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Tips for Canadians Studying in the US or Abroad

what does emt stand for money transfer - knightsbridge FX

What Does EMT Stand for in Money Transfer and How Does It Work

Before choosing the best money e-transfer method, you first want to know, ‘what does EMT stand for money transfer?’ Email money transfer is a common funds transfer method used mainly by Canadians.  EMT allows users to transfer money between their accounts or send it to other bank accounts via email. It is a secure, cheap, […]

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foreign exchange fees - knightsbridge FX

How to Avoid Foreign Exchange Fees

Traveling abroad is exciting but expensive, mainly due to foreign exchange fees. Travelers pay these fees at currency exchange kiosks, foreign ATMs, and each time they use credit cards. Unfortunately, the exchange fees can sometimes be costly. Luckily, there are ways to avoid foreign exchange fees. When preparing for your trip, ensure you exchange currency […]

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us dollar accounts in canada - knightsbridge FX

Can I Open US Dollar Accounts in Canada?

If you travel to the United States regularly or trade US-listed stocks and exchange-traded funds, you might want to learn more about US dollar accounts in Canada. These accounts minimize currency conversion fees which seem small but add up fast. Opening a US dollar account in Canada is quick and straightforward. You could pay a […]

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shipping estimate us to canada - knightsbridgefx

Shipping Estimate US to Canada

While e-commerce makes shopping items abroad easier, it is essential to find the shipping estimate US to Canada. These prices can be high due to lengthy logistics because many parties are involved, from product sourcing to last-mile delivery.  The cost of shipping items from the US to Canada varies with the size and the mode […]

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tax implications of moving back to canada - knightsbridge fx

Tax Implications of Moving Back to Canada

One of the major ways to prepare to live in Canada again is by researching the tax implications of moving back to Canada. It will help you prepare adequately and make your moving process more manageable.  If you gained US citizenship or left Canada after getting a green card,  you are subject to tax on […]

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euro compared to canadian dollar - knightsbridgefx

Euro Compared To Canadian Dollar

As inflation and the value of big commodities continue to change, they affect the value of the Euro compared to the Canadian dollar. Today, the value of 1 Euro is equivalent to 1.31 Canadian Dollar. However, the exchange rate is dynamic and can change anytime. The Euro is a stronger currency because of political stability […]

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how to anonymously send money - knightsbridgefx

How to Send Money Anonymously in Canada

Knowing how to anonymously send money is vital, especially if you often do many online transactions. Although most online companies promise to protect your data, some have reported database breaches that could lead to financial fraud.  Paying anonymously for goods and services keeps your information private and safe from hackers. This mitigates the risk of […]

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telegraphic transfer - knightsbridge fx

Wire Transfer VS Telegraphic Transfer: What’s the Difference

While the telegraphic transfer is one of the least known money transfer methods, it is reliable, and you can use it to send money worldwide. Wire transfer is also one of the most common funds transfer methods globally. You may wonder, “Which is better?” Before you choose any money transfer method, you must understand the […]

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how to receive e transfer - knightsbridge fx

How to receive E transfer in 5 steps

Knowing how to receive e-transfer from TD or another specific bank seems unimportant until someone wants to send you money. While it might seem complicated and overwhelming the first time, especially if you are receiving a lump sum, you can do it in five easy steps. Once someone transfers the cash to your account, you […]

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line of credit vs credit card - knightsbridge fx

Line of Credit Vs Credit Card: What’s the Difference?

Whether you are getting a loan for individual or business use, comparing a line of credit vs credit card is essential. These two ways of getting credit allow you to borrow money whenever you need it, up to a specific limit, instead of getting the lump sum all at once.  However, they have significant differences. […]

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