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Canadian Dollar to Sterling...exchange

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Canadian Dollar to Sterling...exchange

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Old Apr 8th 2011 | 12:34 pm
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Default Canadian Dollar to Sterling...exchange

Has anyone exchanged $ for Pounds recently???
I'm thinking with the dollar being fairly strong, it's best to exchange in UK.
 
Old Apr 8th 2011 | 1:29 pm
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Default Re: Canadian Dollar to Sterling...exchange

Sign up with Canadian forex you get a fantaastic deal far better than you would in the uk
 
Old Apr 8th 2011 | 1:38 pm
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Default Re: Canadian Dollar to Sterling...exchange

Originally Posted by garvs11
Sign up with Canadian forex you get a fantaastic deal far better than you would in the uk
Should have said it's just a small amount, just spends for visiting
 
Old Apr 8th 2011 | 2:19 pm
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Default Re: Canadian Dollar to Sterling...exchange

Originally Posted by budcolin
Should have said it's just a small amount, just spends for visiting
Then why start a thread about it?
 
Old Apr 8th 2011 | 11:08 pm
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Default Re: Canadian Dollar to Sterling...exchange

Originally Posted by Novocastrian
Then why start a thread about it?
Emm, because i want to exchange Dollars for Pounds, and was looking for advice....as is the point of this forum
 
Old Apr 9th 2011 | 12:08 am
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Default Re: Canadian Dollar to Sterling...exchange

Originally Posted by budcolin
Emm, because i want to exchange Dollars for Pounds, and was looking for advice....as is the point of this forum
 
Old Apr 9th 2011 | 12:41 am
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Default Re: Canadian Dollar to Sterling...exchange

time is money
 
Old Apr 9th 2011 | 1:04 am
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Default Re: Canadian Dollar to Sterling...exchange

Originally Posted by Novocastrian
Then why start a thread about it?
Ironic really.

From some one who started the most boring thread of 2011.
 
Old Apr 9th 2011 | 9:08 am
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Default Re: Canadian Dollar to Sterling...exchange

Originally Posted by magnumpi
Ironic really.

From some one who started the most boring thread of 2011.
Err, I don't think so.
 
Old Apr 9th 2011 | 9:14 am
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Default Re: Canadian Dollar to Sterling...exchange

Originally Posted by budcolin
Emm, because i want to exchange Dollars for Pounds, and was looking for advice....as is the point of this forum
I didn't mean to be rude, but there are dozens of similar threads already, most of which are started by people moving their life savings in one direction or the other. All sorts of advice is already available and there's no doubt that saving a tiny percentage of a huge sum is worth investigating.

However if we're talking about pocket change for a holiday? Not so much.
 
Old Apr 9th 2011 | 9:37 am
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Default Re: Canadian Dollar to Sterling...exchange

Originally Posted by Novocastrian
I didn't mean to be rude, but there are dozens of similar threads already, most of which are started by people moving their life savings in one direction or the other. All sorts of advice is already available and there's no doubt that saving a tiny percentage of a huge sum is worth investigating.

However if we're talking about pocket change for a holiday? Not so much.
Sorry I bloody asked
Agreed there's loads of threads regarding large money exchanges, but i couldn't find any with regards to my question.
Pocket change for a holiday indeed, but even with a quick calculation the difference can be about 50 Quid which can be a few extra fish suppers and lager shandies.......definitely not to be sniffed at
 
Old Apr 9th 2011 | 9:46 am
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Default Re: Canadian Dollar to Sterling...exchange

Originally Posted by budcolin
Sorry I bloody asked
Agreed there's loads of threads regarding large money exchanges, but i couldn't find any with regards to my question.
Pocket change for a holiday indeed, but even with a quick calculation the difference can be about 50 Quid which can be a few extra fish suppers and lager shandies.......definitely not to be sniffed at
Well of course when you put it like that.

My advice would be to simply charge everything you can while in the UK to your Canadian credit card. No doubt you'll need some cash too, so simply withdraw it from bank machines in the UK. In both instances you'll receive perfectly reasonable exchange rates, but here's the trick: don't take out a lot of small amounts since there's often a flat $5 fee per cash withdrawal transaction. So take out larger amounts less frequently.

I would add that the relative strength of the $ and the pound is completely beside the point.
 
Old Apr 9th 2011 | 11:56 pm
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Default Re: Canadian Dollar to Sterling...exchange

Originally Posted by Novocastrian
Well of course when you put it like that.

My advice would be to simply charge everything you can while in the UK to your Canadian credit card. No doubt you'll need some cash too, so simply withdraw it from bank machines in the UK. In both instances you'll receive perfectly reasonable exchange rates, but here's the trick: don't take out a lot of small amounts since there's often a flat $5 fee per cash withdrawal transaction. So take out larger amounts less frequently.

I would add that the relative strength of the $ and the pound is completely beside the point.
Thanks for that, that's probably what we'll do.
 
Old Apr 10th 2011 | 3:24 am
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Default Re: Canadian Dollar to Sterling...exchange

Also tell your bank before you go because my RBC can change your acct temporarily to avoid these expensive ATM charges. It cost me tons in ATM charges when I went to the US, which I could of avoided by calling them & paying a few dollars up front.

Last edited by sabsah; Apr 10th 2011 at 3:28 am.
 
Old Apr 10th 2011 | 4:44 am
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Default Re: Canadian Dollar to Sterling...exchange

Originally Posted by sabsah
Also tell your bank before you go because my RBC can change your acct temporarily to avoid these expensive ATM charges. It cost me tons in ATM charges when I went to the US, which I could of avoided by calling them & paying a few dollars up front.
That's good advice too. I also tell my bank (TD) to increase my daily max cash withdrawal to the highest allowed level before going away for extended periods.
 


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