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They did the same par exchange on Canada day. It's an online only bank and the money is insured by DICO.
Q: Is this bank legit? I never heard of them before.
A: ZenBanx was started by innovators including Arkadi Kuhlmann - the same guy who bought ING Direct (Tangerine) to Canada. ZenBanx is a subsidy of DUCA - DUCA Financial Services Credit Union Ltd.
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