12:13 am
Hi,
I want to open a "petty cash" account which will never have a balance higher than $100 or maybe $200. Money will be deposited in Canada & withdrawn in Europe (Serbia to be specific) about once per month. (Long story.)
So I need:
- Low international ABM withdrawal fees
- No or low monthly fees
- No minimum balance required
Does anyone know how the various no-fee online options (PC, Citizen's Bank, ING, HSBC Direct, etc) measure up for my needs? Or does anyone know of other banks that might be better for me?
Thanks!
12:27 am
You might want to look at Paypal. I recently had to transfer money to an account I had in the Czech Republic. I have a Canadian Paypal account connected to a Canadian bank account, (transferring between these is free), I set up a Czech Paypal account an connected it to my Czech bank account. I sent the money from my Canadian paypal account to my Czech on, and then into my Czech bank account. It cost me about a $1.50. (I think the exchange rate was decent too.)
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