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OT:many apologies, please help with currency question

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I apologise deeply everywhere else I look no one ever replies and I cannot locate the answers on search. i must be missing something. WHere/or should I exchange USD on a Sunday? Should I exchange all money into CAD? WHat about travellers checks? Will my bank debit Visa function in Canada? Is the appropriate exchange rate taken out or if the bill says $25 CAD will the proper USD amount be deducted or $25USD? Sorry again.

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    Caitlin McGrath

    The best place to get $CAD on a Sunday is at an ATM. The big ATM networks (Plus/Cirrus) are represented. You should have no trouble using a debit Visa; your bank will do the currency conversion and charge you in $US. Call your bank and ask what fees it charges for using your debit card in Canada (conversion fee) and withdrawing from Canadian ATMs (transaction fee), so you know what to expect.

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    1. re: Caitlin McGrath

      I agree! The best development in international travel in the last 20 years is the ability to "convert" to foreign currencies using an ATM card. You normally get far better exchange rates, even after the fees. If you withdraw CDN$25, your bank will only charge you the U.S. equivalent, Star...probably about US$16, plus any fees.

      1. re: Kirk

        Unless you need cash, use your credit card. If you have a credit card from a large international bank e.g., citibank, they do millions of $/day in foreign currency trades/swaps and thus you will receive the best rate. There also are generally no FX fees as there are with bank cards. If you are going to exchange currency, I would do it on St Catherine where there is the most competition. Hope you have a good trip!

        O`Malley

        1. re: Kirk

          Unless you need cash, use your credit card. If you have a credit card from a large international bank e.g., citibank, they do millions of $/day in foreign currency trades/swaps and thus you will receive the best rate. There also are generally no FX fees as there are with bank cards. If you are going to exchange currency, I would do it on St Catherine where there is the most competition. Hope you have a good trip!

          O`Malley