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budd
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I`m interested in a transaction anyone`s done purchasing Canadian funds in an ATM in Canada. I`m specifically interested in the amount purchased and the cost in US $$. I`m searching for the best place to buy CAD $$$.

Posts: 14 | From: Auburn, NY USA | Registered: Aug 2000  |  IP: Logged | Report this post to a Moderator
Jim
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I did it about three years ago and there were no fees at all - I just got a straight exchange rate! There weren't any pesky ATM fees like we have here! It was great! But - I don't know if the rules have changed in the past three years.
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enrailway
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I'm from Victoria, BC and I did the opposite of that when I went to California two weeks ago, the ATM's automatically calculate the exchange rate.


About the ATM fees, Canadian Banks have used them for a while now. It's about 50 cents CDN per withdrawl. Depending which bank of course.


Posts: 26 | From: Sooke, BC, Canada | Registered: Jan 2001  |  IP: Logged | Report this post to a Moderator
enrailway
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I'm from Victoria, BC and I did the opposite of that when I went to California two weeks ago, the ATM's automatically calculate the exchange rate.


About the ATM fees, Canadian Banks have used them for a while now . It's about 50 cents CDN per withdrawl. Depending which bank of course.


Posts: 26 | From: Sooke, BC, Canada | Registered: Jan 2001  |  IP: Logged | Report this post to a Moderator
Daniel Chazin
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Whether or not you are charged any fee, and the amount of the fee, depends on your particular bank. On my recent trip to Canada, I withdrew funds from an ATM and got an exchange rate of about 68 US cents to a Canadian dollar. I think that using ATMs to get foreign currency is generally the cheapest and most convenient method.
Posts: 3 | From: Teaneck, NJ | Registered: Dec 2000  |  IP: Logged | Report this post to a Moderator
reggierail
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That's the best way to go. Cheaper by far than any other method. No exchange fees & possibly just 50cents or a dollar bank fee.
Posts: 462 | From: Bakersfield Ca., 93312 | Registered: Jul 2000  |  IP: Logged | Report this post to a Moderator
Pete
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To convert unused Cdn bills back to US, check out a Cdn department store or casino, they often give you a better exchange rate than a Cdn bank will. And keep all your receipts so you can claim back the GST tax (7%) at Canada customs when you leave.
Posts: 13 | From: calgary | Registered: Mar 2001  |  IP: Logged | Report this post to a Moderator
CVFAN
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50 cents or even a dollar Canadian is pretty minimal for a fee. Last time I was in Montreal this past fall I recieved about 1.40 canadian for each american dollar!
Posts: 32 | From: Florence,MA.USA | Registered: Mar 2001  |  IP: Logged | Report this post to a Moderator
   

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