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Q: I want to convert USA to CDN. I usually convert USA / CDN dollars or vice versa using stocks trading on both platforms. Is this same as using Norbert Gambit method.

Which option would you recommend that is more benefits

What are your thoughts on USA dollars.

Thanks for the great service
Asked by Hector on December 12, 2024
5i Research Answer:

We do not have the specifics but it sounds the same as Norbert's, which consists of buying a security in one currency, transferring it over to another account and selling in another currency.