General Question

bolwerk's avatar

What's a good place in the USA to trade foreign currency at the face exchange rate?

Asked by bolwerk (10352points) March 15th, 2011

I have a lot of Canadian money lying around that I’d like to get rid of.

Observing members: 0 Composing members: 0

10 Answers

Austinlad's avatar

You’ll probably do best at your own bank if they do exchanges.

WestRiverrat's avatar

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
bolwerk's avatar

Hmm, my bank sucks about that sort of stuff. That’s why I’m asking.

Tropical_Willie's avatar

All exchanges I have taken foreign money to will charge a percentage for processing.
Are you trying to avoid paying this?

WestRiverrat's avatar

Maybe see if a competing bank will give you a better deal if you move your account to them.

bolwerk's avatar

@Tropical_Willie: or at least greatly minimize it.

coffeenut's avatar

With the current trend of of the Canadian Dollar you may want to keep it…for a little wile… see how high it gets

bolwerk's avatar

It’s like $50. Enough to be worth it to exchange, but not enough for investment.

Response moderated (Spam)

Answer this question

Login

or

Join

to answer.

This question is in the General Section. Responses must be helpful and on-topic.

Your answer will be saved while you login or join.

Have a question? Ask Fluther!

What do you know more about?
or
Knowledge Networking @ Fluther