Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10.2 9/18/84; site lsuc.UUCP Path: utzoo!utcs!mnetor!lsuc!msb From: msb@lsuc.UUCP (Mark Brader) Newsgroups: net.travel Subject: Re: An easy way to get Canadian currency Message-ID: <915@lsuc.UUCP> Date: Thu, 14-Nov-85 13:00:22 EST Article-I.D.: lsuc.915 Posted: Thu Nov 14 13:00:22 1985 Date-Received: Thu, 14-Nov-85 14:16:31 EST References: <541@tektools.UUCP> Reply-To: msb@lsuc.UUCP (Mark Brader) Distribution: na Organization: Law Society of Upper Canada, Toronto Lines: 23 Summary: Royal Bank <-> Plus System, Bank of Montreal <-> Cirrus System Jerry Peek writes about an ATM network called The Exchange which operates in the northwestern US and in British Columbia, and asks about other international ATM networks. The Royal Bank of Canada, which has a national network of ATMs in Canada, has just affiliated itself to the Plus System, a national network in the US. Customers of either system can now make make cash withdrawals in the other country's currency, by using a machine in the other country. This includes cash advances on the appropriate credit card. (Visa in the case of Royal Bank.) I understand that "Bank of Montreal" can be substituted for "Royal Bank of Canada" in the above paragraph if "Cirrus" is substituted for "Plus", also; but as I'm a Royal Bank customer and not Montreal, I haven't paid attention to their details. Montreal was first by a month or two, if you care. For Royal Bank customers making Plus System withdrawals, there is a $2 service charge on top of the foreign exchange; and the $500 limit on withdrawals is expressed in Canadian dollars so you get a maximum of maybe $350 US. Mark Brader, Toronto, Canada