Paper currency refused
Two different places refused to accept my $20 CAD notes, 1991 issue, so they're paper and not plastic. Couldn't find anything official on government websites about paper losing legal tender status....
Forum Discussion
daveB110 wrote:
Years ago before credit cards were common yet, Canadian money was not accepted in USA, with possible exceptions, like when a place like Reno, Nevada would take Canadian cash. But just across the boundary in Washington State? No way, even though resort towns in Canada always loved your Green backs.
I think you’re forgetting one big fundamental difference though, the banking system itself.
It’s a little different today, but back in the day there was basically 5 banks in Canada and foreign currency exchange was pretty easy, even in very small towns.
In the US there was a myriad of independently owned and operated banks and they had no real interest in foreign currency, that made it very difficult and expensive to exchange Canadian money.
