Currency exchange at Shopper's Drug Mart

[NoseToTheGrind]

Right at this moment the legal exchange rate is $.94 which is equal to 20.00 U.S. = $21.24 CAD. Now we just took a $20 U.S. bill to shoppers, and they only would give us $19.40 CAD....just another way to rip people off I guess...way to go...what else can they come up with...I'm sure we will all find out soon enough. I did call them, and was given the same old spiel all companies give..." The rate is set by corporate office and we can't change it until they tell us too"...bologna.

[oasis]

Remember when they take that to the bank, they get charged to cash it. Were I work, right now we are not even allowed to take US currency. By the time we take it to the bank, we don't get a dollar for a dollar. We loose 4 cents on every US dollar we take in.

If you need to cash US, the bank is the only place you will get a decent exchange. Even then you get charged an exchange fee. It's a percentage of what you are cashing. With a business, the percentage is higher.