Cross-border banking made easy

Cross-border banking made easyCanadians are always looking for better ways to bank in the U.S. Snowbirds need a U.S. bank account to take care of the bills at their condo. Canadian shoppers want easier ways to pay their Macy’s or J.C. Penney account after cross-border shopping sprees. Opening an account at a U.S. bank is an option, but you might not be able to get a U.S. credit card because you don’t have…

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Banks Lose Trust As Service Charges Rise

Banks Lose Trust As Service Charges RiseCanada’s banks are solid, but their service seems to be slipping. After keeping fees stable for awhile, banks are raising charges on a variety of services. Interest rates on lines of credit are being adjusted. At the same time, banks are reporting record profits and senior executives are earning compensation packages that put them ahead of other sectors.  Read More…

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