transactions per month, whether you use your debit card at a retailer’s point of sale or the ATM. If you exceed this number of transactions, you’ll usually incur a fee. For example, the RBC Day to Day chequi...
Foreign exchange (FX) fees.The FX fee is the cost the provider charges you to change CAD into USD. This often runs from less than 1% up to 2.5% of the amount converted. Why invest in US stocks from Canada? Now that you know how to buy US stocks in Canada, you’re probably wonder...