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-   -   Canadian webmasters...whats a good place to exchange currency (https://gfy.com/showthread.php?t=367311)

flashfire 10-05-2004 04:03 PM

Canadian webmasters...whats a good place to exchange currency
 
With the exchange rates so low and the banks exchange even lower does anyone know of a good place to do USD-CND exchange?

Thanx

flashfire 10-05-2004 04:09 PM

bump...just incase you missed it

Nicky 10-05-2004 04:16 PM

Forex ?

quiet 10-05-2004 04:18 PM

i just use my bank *shrug*

webgurl 10-05-2004 04:19 PM

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 :2 cents:

flashfire 10-05-2004 04:19 PM

I found one place called custom house...I will look at forex...the bank is a huge rip-off as usual

mkx 10-05-2004 04:21 PM

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?

doober 10-05-2004 04:24 PM

Quote:

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

:2 cents:

flashfire 10-05-2004 04:28 PM

On a side note Vote Kerry:thumbsup

JFK 10-05-2004 04:29 PM

Quote:

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 :2 cents:
beware some of places display high rates then charge you a fee which negates the deal you are getting :2 cents:

I find the best consistent rates are @ TD Canada trust, open a "borderless account" :thumbsup

quiet 10-05-2004 04:29 PM

Quote:

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

:2 cents:

yep, just keeps going down.

mkx 10-05-2004 06:31 PM

Quote:

Originally posted by JFK
beware some of places display high rates then charge you a fee which negates the deal you are getting :2 cents:

I find the best consistent rates are @ TD Canada trust, open a "borderless account" :thumbsup

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 :(

bogo 10-05-2004 06:37 PM

Royal Bank

Converting 1000.00 U.S. Dollars to Canadian Dollars will yield 1244.00 Canadian Dollars.
(Derived rate = 1.2440)


http://www.rbcroyalbank.com/cgi-bin/travel/fxconvert.pl

:(

Steen2 10-05-2004 06:38 PM

XE Trade?

wyldblyss 10-05-2004 06:47 PM

I usually just go to the bank. You could try the tourist exchange centers though, if memory serves me correctly the rate is a little bit better there.

WiredGuy 10-05-2004 07:11 PM

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

psyko514 10-05-2004 07:26 PM

Quote:

Originally posted by JFK
beware some of places display high rates then charge you a fee which negates the deal you are getting :2 cents:

I find the best consistent rates are @ TD Canada trust, open a "borderless account" :thumbsup

A borderless account is a good option. At TD right now, if you're selling, you'll get 1.2375 with a regular account, 1.2441 with a borderless.

webgurl 10-05-2004 07:34 PM

Quote:

Originally posted by JFK


I find the best consistent rates are @ TD Canada trust, open a "borderless account" :thumbsup

Thats the Account I have as well its the best US Account . :warning

quiet 10-05-2004 07:37 PM

Quote:

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.

psyko514 10-05-2004 07:39 PM

Quote:

Originally posted by webgurl
Thats the Account I have as well its the best US Account . :warning
http://www.tdcanadatrust.com/usbanking/checking.jsp

that one is better.

Phoenix 10-05-2004 07:40 PM

you can sometimes get a good rate from strip clubs:2 cents:

WiredGuy 10-05-2004 07:54 PM

Quote:

Originally posted by quiet
that's who i used to use, before i started getting wires.
Your wires come in CDN $ from iBill?
WG

FlyingIguana 10-05-2004 08:04 PM

Quote:

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?
a squirrel told me it could drop to 1.15

Arm123 10-05-2004 08:11 PM

I remember when i could take out $1000 USD get $1600 CND pay off my monthly bills and have spending money for the week.

Sadly, i am making more money now... which equals less money when you think about it... :(

God hates me... and it looks like the US is in big trouble with all the BS happening at home and over seas.

Its only gonna get worse. I wish they would just nuke everyone and get it over with. Ether that, or i have to move to Mexico.

I dont think id fit in there. :helpme

psyko514 10-05-2004 08:14 PM

Quote:

Originally posted by Arm123
I remember when i could take out $1000 USD get $1600 CND pay off my monthly bills and have spending money for the week.
Yeah, I remember that too. I was so happy :)

daveylapoo 10-05-2004 08:26 PM

http://www.xe.com/ucc/

anybody try this yet? It seems about 1-15% better than CIBC.

flashfire 10-06-2004 01:15 AM

Quote:

Originally posted by daveylapoo
http://www.xe.com/ucc/

anybody try this yet? It seems about 1-15% better than CIBC.

cool, thanx

mkx 10-06-2004 01:36 AM

Quote:

Originally posted by daveylapoo
http://www.xe.com/ucc/

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

mkx 10-06-2004 01:38 AM

Quote:

Originally posted by Arm123
I remember when i could take out $1000 USD get $1600 CND pay off my monthly bills and have spending money for the week.

Sadly, i am making more money now... which equals less money when you think about it... :(

God hates me... and it looks like the US is in big trouble with all the BS happening at home and over seas.

Its only gonna get worse. I wish they would just nuke everyone and get it over with. Ether that, or i have to move to Mexico.

I dont think id fit in there. :helpme

Mmmmmm 1.6, those were the days. Do you have ICQ? Add me 690981

notjoe 10-06-2004 03:56 AM

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.

Mrs F.U.B.A.R. 10-06-2004 05:23 AM

Quote:

Originally posted by psyko514
http://www.tdcanadatrust.com/usbanking/checking.jsp

that one is better.

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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