is it possible as an irish resident to open a canadian dollar deposit account, i still have a canadian current account and am wondering could i open a deposit account from ireland and lodge money in it,
Do you want to keep the money in CAD? You can transfer the CAD cash into a EUR bank account here. The Irish bank will do the currency conversion for you.
I am not aware of any Irish banks that offer CAD accounts.
Do you want to keep the money in CAD? You can transfer the CAD cash into a EUR bank account here. The Irish bank will do the currency conversion for you.
I wouldn't recommend using a bank for the currency conversation as you will get stung by the exchange rate, depending on the amount i would use a currency broker for the conversion. if you would like to know more about the currency exchange process check out
Permanent TSB offer a Canadian dollar demand accout.
From their website
Canadian Dollar [FONT=Akzidenz Grotesk BE Light,Akzidenz Grotesk BE Light][FONT=Akzidenz Grotesk BE Light,Akzidenz Grotesk BE Light]Effective from 13th February 2008 [/FONT][/FONT][FONT=Akzidenz Grotesk BE,Akzidenz Grotesk BE][FONT=Akzidenz Grotesk BE,Akzidenz Grotesk BE]Demand [/FONT][/FONT][FONT=Akzidenz Grotesk BE Light,Akzidenz Grotesk BE Light][FONT=Akzidenz Grotesk BE Light,Akzidenz Grotesk BE Light]0,000,001 - 0,00 4,999.99 0.75%
0,0 5,000 - 0,0 49,999.99 1.50%
0,050,000 - 0,0+ 2.25%
I don't know of other Irish banks who offer Canadian dollar accounts to Irish residents. [/FONT][/FONT]
Hi I am also looking at opening a Canadian Dollar Deposit a/c in a Canadian Bank. (Not a CAD a/c with an Irish Bank) has anyone done this before and if so what is needed or how do I go about it. I'm not moving here just thinking of investing.