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least expensive way to convert cdn. to usd.

Last activity 01 October 2018 by panamachick

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panamachick

I am looking at different options of converting my measly cdn. dollars into american BEFORE I
leave for Panama.  I have heard of snowbirds.org, but there rates don't seem as great as they
say.  MY question is, Has anyone found a way to avoid the conversion fee for every purchase
made in Panama?  Trying to find a way to reduce the bleeding.... :(:) ....somewhat???
Checking into ATB, Scotiabank, and the TD.....so many options, many accts. are not debit,
friendly.  Hope to hear from some people a little smarter than me, I guess!!!, lol.

kaigoss69

Hi, not sure if this will help you but some credit cards will allow you to make purchases outside the country with no foreign conversion fees. For me in the US I use american express platinum card when I travel abroad, but you will need to check in Canada to see which ones would be best and not charge you.

panamachick

Thanks. I have a American Express, gold, so will have to check that closer.
K

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