Currency Exchange

ndhillon · Oct 24th, 2005, 08:27

I am travelling From Toronto, Canada and would like to know the best way to take money to India. Traveller Cheque? Currency Exchanges, Cash ( and how much )

Also, which one will get me the best rate

I didn't know what other forum to post this in...thx........

shpatel · Oct 24th, 2005, 08:32

I would bring a mix of cash and traveler checks, with more money being held in the checks. This way in case you lose them they can be replaced. As to how much money you should bring, it all depends on how long you'll be staying and how well you'll be living.
Some of the best exchange rates will be found at the exchange located in the airport or at local banks. You should at least get some money exchanged at the airport this way you have some for tips and a cab ride.

GoanCanuck · Oct 24th, 2005, 09:02

Ndhillon, the best exchange rate is provided by your ATM card(bank card). If you have a bank account with Royal Bank, TD CanadaTrust, Bank of Montreal, CIBC or Scotia Bank then just use your bank card to withdraw cash . You will get a much better exchange rate as compared to using a money changer.

Oct 24th, 2005, 08:27	#1
ndhillon Member Join Date: Oct 2005 Location: Toronto Posts: 46	Currency Exchange I am travelling From Toronto, Canada and would like to know the best way to take money to India. Traveller Cheque? Currency Exchanges, Cash ( and how much ) Also, which one will get me the best rate I didn't know what other forum to post this in...thx........

Oct 24th, 2005, 08:32	#2
shpatel Made in India Join Date: Apr 2005 Location: Chicago, USA Posts: 109	I would bring a mix of cash and traveler checks, with more money being held in the checks. This way in case you lose them they can be replaced. As to how much money you should bring, it all depends on how long you'll be staying and how well you'll be living. Some of the best exchange rates will be found at the exchange located in the airport or at local banks. You should at least get some money exchanged at the airport this way you have some for tips and a cab ride. __________________ Let the world change you...and you can change the world -Ernesto Guevara de la Serna

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Oct 24th, 2005, 09:02	#3
GoanCanuck Maha Guru Member Join Date: Oct 2004 Location: Vancouver Posts: 3,102	Ndhillon, the best exchange rate is provided by your ATM card(bank card). If you have a bank account with Royal Bank, TD CanadaTrust, Bank of Montreal, CIBC or Scotia Bank then just use your bank card to withdraw cash . You will get a much better exchange rate as compared to using a money changer.

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