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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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#1 |
Registered User
Join Date: Oct 2002
Location: Toronto
Posts: 79
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canadian webmaster, where do you exchange your us fund?
just came back from CIBC and they gave me crappy 1.29. Just want to know where can I find the best excharate rate?
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#2 | |
Confirmed User
Join Date: Jul 2003
Posts: 278
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Quote:
They are all ass rapists and the exchange rate is virtually the same among all members of the Canadian banking cartel. Basically take the current Bank of Canada rate and -2.000 and round down to 2 decimal places. Great day you picked for exchanging.. I think the noon exchange rate was lowest in 6-7 years and lowest so far this year. |
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#3 |
Confirmed User
Industry Role:
Join Date: Feb 2003
Location: JustPorno
Posts: 2,384
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The exchange rate is pretty low now.
Here is the bank of canada link http://www.bankofcanada.ca/en/exchange.htm# I'd imagine that the big banks have similar exchange rates. You can open a USD account and convert your money online if you watch the rates to get the best %. ![]()
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#4 |
Guest
Posts: n/a
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Make sure you set up a US account if you haven't already.
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#5 |
Orgasms N Such!
Industry Role:
Join Date: Sep 2002
Location: Oakville, Ontario
Posts: 18,135
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If you're smart, you'll sock it in a US account and keep it there until the exchange rate gets better.. We already get assraped on exchange, but it's even worse with the exchange where it's at.. Only convert what you have to, sit on the rest.. Think of it as an investment.
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#6 | |
Too lazy to set a custom title
Industry Role:
Join Date: Oct 2002
Location: Montreal, Quebec
Posts: 29,678
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Quote:
I do not think that our currency ( Canadian) will go back down to those levels. In fact, I think it is going to get worst, because it is not our currency that is strong , but the US$ that is getting weaker. I changed a lot of my members site to Euros... No loss in exchange there.
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#7 | |
Registered User
Join Date: Oct 2002
Location: Toronto
Posts: 79
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Quote:
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#8 |
Confirmed User
Industry Role:
Join Date: Apr 2003
Location: Quebec Calisse
Posts: 4,716
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ive got 1.32 monday, but the fact is that will be worse in the future, we will have to found a solution in euro
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#9 | |
aspiring banker
Join Date: Mar 2002
Location: toronto
Posts: 10,870
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Quote:
best case scenerio for the next 3-6 months is 1.35 don't fucking hold USD at this point, a lot more risk of it dropping further than going up. |
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#10 |
Confirmed User
Join Date: Jun 2003
Location: Gooch city
Posts: 9,527
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keep it at the bank.
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Someone finds you... 2007 PS: Nationalnet is the best host I've ever had. And i tried alot of them. |
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#11 | |
Confirmed User
Join Date: Feb 2003
Location: Dreamland
Posts: 1,685
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Quote:
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#12 |
Confirmed User
Join Date: Oct 2003
Location: Montreal, Canada
Posts: 215
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USD account...only way to go
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James Acker PaySystems Corporation 1-866-699-9021 x2109 [email protected] icq: 60019103 |
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#13 |
Confirmed User
Join Date: Mar 2001
Location: Toronto
Posts: 1,782
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The bank of Canada won't let it slide much further. If it does our manufacturing industry will go into a reccesion.
Companies that do alot of exports are losing millions as it is now. |
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#14 | |
Registered User
Join Date: Oct 2002
Location: Toronto
Posts: 79
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#15 | |
Confirmed User
Join Date: Jul 2003
Location: in yoOoo kitchen
Posts: 6,984
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#16 | |
Confirmed User
Industry Role:
Join Date: Feb 2003
Location: JustPorno
Posts: 2,384
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Quote:
The CDN rate is much higher than the US right now and that hasn't been helping exchange rates.
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#17 |
Too lazy to set a custom title
Join Date: Jun 2003
Location: Ottawa
Posts: 19,631
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i got 1.29 today too at TD. fucking blows, suppose i should of waiting till tuesday maybe. i can't afford to hang onto it in a US account right now so oh well. just gotta hope that the US economy gets better i guess. don't see any other way out of it.
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you don't know you're wearing a leash if you sit by the peg all day.. |
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#18 | |
Confirmed User
Join Date: Apr 2002
Posts: 610
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Quote:
My Canadian bank account is in USD , but when I tried to transfer a few hundred $$ from my paypal account to the bank , paypal refused to send USD to Canada . They insist on changing the $$ to loonies . Soooo , I have to pay Paypal for changing the USD to Canadian $ , and then pay the bank for changing it back to USD . ![]() ![]() ![]() |
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#19 | |
aspiring banker
Join Date: Mar 2002
Location: toronto
Posts: 10,870
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Quote:
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#20 | |
Too lazy to set a custom title
Industry Role:
Join Date: Oct 2002
Location: Montreal, Quebec
Posts: 29,678
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Quote:
The Euro thing is a special deal I have with business relations in France. Sorry, I can't say more. Little edit: When I did that deal , Euro and US were basically identical. Today, it looks like this: Product : 1 month access (recurring) Duration : 30 day(s) Amount to pay : 19.95 Euros About : 23.53 USD, 14.13 GBP 31.08 CAD, 2556.86 JPY
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I know that Asspimple is stoopid ... As he says, it is a FACT ! But I can't figure out how he can breathe or type , at the same time .... |
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#21 | |
Confirmed User
Industry Role:
Join Date: Apr 2003
Location: Quebec Calisse
Posts: 4,716
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Quote:
the us cash is automaticly transfered in canadian money when you take it a the ATM, or you can use it for spending everywhere they accept mastercard |
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#22 |
Pounding Googlebot
Industry Role:
Join Date: Aug 2002
Location: Canada
Posts: 34,482
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I use Custom House, they guarantee to beat all quoted bank rates from the top 5 banks here in Canada. With a claim like that, I use them for all my foreign exchange needs. I think there is a minimum of $2500 to do exchanges but well worth it.
WG
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