CanAm Currency Blog, Market Insights and Currency Exchange News

Once your transfers move past the everyday range and into business-sized or major personal amounts, the provider you choose stops being a convenience question and becomes a cost question. The…

Helping family is one of the most common reasons Canadians move money across the border. A down payment for a child in the US, support for a parent back home,…

As the nation's capital, Ottawa is full of cross-border travellers, federal and embassy workers paid in or dealing with foreign currency, students, and businesses that trade internationally. All of them…

Montreal is one of Canada's most international cities, a hub for tourism, study, and business that trades far beyond Quebec's borders. With that comes constant demand to move money between…

Whether you've sold a property in the UK, received an inheritance from abroad, earn income in sterling, or are simply moving home to Canada, turning British pounds into Canadian dollars…

Every fall, hundreds of thousands of Canadians head south for the winter. And every fall, a quiet tax gets paid before the first round of golf, the cost of turning…

What Remitly Does Well — and Where It Falls Short Remitly is one of the most popular money transfer apps in Canada, and for good reason. It's fast, the mobile…

Why People Look for Knightsbridge FX Alternatives Knightsbridge Foreign Exchange is one of Canada's better-known currency exchange providers. Based in Toronto and founded in 2009, they've built a solid reputation…

What RBC Charges for USD to CAD Conversions Royal Bank of Canada is the country's largest bank by assets, and millions of Canadians use it as their default for everything…

What Is Norbert's Gambit? If you've spent any time in Canadian personal finance forums, you've probably seen Norbert's Gambit recommended as the cheapest way to convert Canadian dollars to US…

Not all currency exchange is created equal. The difference between the best and worst options can cost you 10% or more of your money—sometimes much more. Canadians often exchange currency…

When you exchange currency at a Canadian bank, the rate you see is rarely the rate you actually get. Banks have developed sophisticated ways to profit from currency exchange that…

When you need to exchange currency, you have two main options at CanAm: walk into our Windsor location with cash, or handle everything online through electronic funds transfer. Both methods…

When Canadians need to move money across borders — whether sending funds internationally, paying a US supplier, converting USD earnings, or purchasing foreign property — two methods come up repeatedly:…

Planning a trip to Europe is exciting — and expensive if you don't plan your currency exchange carefully. The euro is used across 20 countries, making it the currency Canadians…

Timing matters when exchanging currency. The difference between exchanging at the right time versus the wrong time can mean hundreds or even thousands of dollars on larger transactions. Exchange rates…

When you exchange currency, the rate you receive is never quite the same as the rate you see on Google or in the financial news. That difference—often invisible and rarely…

Online currency exchange has transformed how Canadians handle foreign currency transactions. Instead of visiting bank branches or airport kiosks with their unfavorable rates, Edmonton residents can now exchange currency from…