I am about to open a Canadian U.S dollar account and have a few inquiries. Will I be charged foreign currency fee if I have a Canadian U.S dollar account that accepts USD deposits? Assuming that I receive USD and have USD deposited into my Canadian account. I know the above process works with the U.S Personal account at RBC, but is it offered with other U.S accounts? RBC the only bank that has allowed this process or it can be done with other U.S dollar accounts like TD, Scotia, and etc? I Pay and receive in USD a lot, so I want to know how can I best avoid Foreign exchange fees.
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