Cash for Canada
Going to PEI next month.......do I need to do a money exchange before leaving U.S. or will I be okay after entering Canada? I will also have credit card......thanks for any advise. Last time I was i...
Forum Discussion
VE3ESN wrote:
US laws must have changed recently. We were in Lewiston, NY (a border town) recently, just about ready to return to Canada, and needed some US money to make a purchase in a place that didn't accept credit cards. So I went to two banks. The conversations were similar in both.
Me: "I'd like to exchange some Canadian money for some US money"
Teller: "Do you have an account here?"
Me: "No"
Teller: "Sorry, I can't do it unless you have an account"
Me: "I'm Canadian. Why would I have an account here?"
Teller: "Sorry. These are the rules."
I should have expanded my comments to say that Americans will be easily able to convert their US cash into Canadian at any Canadian chartered bank, if that's the route they choose. Pity that the reverse isn't true, based on our recent experience at two banks in a New York State border town.
