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Thread: Calforex best place for USD --> CAD?

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    Default Calforex best place for USD --> CAD?

    Hi guys,

    Always buy my currency from Calforex for trips and such, usually under $1000 or so, but right now I got $8000 USD that I need to convert back to CAD. Would Calforex be good for that, or will banks do better? Never really converted the other way around and just want to make sure, as it's my parents pension money and I want to make sure they get the best rate.

    Thanks

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    As much as I hate giving Calforex my money, they have the best rates usually even with their fees, I've shopped around quite a bit
    That being said, I haven't converted 8k so I can't comment on whether someone else like ICE would provide better rates

    Banks are usually the worst for forex
    Sig nuked by mod.

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    Banks will not even match calforex rates, even if you get abusive with the staff. Calforex is my standard, although I don't need much cash in the US. Big purchases I use credit cards.
    Quote Originally Posted by killramos View Post
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    You realize you are talking to the guy who made his own furniture out of salad bowls right?

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    Canforex (in Eau Claire mall) is better than Calforex, in my experience.

    That being said, I’m currently accumulating some USD, PM me your number and we can trade at the spot price! Offer goes for any other Beyonders looking to sell USD

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    Is it cash or is it in an account somewhere?

    I use canadianforex.ca (now ca.ofx.com) for my business. Some of the best rates you can get. Takes a bit of effort to setup the account, but you could in theory do a setup that you would "pay" OFX the $8k usd as a bill payment via online banking, and you'd get the converted usd to cad deposited directly into your account.

    That's assuming we aren't talking literally cash money of $8k usd in your hand, or that you do not have access to a US bank account.

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    Quote Originally Posted by ExtraSlow View Post
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    Banks will not even match calforex rates, even if you get abusive with the staff.
    why did you think yelling at some teller at a bank would get you better rates ...

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    Quote Originally Posted by Team_Mclaren View Post
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    why did you think yelling at some teller at a bank would get you better rates ...
    That was a joke, although possibly not a funny one.
    Quote Originally Posted by killramos View Post
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    You realize you are talking to the guy who made his own furniture out of salad bowls right?

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    Every time I have exchanged money at TD they have given me a better FX rate just for asking politely. This is the DT location in Calgary Place.

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    +1 canexforex in Eau Claire. I always use them and much better than banks (even their “preferred rate”)

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    Thanks for the info guys. I am going to take up Super_Geo up on his offer this time around. If you don't ever seem me on here again....beyond CSI Super_Geo for me...thanks

    I am pretty sure I dealt with him back in the day..maybe even went to same school...but it's been a LONG time so who knows

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    Aren't you part of the Russian mafia? Nothing to worry about right haha
    Ultracrepidarian

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    Quote Originally Posted by msommers View Post
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    Aren't you part of the Russian mafia? Nothing to worry about right haha
    Not mafia, just FSB

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    Quote Originally Posted by eblend View Post
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    Thanks for the info guys. I am going to take up Super_Geo up on his offer this time around. If you don't ever seem me on here again....beyond CSI Super_Geo for me...thanks

    I am pretty sure I dealt with him back in the day..maybe even went to same school...but it's been a LONG time so who knows
    Just two consenting adults making a transaction... don't go CSI on me and pull up embarrassing shit from my childhood days

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    Quote Originally Posted by sabad66 View Post
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    +1 canexforex in Eau Claire. I always use them and much better than banks (even their “preferred rate”)
    +2, found them to have the best rate after calling around a while ago.
    Go Flames!

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    Silly question I'm sure but I assume their rates are also the best for Euros?
    Ultracrepidarian

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