New Canadian $100 bill

[roorsoldja 325]

Any canadians have trouble exchanging the new bill ?

[MiKKo_EiKKi 0]

I'm not taking the chance. I'm actually going to bring USD, no problems there.

[steamer 158]

well,they better get used to it as the new 50's are due out in March.

 

I'm sure they see new bills from all different countries on a regular basis.

[jimmac 66]

I'm not taking the chance. I'm actually going to bring USD, no problems there.

 

You must like giving away money, paying commission on two exchanges when only one is necessary.

[Grandpollo 366]

You must like giving away money, paying commission on two exchanges when only one is necessary.

 

I bring US as well and just withdraw it from my US bank account as others may do.

 

There is no commission to buy US anyway.

Edited February 4, 2012 by ricktoronto

[steamer 158]

I bring US as well and just withdraw it from my US bank account as others may do.

 

There is no commission to buy US anyway.

 

unless you get paid in US$ you will be paying a commission @ your bank (2 1/2 % maybe) to buy US$.

 

 

I buy US$ to go to the Phills because the exchange rates work in my favour (in other words they screw us canucks) but I don't for the LoS.

Edited February 5, 2012 by steamer

[Grandpollo 366]

The buy/sell spread is not a commission.

 

A commission is a set % for the transaction such as 1% for cashing a traveller's cheque.

[jimmac 66]

Spread or commission, an unnecessary payment is an unnecessary payment. You lose on either and both. Change currencies twice and you lose twice. Not something I would do if once is sufficient.

[jacko 8,814]

The buy/sell spread is not a commission.

 

A commission is a set % for the transaction such as 1% for cashing a traveller's cheque.

A rose by any other name.........etc

The differential between a buy and sell price is how profit is made......

Expanding that differential and claiming 'commission free' is the semantics we are subjected to.

Others claim to offer commission-free trades, but the cost is usually factored into the spread. My bank does it when I use my UK ATM card in LOS.

[lespaul5000 15]

back on topic

 

one exchange place i went to didn't take them, but all the subsequent places i went to, i had no problem.

[maipenrai 473]

Thanks, lespaul, we finally get a straight answer on this.

[roorsoldja 325]

back on topic

 

one exchange place i went to didn't take them, but all the subsequent places i went to, i had no problem.

 

Thank you - I tend to bring the vast majority of my money in cash to thailand don't like getting docked with atm's

[kgk 2]

I just got back from Pattaya and I had no trouble exchanging new Canadian $100 at several locations on Soi Buakhao.