Save an additional $500 to $1000 on your importation simply by using a foreign exchange service rather than your bank to get a more preferrable exchange rate.
To use a foreign exchange service, all you have to do is (1) set up a bank account in US dollars and (2) set up a (free) account with a foreign exchange service provider (FESP). Then you simply transfer the funds for your car purchase from your Canadian bank account to your US bank account using the FESP as the intermediary.
The process is very simple, but can provide you with significant savings. Once you are set up, you can also use your foreign exchange service account to purchase a home, boat or other big ticket items in the USA (or any other country). Or simply to convert funds for a holiday in Hawaii...
Below are FESP organizations in Canada that come highly recommended by fellow UCanImport Subscribers:
Disclaimer: UCanImport Publications provides this list of foreign exchange merchants as a service to our readers only - although we do our best to qualify our list members, ultimately we do not provide this listing as any type of endorsement, and therefore are not responsible for the quality of each organization's integrity, professionalism or customer service. In other words... use your own best judgement!
Add Your Company
Would you like to connect with our national network of Canadian vehicle importers? The list of UCanImport partners above features only professional organizations offering quality products and/or services as well as exemplary customer service. If you feel your foreign exchange company qualifies, contact us online or by e-mail at .