Currency exchange
Jan 19th 2011, 2:34 pm
#1
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Thread Starter
Joined: Apr 2009
Location: warrington cheshire
Posts: 11
Currency exchange
Hi
Does anyone new to Canada know (from personal experience) the best way to exchange a large sum of money from Pounds Sterling to Canadian Dollar for a mortgage downpayment? I want to get the best exchange rates!
Does anyone new to Canada know (from personal experience) the best way to exchange a large sum of money from Pounds Sterling to Canadian Dollar for a mortgage downpayment? I want to get the best exchange rates!
Jan 19th 2011, 2:42 pm
#2
Occasionally on....
Joined: Jul 2010
Location: From Calgary, Was in Leeds on WHV, Back in Calgary now.
Posts: 21
Re: Currency exchange
Bank draft. Might take a while to clear. Mine from dollars to pounds took 2 weeks. it was £7500. They gave me pretty much the exact exchange rate that can be found on XE.com Do you have a Canadian bank account?
Jan 19th 2011, 2:52 pm
#3
Just Joined
Thread Starter
Joined: Apr 2009
Location: warrington cheshire
Posts: 11
Re: Currency exchange
Hi
So to get a bank draft do we just contact our Uk bank where the money is being held and ask them to send it to us by post? Surely they will just use their exchange rate though? We do have a Canadian bank account.
So to get a bank draft do we just contact our Uk bank where the money is being held and ask them to send it to us by post? Surely they will just use their exchange rate though? We do have a Canadian bank account.
