American Dollars
Do Canadian grocery stores, gas stations, etc. accept american dollars? If so, do they charge a fee or are they happy to get the US dollars that are worth more? My US credit card will bill me at the...
Forum Discussion
It is just like Orion said:
Here is a real live example of how banks work. In 2006 at Home Depot in Yuma we made a purchase of US $1642.42 in the AM and returned the defective goods in the PM, both on Master Card.
The resulting M/C statement showed a purchase of CDN $1903.68 (rate 1.159070) and a credit of CDN $1802.97 (rate 1.097753) on the same date.
So, the bank charged about 3.07 percent on each transaction but NO FEEs. :B
And yes I eventually received a refund but not without a few "up the ladder" phone calls.
Here is a real live example of how banks work. In 2006 at Home Depot in Yuma we made a purchase of US $1642.42 in the AM and returned the defective goods in the PM, both on Master Card.
The resulting M/C statement showed a purchase of CDN $1903.68 (rate 1.159070) and a credit of CDN $1802.97 (rate 1.097753) on the same date.
So, the bank charged about 3.07 percent on each transaction but NO FEEs. :B
And yes I eventually received a refund but not without a few "up the ladder" phone calls.
