2006-06-29 10:52:03 · 13 answers · asked by Tony W 1 in Travel ➔ Canada ➔ Toronto
You will get the best exchange rate if you have a debt card and use an ATM machine in Canada. Another really good way to get a good exchange is to have someone that is Canadian exchange the money at their bank for you.
2006-07-01 18:26:56 · answer #1 · answered by loony 5 · 0⤊ 0⤋
If you have cash you want to exchange, try any major Canadian bank such as TD Canada Trust, Royal Bank, Scotiabank, CIBC or Bank of Montreal. All of these will give a reasonable exchange rate.
If withdrawing money from the ATM, note that you will likely be charged a processing fee (usually $5) from your American bank. In this case, it's best to withdraw a larger amount than make several small withdrawals.
Don't pay with your U.S. cash at stores directly because they will give you the worst exchange rate.
The foreign exchange at the airport usually also has a bad rate and high fees, but it is convenient.
There are also currency exchange bureaus in the major destination cities, usually in the tourist areas. They will post rates so shop around.
2006-06-29 14:38:20 · answer #2 · answered by hollylitespeed 3 · 0⤊ 0⤋
The best way is just to go to a local bank to get the exchange
2006-06-29 10:55:23 · answer #3 · answered by Lidi 2 · 0⤊ 0⤋
Your local bank
The Currency Exchange booth at the airport
When you buy from shops etc. - not recommended
2006-06-29 12:49:42 · answer #4 · answered by moved 5 · 0⤊ 0⤋
If you aren`t already in Canada with your greenbacks, then I offer this suggestion.
Some banks have reciprocal agreements with banks in other countries. In this way, you can use your Bankie Bank of America ATM card to withdraw cash from bank machines at certain banks in Canada. It is one way that you can dodge the normal fees associated with exchanging your currency and carrying large amounts at any one time.
Call your bank or check out it`s website and find out who your bank has reciprocal agreements with.
2006-06-30 06:00:48 · answer #5 · answered by ~dalux~ 3 · 0⤊ 0⤋
American dollar is universal so you can use it anywhere. If u really have to exchange then go to a bank, they usually have the best rates.
2006-06-29 10:56:29 · answer #6 · answered by 8 3 · 0⤊ 0⤋
At a bank in Canada.
2006-06-29 10:55:19 · answer #7 · answered by parshooter 5 · 0⤊ 0⤋
mind-blowing, even besides the undeniable fact that I regularly have some style of photo identity with me, like a passport or drivers license, I easily have by no skill been requested to furnish it at the same time as replacing Euros or Australian funds into our overseas money.
2016-11-15 10:42:36 · answer #8 · answered by ? 4 · 0⤊ 0⤋
there are many currency exchange kiosks in malls
2006-07-02 03:55:02 · answer #9 · answered by bluedanube69 5 · 0⤊ 0⤋
foreign exchange
2006-06-29 10:54:55 · answer #10 · answered by Anonymous · 0⤊ 0⤋