US resident here. I used to live in Canada and have some long-held mutual funds there. My bank, however, has started charging me $25 a quarter, and I can't meet any of their exemption conditions (don't have enough $$ in the account, and there's no point in adding more money since as a non-resident I'm not allowed to create additional investments).
I don't need this money right now, but it seems I have to move it to avoid these fees. I had been planning on biding my time until the Canadian dollar got better, but it seems that I can't. How do I move these funds to the US without taking a permanent hit because of low Canadian dollar? I've looked into Canadian-dollar US accounts but there isn't enough money to take advantage of them for investment purposes.
Submitted May 07, 2017 at 10:32AM by garback http://ift.tt/2qG0wZB
