2007-09-04 14:35:23 · 11 answers · asked by J K 2 in Politics & Government ➔ Law & Ethics
My guess in NO. They should not be forced to take foreign currency. Maybe they don't like to have to deal with the conversion.
2007-09-04 14:39:21 · answer #1 · answered by Cheesetoasto 3 · 0⤊ 0⤋
I doubt it. American businesses refuse to accept Canadian money.
2007-09-04 14:38:44 · answer #2 · answered by rick b 3 · 0⤊ 0⤋
Of course not. The business decides what they want to accept. Why do Americans feel entitled to special treatment in foreign countries? Is it illegal for a US business to refuse to accept Nigerian money?
2007-09-04 14:43:40 · answer #3 · answered by Anonymous · 0⤊ 0⤋
No person or business is "forced" to accept any currency that they do not wish to. However, for large transactions, timing a receipt of funds and an exchange fee can can gain or lose A LOT of money. Be careful with international funds transactions, especially credit card transactions.
Also, international bank wire transfers can take up to 2 weeks to clear. (Canada might be faster than this, but might not).
None of my business, but other than prescription drugs or untaxed cigarettes, or Cuban imported cigars, I can't think of much I would want to buy from Canada to begin with.
Maybe with more details, we can provide a better answer.
2007-09-04 14:48:48 · answer #4 · answered by JD_in_FL 6 · 0⤊ 0⤋
Yes, it is not there main money source. They do not have to accept the American dollar. Just go to a bank and change it to Canadian.
2007-09-04 14:38:46 · answer #5 · answered by aintlifegrand 4 · 0⤊ 0⤋
You're losing a sale, that's worse than calling it illegal.
Just get the daily exchange rate from the computer (it can change in the morning at noon and end of the day) subtract 2-3 cents and you're right on the fair exchange value. But bring it to the bank by the end of the day, you never know what happens the next day.
2007-09-04 14:53:41 · answer #6 · answered by Anonymous · 0⤊ 0⤋
No. The ones that do accept it, do so out of courtesy and to encourage American tourists to shop at their store. If the business is in Canada they have no obligation to take any other countries currency.
2007-09-04 14:39:06 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Nope, Most of them that I dealt with didn't mind, as long as the proper exchange rate took place. But no, they don't have to accept U.S. currency.
2007-09-04 14:38:56 · answer #8 · answered by momsplinter 4 · 0⤊ 0⤋
Hi. Sure. But most will accept it a a reduced rate.
2007-09-04 14:38:47 · answer #9 · answered by Cirric 7 · 0⤊ 0⤋
No. Get your money exchanged at the bank, or a duty free
2007-09-04 14:43:55
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answer #10
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answered by Anonymous
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station, but don't take any $100.00 bills with you, because
of all the "counterfeiting" problems.