<p>I use Bank of America because I can withdraw money from my Scotiabank account without paying service fees. Plus they have a lot of ATMs nationwide.</p>
<p>So when I need to transfer a lot of money into the U.S., I go to the U.S., take out the US $$$ from my Scotiabank Canadian dollar account using a Bank of America ATM, and then deposit the money into my Bank of America account. Likewise if I wanted to transfer money back into Canada I’d walk up to a Scotiabank ATM in Canada and put in my Bank of America ATM card and withdraw Canadian dollars.</p>
<p>Much cheaper and faster than doing a wire transfer.</p>