Quote:
Originally Posted by BalugaWhale
Hey Guys,
Hopefully you guys can quickly verify my plan on a step-by-step basis before I roll out.
1) Drive up from Portland, OR to Vancouver, BC. I will bring bank statements, my current lease, etc. just in case. I'll also bring cash (less than 10k).
2) Set up bank account in Vancouver using my USA Passport, Drivers License, and American address.
3) Pick up cheap, short-lease apt from Craigslist. Get Internet service/land line up and running, request bill in advance (proof of residency).
4) Create MoneyBookers account using new Canadian address and Bank Account.
5) Use new Address/Account to reopen FTP and UB.
6) Tie MoneyBookers to FTP/UB, begin withdrawing money to MoneyBookers.
7) Withdraw money from MoneyBookers to Bank Account.
8) Transfer money from Bank Account to US BofA acct.
Foolproof?
Andrew
So when I withdraw from FTP to Moneybookers, must I do it in CAD? The MB website seems to indicate that USD is not an option. I hope I am wrong about this, but I only see EUR, GBP, CAD, JPY, SGD, HUF, AED, SAR, QAR, MAD, JOD, TND, OMR, RSD and RON.
I was thinking that we could do FTP>MB>Canadian Bank>US Bank(BoA) all in USD to avoid conversion fees. Is this not true?
If it is possible to go USD the whole way, which Canadian Bank is recommended?
Once I get my Moneybookers account successfully updated to my new Canadian address (which I just did), should I wait until I tie my MB account to a Canadian bank before attempting a withdrawal from FTP, or can I request the withdrawal now and tie the bank account on after that (since FTP withdrawals take a long time anyway)?
My current Canadian bank does not do USD accounts. That's why I am asking, since I will need to open another bank account.
Thanks!