SleightOfHand said:
What is the best way to exchange american dollars into canadian ones?
In order of preference:
1) Get a CDN account - cash or ETF in - ATM or check out (watch fees)
2) Stop at a Canadian Bank preferably not too close to border
3) Your US bank -- if small or not around border areas they may not have large amounts CDN unless you request in advance
WORST PLACES:
ATM in Casino (for ANY $$$ fees alone are murder, exchange is uglier)
Canadian ATM that may or may not take your US card
Exchanges at bridges/airports (theyll say it's the bank be sure you know)
Exchange booths in Tourist areas or big shopping centers
Getting change back from buying with big bills is really bad.
For other costs dinner/hotel use a credit card, but check if any service charge besides the sell/buy difference
PS: I'm 45 mins from canadian banks. If anyone would like to wire me say $10,000USD or so i'd be happy to exchage it and only take 1% over the bank charge. I'll get the CDN right to you, so you don't even need my address.
:grin::grin::grin:
:grin::cool2: