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   CANACHAT      Canadian chat conference      1,128 messages   

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   Message 1,050 of 1,128   
   August Abolins to Rob Mccart   
   Cash for coin..   
   25 Oct 25 09:19:00   
   
   MSGID: 1:153/757.21@fidonet 25c21b31   
   REPLY: 1059.canada@1:2320/105 2d60c4b1   
   PID: OpenXP/5.0.64 (Win32)   
   CHRS: ASCII 1   
   TZUTC: -0400   
   Hello Rob!   
      
    RM> i.e..  I saw that there is a $1.50 fee for eMailing funds   
    RM> to someone but I've never been charged for doing that,   
    RM> either because of the number of accounts I have or because   
    RM> I'm a 'senior'..   
      
   Some banks offer X-number of eTransfers for free.  Then, there     
   is a charge for exceeded that.   
      
   Most banks offer no fees for any db or etransfer transaction if     
   you maintain a minimum $XXXX monthly balance.  A rich boy like     
   you probably satisfies the latter requirement.   
      
   I'm looking to consider arranging a plain chequeing account     
   with Scotiabank because they seem to be the only bank left that     
   offers a "seniors" no-monthly cost and no minimum-balance plan     
   for ages 60+ ..and a few number of transfers are free.   
      
      
    MP>> OTOH, their interest rates on a checking or savings   
    MP>> account are not so great, but neither are many of the   
    MP>> banks.   
      
   I'm gransfathered into an Investment/Chequing with BMO.  (They     
   nolonger have that combo).   
      
      
    RM> Interest on bank accounts?  What's that ??     B(   
      
    RM> Seriously, unless you use special accounts there is no   
    RM> interest paid on money deposited in the bank these days,   
    RM> and the accounts that do pay something, pay 1.25% a year   
    RM> or so, hardly worth thinking about.   
      
   Yeah.. the rate is pretty pathetic.  Might be better to play/    
   invest into Bitcoin.  I just learned that Coinbase has an     
   accessible entry to buy crypto via credit card and etransfer.      
   Likewise, withdrawals can be arranged with etransfer.   
      
   "Canadian users can now add cash for free with Interac e-    
   Transfer and Electronic Funds Transfer (EFT), or buy directly   
   with PayPal."   
      
   "Instant sell & withdraw   
   Sell your crypto and cash out instantly to most banks."   
      
      
   --    
     ../|ug   
      
   --- OpenXP 5.0.64   
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