options to transfer CAD $ from a bank in Canada to the US?

Banking

We are trying to avoid the 2% spread that occurs when you transfer money from a bank in Canada to a bank in the US. Have found a private bank that will receive CAD directly in the US, but RBC doesn't allow wire transfers to the US from CAD > CAD.

I understand we could use wise (?) or other transfer services that drop the cost to <0.8% but still pretty high vs. just a direct transfer.

Has anyone encountered this and have a better solution?

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Why the downvote?

Posted Jun 6, 2026, 9:35 PM UTC

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