How can I get the cheapest exchange rates?

If you’re on a mission to save money, here are the cheapest ways to purchase foreign currency.

  1. Stop by Your Local Bank. Many banks and credit unions offer a foreign currency exchange service for a fee.
  2. Visit an ATM.
  3. Consider Getting Traveler’s Checks.
  4. Buy Currency at Your Foreign Bank Branch.
  5. Order Currency Online.

Where is the best place to exchange money Canada?

The best banks for currency trade are the Royal Bank of Canada, Toronto Dominion Bank, Scotia Bank and Bank of Montreal. These banks have franchises all throughout Canada.

Is the post office a good place to exchange money?

Post Office won Gold at the 2020 British Travel Awards for Best Foreign Exchange / Travel Money Retailer.

Can I exchange dollars at the post office?

How to use our currency buyback. Use our branch finder and select “foreign currency” under ‘products and services’ to find your nearest branch. Just head over with your money and we’ll buy it back. Over 2,500 branches won’t need to see your purchase receipt, but smaller ones will.

Which Canadian bank has the best exchange rate?

CIBC has branches all over Winnipeg and Canada, and they provide an exchange service in every branch.

  • ScotiaBank is a popular bank in Canada that also sponsors the arena where the Toronto Raptors play.
  • KnightsBridgeFX offers the best exchange rates for foreign currencies, and they do better than the banks.
  • Which Canadian bank offers the best exchange rate?

    Does TD Bank charge for currency exchange?

    We are not responsible for any reliance that you might place on, or use you might make of, the rates provided on this page or the TD Foreign Exchange Calculator. Transaction Fee: $7.50 USD per online transaction.

    Are Post Office exchange rates better online?

    For many people the Post Office will be the right choice of currency provider. If you are new to buying currency online they are a nice safe choice. If you don’t want to wait in for a special delivery then you have a good range of branches all over the country to choose from. The downside is the rates.