yeah i wouldn't go to bank if you had the cash , those exchange places gives you better rates not like "money mart or money tree " places but look for those tourists foreign exchange currency stores , instead of getting 1.246 you can get about 1.252 , bit more
Originally posted by raulph 1.26129? What the fuck????????? As a Canadian I should be happy, but not when 99% of my money is in US Dollars. Is it going to keep going down?
watch the US dollar tank....
85cents by next summer economists are predicting......if bush stays in im sure it will get there quite easily aswell
Originally posted by webgurl yeah i wouldn't go to bank if you had the cash , those exchange places gives you better rates not like "money mart or money tree " places but look for those tourists foreign exchange currency stores , instead of getting 1.246 you can get about 1.252 , bit more
beware some of places display high rates then charge you a fee which negates the deal you are getting
I find the best consistent rates are @ TD Canada trust, open a "borderless account"
Originally posted by doober watch the US dollar tank....
85cents by next summer economists are predicting......if bush stays in im sure it will get there quite easily aswell
Originally posted by JFK beware some of places display high rates then charge you a fee which negates the deal you are getting
I find the best consistent rates are @ TD Canada trust, open a "borderless account"
Td canada trust is the freindly neighborhood bank of canada. Toronto atleast. They are everywhere and they are the most sane. CHARTER ONE BANK SUCKS Just for the record, they are charging me $35 every 4 days for an overdraft they created. They allow overdrafts to come into the account and then charge me fees and they won't let me take overdraft protection off
I use Custom House. They guarantee they'll beat all 5 national banks on your exchange rates. Last time I exchanged $40k into Canadian, I did the math with Royal Bank and Custom House and I ended up saving nearly $200 US. Great company to deal with and they have offices in all major cities in Canada.
Originally posted by WiredGuy I use Custom House. They guarantee they'll beat all 5 national banks on your exchange rates. Last time I exchanged $40k into Canadian, I did the math with Royal Bank and Custom House and I ended up saving nearly $200 US. Great company to deal with and they have offices in all major cities in Canada.
WG
that's who i used to use, before i started getting wires.
Originally posted by raulph 1.26129? What the fuck????????? As a Canadian I should be happy, but not when 99% of my money is in US Dollars. Is it going to keep going down?
anybody try this yet? It seems about 1-15% better than CIBC.
I think you have to sign up and be approved and stuff, like fax them over your id, etc. At least it was like that when they first introduced the program
For me, driving to one of those exchange places would actually cost me more in gas than i would get back from that 1% difference. If you're planning on exchanging large, like 5k+ banks will generally give you a slightly higher rate than their posted rates..Even at 5k you're only getting an extra $50 which isnt a whole lot.
I use both the TD Waterhouse account with the TD Canada Trust borderless acount and find that having the 2 works best. The TD Waterhouse account allows me to have US funds available on a debit card for when I'm in the states or making purchases online and need the funds to be US without converting and use TD Canada Trust for the rest making the conversion to canadian when needed. And you can have the funds transfered same day between the 2 accounts (Waterhouse and CT) with a phone call.
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