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Case Studies
The following are real case studies or transactions made by our clients. The clients' names have been changed to protect their confidentiality. Case Study - Corporate ClientJohn a Canadian based importer needed to buy US$50,000 in exchange for Canadian Dollars to pay for products purchased from his supplier in China.John called his bank and received a USD/CAD rate of 1.1950, resulting in a Canadian Dollar cost of C$59,750. The bank also wanted to charge a C$30 fee. John then called CanadianForex and asked for a rate for him to buy US$50,000 in exchange for Canadian Dollars. CanadianForex quoted 1.1810 resulting in a Canadian Dollar cost of C$59,050 and there was no fee to pay.
Case Study - Private ClientAfter having just moved from the UK to Canada, Peter was awaiting the proceeds from the sale of his house in the UK which he sold for £300,000.Peter called his UK bank and was offered a CAD/GBP rate of 0.5345, meaning he would receive C$561,272. The bank also wanted to charge a £30 fee or approximately C$60. Peter then called CanadianForex and asked for a rate for him to sell £300,000 in exchange for Canadian Dollars. CanadianForex quoted 0.5250 meaning he would receive Canadian Dollars C$571,429 and there was no fee to pay.
To benefit from our great rates and 24 hour service, call now on... Canada Local Call: 1800 680 0750 Australia Free Call: 1300 300 524 (corporate clients) Australia Free Call: 1300 300 424 (private clients) NZ Free Call: 0800 161 868 UK Local Call: 0845 686 1950 International: +1 416 644 5640 ...or Register (it's free) and get immediate access to the latest dealing rates.
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