What's a good place in the USA to trade foreign currency at the face exchange rate?
Asked by
bolwerk (
10352)
March 15th, 2011
I have a lot of Canadian money lying around that I’d like to get rid of.
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10 Answers
You’ll probably do best at your own bank if they do exchanges.
No matter where you exchange them you will have to pay a fee. Your bank is the most apt to give you the best deal.
Or you could just plan a weekend in Canada and not have to exchange any cash.
Response moderated
Hmm, my bank sucks about that sort of stuff. That’s why I’m asking.
All exchanges I have taken foreign money to will charge a percentage for processing.
Are you trying to avoid paying this?
Maybe see if a competing bank will give you a better deal if you move your account to them.
With the current trend of of the Canadian Dollar you may want to keep it…for a little wile… see how high it gets
It’s like $50. Enough to be worth it to exchange, but not enough for investment.
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