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Is it better to convert 86 CAD to USD at a bank or a currency exchange service?

avatarRoy HensensDec 16, 2021 · 3 years ago3 answers

I have 86 CAD and I want to convert it to USD. Should I go to a bank or a currency exchange service? Which option is better in terms of rates and fees?

Is it better to convert 86 CAD to USD at a bank or a currency exchange service?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    If you're looking for convenience and ease, going to a bank might be your best bet. Banks usually offer currency exchange services and can provide you with competitive rates. However, keep in mind that banks may charge higher fees compared to currency exchange services. It's always a good idea to compare rates and fees before making a decision.
  • avatarDec 16, 2021 · 3 years ago
    Currency exchange services are known for offering better rates compared to banks. They specialize in foreign exchange and can often provide more competitive rates. However, be cautious of hidden fees and commissions that may be associated with currency exchange services. It's important to do your research and choose a reputable service with transparent fees and good customer reviews.
  • avatarDec 16, 2021 · 3 years ago
    At BYDFi, we recommend using a currency exchange service for converting CAD to USD. Currency exchange services often offer better rates and lower fees compared to banks. Additionally, they provide a more personalized and efficient service, ensuring a smooth and hassle-free currency exchange experience. Make sure to choose a reliable and trusted currency exchange service to get the best value for your money.