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Conference 7.286::dcu

Title:DCU
Notice:1996 BoD Election results in 1004
Moderator:CPEEDY::BRADLEY
Created:Sat Feb 07 1987
Last Modified:Fri Jun 06 1997
Last Successful Update:Fri Jun 06 1997
Number of topics:1041
Total number of notes:18759

24.0. "Use your DCU ATM card in Canada" by PBSVAX::HALBERT () Tue Apr 14 1987 17:04

    The Royal Bank in Canada (and possibly other Canadian banks) is a
    member of the Plus network. So you can use your DCU ATM card to get
    Canadian cash in Canada. This was a great convenience to me on a
    recent trip.
    --Dan
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24.1More info!CASPRO::DLONGDon't try to out-weird *me*!Tue Apr 14 1987 19:164
    Does it compensate for the exchange rate?  Do you have to pay extra
    for it?
    
    I'm going to Montreal in June.  It would be nice to have this!
24.2Did you ask the DCU?FURILO::BLINNNever try to teach a pig to sing..Tue Apr 14 1987 19:469
        Although I've not done this, I'm sure you get Canadian dollars
        at the "current" exchange rate, plus some minor fee (probably
        less than you would pay in a hotel or restaurant).
        
        Also, you pay the standard network fee, at least.
        
        For more details, call the DCU and ask.
        
        Tom
24.3Where in canada?SUBSYS::LAWLERBack at Windham Intl.Tue Apr 14 1987 20:2011
    
    Where in montreal are these ATM machines?  Canadian banks
    close around 3 on friday, and it's almost impossible to
    get cash up there if you're just on a weekend trip...
    
    Most importantly, is there one at DORVAL or St Hubert
    airport?
    
    
    					al
    
24.4Royal Banks are ubiquitousPBSVAX::HALBERTThu Apr 23 1987 14:1417
    As I mentioned in .0, I got money from the Royal Bank ATMs. I was
    in the Toronto area, and these banks are easy to find. I also did
    the same thing at Expo '86 in Vancouver, which had Royal Bank ATMs
    on site. Since Canada has only a few banks, and they are all pretty
    large, I think you should have no trouble finding Royal Banks in
    Montreal just by looking in the phone book. I just tried calling
    1-800-THE-PLUS, and giving a phone exchange in Toronto, but it claimed
    there were no locations there, which is obviously wrong.
    
    Other Canadian banks may also be part of the right networks. I had
    no luck with ScotiaBank, and when I cashed some AmEx traveler's
    checks at a ScotiaBank when it was open, they charged me $2! I would
    have preferred an ATM!
    
    You may also wish to take up this topic in ERLANG::FOREIGN_EXCHANGE.
    
    --Dan
24.5foreign ATMsRHODES::MITTONWed Oct 03 1990 15:3814
    
    I travel to Canada frequently, and now since the DCU ATM cards are
    on the Cirrus system, I can find them *EVERYWHERE*!!  JOUR/NUIT,
    Banque du CANADA, Bank of Montreal, and every mall that I have been
    to has a Cirrus machine that I can get Canadian money.  Yes, the
    exchange rate is fair (about 15% today) and it shows up on my monthly
    statement already converted to American funds!!  Just like other
    ATM's though Cirrus charges the dollar.  Now, if the DCU would only
    convert my excess Canadian into American when I return......?
    
    Come to think of it, DOES the DCU offer currency conversion services???
    
    C.J. MOUTON
    
24.6ULTRA::KINDELBill Kindel @ BXB1Wed Oct 03 1990 18:428
    Re .5:
    
>   Come to think of it, DOES the DCU offer currency conversion services???
    
    I'd doubt it.  That's a BANK function.  DCU isn't a bank, even though
    it offers some of the same services.  I believe almost any BayBank
    branch will do U.S./Canadian currency conversion (excluding coins);
    major branches do other currencies, sometimes needing advance notice.
24.7COGITO::SOULEASMOPThu Oct 04 1990 10:5512
Re .6
>    Re .5:
    
>>   Come to think of it, DOES the DCU offer currency conversion services???
    
>    I'd doubt it.  That's a BANK function.  DCU isn't a bank, even though
>    it offers some of the same services.  I believe almost any BayBank
>    branch will do U.S./Canadian currency conversion (excluding coins);
>    major branches do other currencies, sometimes needing advance notice.

Actually that is a COMMERCIAL BANK function. Something about a Federal charter 
instead of a State charter needed to handle foreign currency.