# data[].attributes.body
This picture depicts the best Canadian bank for international travel. The rate hub did calculations to find out which banks offer the best exchange rates, most competitive administration fees and lowest ATM fees to withdraw while travelling in USA and Europe.

# data[].attributes.attachment_link.readable_text
Budgeting for a trip to the US or Europe from Canada can have you pinching every penny in preparation for the high costs of international travel.

Besides daily expenses, insurance and travel costs, withdrawing cash from your bank account while overseas can come with hefty charges - money that could otherwise be spent on making the most out of your trip.

To help lessen the blow on your wallet, Canadian financial product comparison website Ratehub is doing the work for you has released a study to on how Canada's Big Five banks compare when it comes to fees, charges, and exchange rates for foreign currency cash withdrawals while overseas.

The team compared how much it would cost a Canadian to withdraw $100 USD and 100 euros from an ATM while travelling, and put the Big Five Canadian banks to the test, so you can see how your bank fares against the competition.

Scotiabank clients come out on top, saving anywhere from $3 to $5 CAD on cash withdrawals in the US and Europe. Scotiabank is a member of the Global ATM Alliance, a network which allows clients of member institutions to withdraw cash from other member banks without paying an ATM Access Fee.

Comparatively, TD Bank clients pay the most for international cash withdrawals due to TD's above-average foreign exchange administration fee. TD Bank charges a 3.5% administration fee during a foreign currency withdrawal, compared to the 2.5% administration fee charged by other banks.

ATM access fees were consistent amongst all five banks at $5 in Europe and $3 in the US.

As it turns out, not all Canadian banks are built equally when it comes to international travel, which is why it's important to know before you go, and not let unnecessary banking costs get in the way of living your best live while on vacation.

# data[].attributes.attachment_link.title
Canada's best banks for international travellers | Mapped

# data[].attributes.attachment_link.description
Budgeting for a trip to the US or Europe from Canada can have you pinching every penny in preparation for the high costs of international travel. Besides daily expenses, insurance and travel costs, withdrawing cash from your bank account while overseas can come with hefty charges - money that could otherwise be spent on making the most out of your trip.

# data[].attributes.body
This image illustrates about the master card. it is mostly used by international students while they are travelling across border because it is the most trusted and reliable as it is easy to carry and exchange the currency and even it is good to send money also from it.

# data[].attributes.body
This video gives the best idea for exchanging money at best rate, wisely. The expert in this talk show advises on preparing traveler's Canadian funds for exchange into currency  one is going to travel- before, during and after travel overseas.
The expert suggest exchange small amount of money well before in advance of travel date as most of agencies are open only during weekdays. Another thing she mentioned to carry an international ATM card so one don't have risk of steeling liquid cash while travelling. She also mentioned that ATM will cost charges so she mentioned to have more money in account. She also mentioned to keep all receipts while travelling in case something goes wrong and make sure to check the bank statements when one get home so you can aware of any wrong extra charges.

# data[].attributes.attachment_link.readable_text
There are a million things to plan and prepare when you're taking an international trip, and the thing that most often gets left to the last minute is exchanging your Canadian cash for the foreign stuff you'll need abroad. We're always prepared to take a hit when it comes to the exchange - we're Canadians, after all - but there are smart ways to soften the blow.

Follow these tips and maybe, just maybe, you won't lose a small fortune on the exchange.

Exchange well in advance

We know it's usually the last thing you think of, but you should really do your exchanging earlier than a few days before, especially if you're travelling somewhere other than the U.S. Banks don't keep a large stash of all types of currency on hand, so they might need to order it in. That means it could take up to five business days to get the cash you need. That's not great if you're leaving the country in three days.

Do your research and shop around

Banks aren't the only places that'll exchange your money - it's possible that a currency exchange could have a better rate. Check the Bank of Canada website for the current exchange rate, then research what added fees different banks and exchanges will charge you. It pays to shop around and find the best deal possible.

Also try to accurately price out how much money you're going to need for the entire trip. You really aren't going to like the options that are available to you for exchanging money once you're abroad.

Don't exchange at the airport

This is always a bad idea. Security is more expensive in an airport and you'll be paying for that through exchange fees. They also know that if you're exchanging your money at an airport, you're probably desperate and they are definitely going to take advantage of that. Just don't do it.

Write down your credit card numbers

It seems like one of the most common travel stories is losing your wallet. To make things easier if that happens, write down the phone numbers of your bank and credit card company as well at your card numbers and keep them in a safe place (not your wallet!). That way, if you lose anything, you can call to deactivate the cards you lost and possibly get new ones.

If you need cash while abroad, an ATM is your best bet

It sounds fake, but in the wide range of bad and expensive options open to you for getting local currency abroad, this is the best. Your bank is going to charge you a 2.5% foreign interest fee as well as three to five dollars and the ATM itself will charge you at least two, but you gotta do what you gotta do. Just be smart when using foreign ATMs. Check the machine for the interact logo, that usually means that it can take your card (although older machines might not be able to process your fancy, foreign debit card). Only use ATMs that are in banks or commercial areas and do your exchange during business hours if you can, just in case something goes wrong.

Keep everything

Keep all your receipts (especially ones from ATMs) just in case something goes wrong. It's a good idea to keep them for customs anyway, but you want to have proof in case you become the victim of theft or fraud while you're away. Having those receipts can make disputing charges and proving fraud a whole lot easier. It may be a pain, but it could pay off big time.

Check your bank statements when you get home

Good thing you kept those receipts, eh? Check your bank statements for double or unfamiliar charges. If you don't recognize something, address it right away. That's not the kind of thing you want to dawdle on in case someone still has access to your card.

# data[].attributes.attachment_link.title
Everything you need to know before exchanging your money while travelling

# data[].attributes.attachment_link.description
There are a million things to plan and prepare when you're taking an international trip, and the thing that most often gets left to the last minute is exchanging your Canadian cash for the foreign stuff you'll need abroad.

# data[].attributes.body
Using a card or carrying cash is a most important question one has while traveling. But, then what if one is travelling to a place where they can get very limited options to pay like at some places only card is accepted while at some places only cash is accepted and then it can put one in trouble.
This video tells you about the troubles you get if you just carry card and want to withdraw cash from ATM because many a times they charge the 20% of your total amount you withdraw so you might ending to pay more than what you have to and if you just carry cash then there is threat of money getting stolen away and if the place only accepts card then you won't be able to visit that place. So, finally they say that it is better option to travel with a credit card which does not charge any foreign transaction fee.

# data[].attributes.attachment_link.readable_text
The editorial content below is based solely on the objective assessment of our writers and is not driven by advertising dollars. However, we may receive compensation when you click on links to products from our partners. Learn more about our advertising policy.

The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired. Please see the bank's website for the most current version of card offers; and please review our list of best credit cards, or use our CardMatch™ tool to find cards matched to your needs.

Card or no card? That is the question you may ask yourself frequently when traveling to some of the world's hottest tourist destinations.

While carrying just a credit card protects you from theft - there's no risk of having your cash stolen and your card issuer won't make you pay for fraudulent purchases - you may find yourself unable to pay for food in a foreign country at cash-only restaurants and coffee shops.

Take Berlin, for example. The German city of art, architecture and history is also very unpredictable when it comes to payment options.

In the morning, you may be drinking a green juice in a hip, card-only restaurant. Your lunch stop may be the opposite - no cards accepted.

Then, just when you're getting in the credit cards-or-cash groove, you head to a tourist shop where you can use your card for merchandise. But if you're thirsting for a tasty European coffee on offer in the same store? Sorry, cash only.

As you're choosing which credit card to bring on your travels, make sure you have more than just an American Express. Many restaurants and shops won't accept it.

And having to run to the ATM to get cash can cost you. Many of the most popular banks charge you $5 or so for using a nonaffiliated ATM, and they'll tack on an extra foreign transaction fee, which can be 3 percent of the amount you're taking out.

For a $500 withdrawal, you're spending an extra $20 - enough to make that coffee taste bitter.

So, to answer the question of card or no card? Our best advice: Use a credit card with no foreign transaction fee for everything you can. You can find a list of no-transaction fee credit cards on CreditCards.com.

And, if possible, ahead of your trip, open a checking account that reimburses you for ATM fees. Why give your money to a bank when you could be treating yourself to a sweet treat while on the road?

See related: Video: How your points can pay for experiences, What is a foreign transaction fee?, Getting the best exchange rate abroad

# data[].attributes.attachment_link.title
Card or cash? When traveling abroad, you often need both - CreditCards.com

# data[].attributes.attachment_link.description
The editorial content below is based solely on the objective assessment of our writers and is not driven by advertising dollars. However, we may receive compensation when you click on links to products from our partners. Learn more about our advertising policy.

# data[].attributes.body
Western union is a well-known company for exchanging currency all around the world as they have various branches in several countries.
The services provided by them are person to person money transfer, money orders, e-transfers.     It is unique because it provides you with the facility of sending money for fast cash pick-up at an agent location,  choice of money, one can transfer directly to the participating bank account for cash pick up or even to a mobile wallet in selected countries. The best thing about western union is that they give best rate for foreign exchange, it sends money to more then 500,000 agent location in over 200 countries and territories. It is more reliable than any other private agencies that provides foreign exchange.

# data[].attributes.attachment_link.readable_text
We are there for your around the world money transfer needs.

Log in / Sign up

Why choose WU?

A few reasons to send with us

Money in minutes ¹

Send money for fast cash pick-up at an agent location

Around the world reach

Send money to more than 500,000 agent locations in over 200 countries and territories.

Choice and convenience

Transfer directly to a participating bank account, for cash pick up, or even to a mobile wallet in select countries

Send money on the go with the WU app

Send money, pay bills, check exchange rates*, track a transfer, and more right from the palm of your hand. The power to send money around the world is yours with the WU app.

How does it work?

It's fast and easy to send money online. Choose:

Who

is receiving the money

What can you do with WU?

Send money

Send and receive money in minutes¹ in 130 currencies to more than 200 countries and territories. The world is yours.
Send→

Track a transfer

Whether you sent money or paid a bill, the status of your transfer is only a few clicks away.
Track→

Find a location

With more than 500,000 agent locations around the world, we're easy to find and happy to help your receiver pick up their cash.
Find→

Earn reward points*** for the money you send.

You'll earn points when you send qualifying transfers and bill payments. You can redeem these points for benefits like fee reductions* and more.

Sign up** and start enjoying the rewards today!

The app that also lets you pay in cash

Save time at the counter by starting on our app and paying in cash at a participating agent location.

Easy pick up at more than 500,000 locations all over the world

Find an agent location

Service and funds availability depends on certain factors including the Service selected, the selection of delayed delivery options, special terms applicable to each Service, amount sent, destination country, currency availability, regulatory issues, consumer protection issues, identification requirements, delivery restrictions, agent location hours, and differences in time zones (collectively, "Restrictions").

* Western Union also makes money from currency exchange. When choosing a money transmitter, carefully compare both transfer fees and exchange rates. Fees, foreign exchange rates, and taxes may vary by brand, channel, and location based on a number of factors. Fees and rates subject to change without notice. Transfer fee reductions apply only to the Western Union® transfer fee for a single Western Union Money Transfer® or Quick Collect® transaction. Excludes all other services, including without limitation, online bill payments, money transfers via social/chat applications or transfers that are set up through the Western Union app and paid for at participating agent locations. Western Union reserves the right to offer promotional discounts that cannot be combined with My WU® transfer fee reductions.

** Joining the My WU program is optional. Joining requires e-mail and a mobile number. By joining, you authorize us to send an automated text message to your mobile number with program materials and request consent to send future promotional texts. Consent not required for purchase and may be revoked at any time. Msg & Data Rates Apply. Reply STOP to stop, HELP for help.

*** One send transaction is 30 My WU points; Each receive transaction is 10 My WU Points.

# data[].attributes.attachment_link.title
Western Union Canada: Global Money Transfer

# data[].attributes.attachment_link.description
We are there for your around the world money transfer needs. Log in / Sign up A few reasons to send with us Money in minutes 1 Send money for fast cash pick-up at an agent location Around the world reach Send money to more than 500,000 agent locations in over 200 countries and territories.

# data[].attributes.body
Forex itself stands for Foreign Exchange. It determines exchange rates for every currency including all aspects such as buying, selling and exchanging.
It is famous for its liquidity levels which are not seen in other markets. FX is active for 24 hours a day, 5 days a week all over the world. They have low margins of relative profit when compared to other markets of fixed income. Currencies are traded in pairs such as base currency and quote currency. One can buy, sell or exchange currencies at current or determined prices. Some international banks use Forex as a platform for dealing currency.

# data[].attributes.attachment_link.readable_text
Clear & competitive pricing

Maximize your potential with straightforward, reliable pricing and exceptional trade executions.

Pricing & Execution

Global trading opportunities

Trade the world's currency markets along with the most popular share, index and commodity CFDs

Markets

Professional trading platforms

Our suite of powerful trading platforms was designed to meet the demanding needs of currency traders

Trading platforms

Trade on a suite of powerful trading platforms designed to meet the demanding needs of active traders looking for maximum performance, flexibility and speed.

# data[].attributes.attachment_link.title
Forex trading | CFD trading | Trade FX Online | Currency Trading | FOREX.com Canada

# data[].attributes.attachment_link.description
Maximize your potential with straightforward, reliable pricing and exceptional trade executions. Pricing & Execution Trade the world's currency markets along with the most popular share, index and commodity CFDs Markets Our suite of powerful trading platforms was designed to meet the demanding needs of currency traders Trading platforms Trade on a suite of powerful trading platforms designed to meet the demanding needs of active traders looking for maximum performance, flexibility and speed.

# data[].attributes.body
ICE is one of the largest and most respected retail currency exchange brands in the world.
It is known for its easy and fast ordering money in less than three minutes. There is no service fees, no online payment is required while buying Canadian dollars. It is available at more 65 airports worldwide. ICE has established a strong network of foreign exchange in Canada since 25 years. It is the most trusted brand in Canada. It gives best rates for Canadian dollars to travelers without charging service fees. One easily access the website as a resource to send or order  international currency. They have a unique feature for ordering currencies online which is very convenient.

# data[].attributes.attachment_link.readable_text
At ICE, we pride ourselves on being a foreign exchange provider that you can count on. Your travel money is important to us, which is why we do everything we can to help your purchase go smoothly. We believe that you should be able to concentrate on what matters-enjoying your time away. Experienced, secure and reliable, we have been taking the hassle out of foreign exchange for over 40 years.

Start your trip stress-free when you Click & Collect. Simply order your currency online and pick up your cash from one of our branches when you fly. It could not be easier. Reserve your currency online today to take advantage of great rates, 0% commission.
Read more about ICE

# data[].attributes.attachment_link.title
International Currency Exchange - ICE Canada

# data[].attributes.attachment_link.description
At ICE, we pride ourselves on being a foreign exchange provider that you can count on. Your travel money is important to us, which is why we do everything we can to help your purchase go smoothly. We believe that you should be able to concentrate on what matters-enjoying your time away.

# data[].attributes.body
They deliver the best exchange rate to Canadian on all currency exchange currency and also they provide live exchange rate quotes from anywhere in Canada through their website.
It allows to convert funds within your accounts at excellent exchange rates. It provides home delivery. It is different because it provides complimentary buy back protection service. They can buy back up to half of customer's foreign currency bank notes at the original exchange rate that customer has bought from interchange currency exchange. Travelers in Canada can travel freely without the risk of having more liquid cash in their bag as interchange currency exchange deposits their money in their account as per the exchange rates. So this is the safest way to handle money while traveling in Canada.

# data[].attributes.attachment_link.readable_text
We do not charge any fees whatsoever. In addition, we pride ourselves on the transparency of our services and prices. What you see is what you get in terms of pricing at Interchange Currency Exchange. You book exchange rates at your convenience and complete the transaction online or in person at one of our locations. The price you booked is exactly what you receive. This is why most of our clients are repeat users of our services and most of our new clients are referrals.

# data[].attributes.attachment_link.description
Get the best currency exchange rates from Interchange Financial in Canada. Determined to offer the best for our customers, call 1 888-972-7799 today.

# data[].attributes.body
This video shows all the aspects of currency exchange located in Toronto, Canada. It shows the various branches located in Canada wide.
It provides best currency exchange. They serve with right technology and right services whether it is an individual or a business. They gives spot contracts like if you want to purchase currency and make payment imminently, they provide a solution to that. They provide with two types of market orders like a limit order and a stop loss order and it helps if you do not want to purchase right away. They even help in staying updated with current rates and global trends and provide live change rates.

# data[].attributes.attachment_link.title
Currency Exchange Toronto, Canada | World Money Pay® FINTRAC MSB# M18879370

# data[].attributes.body
This video is about Knightsbridge exchange that provides guaranteed better currency exchange rates than Canadian banks. It is the part of top 50 fastest growing company.   There are several steps from  sign up to send/receive funds. The sign up with the Knightsbridge is easy, quick and free. There's no obligation to transact and can get access within 15 minutes. This agency is regulated by the Government of Canada that makes it most trusted company. The unique facility is provided that one can lock their rate by just giving one call so, one can get great rate. Further, there are no hidden fees. Most of Canadians uses this agency to exchange Canadian dollars while going for a vacation.

# data[].attributes.attachment_link.title
KnightsbridgeFX - Currency Exchange - How it Works

# data[].attributes.headline
Currency- comparing currencies from different countries. How to handle/exchange currency when travelling

# data[].attributes.subject
Currency- comparing currencies from different countries. How to handle/exchange currency when travelling

# data[].attributes.body
Money is the most important thing which everyone thinks while they plan to travel. So here, you will be able to understand different methods that how you can exchange or handle your currency while travelling. Now a days, getting foreign currency is easy but choosing the right way of exchange is foremost thing to consider to get rid of extra charges.

# data[].attributes.headline
What did you learn about your topic that surprised you the most?

# data[].attributes.subject
What did you learn about your topic that surprised you the most?

# data[].attributes.body
The surprising thing was that every company charges their own hidden charges. There are plenty of companies that can provide traveler best rate of exchange, one just has to know the right way and agency. By this research, we got to learn different methods, rates, facilities of currency  exchange provided by company.

# data[].attributes.headline
Provide a real-life example of how this topic is relevant or interesting for you?

# data[].attributes.subject
Provide a real-life example of how this topic is relevant or interesting for you?

# data[].attributes.body
We both are international students so we both  went through currency exchange process frequently. To convert Indian rupees to Canadian travel costs almost 10% extra with hidden charges. I prefer bank transfer despite of charges as it is secure, where as my partner uses Thomas card. We wanted to know about different and reliable method of foreign exchange so we choose this topic.

# data[].attributes.headline
If you could pass on your knowledge to a family member or friend, what do you think is the most important thing to pass on?

# data[].attributes.subject
If you could pass on your knowledge to a family member or friend, what do you think is the most important thing to pass on?

# data[].attributes.body
The most important thing which I would like to pass on to my family member or friend is to travel with forex card which has no transaction fee on exchange of money or while withdrawing from an ATM machine.