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I realize of course the usually small diff doesn't amount to much but like most people I like to attempt to get the most bank for the buck.
The converter on the home page has the rate as 1 to 119. I typically convert at the Cambio across from (Ugg) Burger King . Any ballpark idea for someone there now what their rate could be or in general is the rate we see on the currency converter accurate as to what we can exchange for? Thanks
119.35 at the ATM next to HiLo yesterday
Cap
Any Canadians on the board change money recently?
Yes we did . .. Ouch!
Hurt like hell but Negril is worth it :cool:
When I was there a couple of weeks ago it cost me $340 CDN to withdraw $30,000 J at the Scotia Bank. I have a tangerine account so not fees were charged, only exchange rate.
i changed this week at cambio across from burger king....119 for us...85 for Canadian....yesterday at cambio in mobay....116 us....
Hey stoner, from the peg too, heading down this Saturday.Quote:
Originally Posted by Stoners6
Changed 700. At scotiabank in wpg and got 58000 ja.
Not sure if this is helpful or not but bank teller said to use my "visa" debit card at the atm as opposed to a regular visa.
No service fee and bank rate exchange.
Using regular visa or going to the bank requires service fees and also visa has inflated rates.
Also any place that accepts visa will accept visa/debit and again no fees and best rates. The only thing is it comes out of your checking account so the funds have to be there.
thanks for the info appears that the calculator is pretty close. i have also learned that if you do go to atm it is best to use a debit card
Is there still a cambio near the Negril Beach Club Condos?
I have a Visa debit card too. Is there still a CIBC ATM at the little plaza next to Burger King?
We brought American and Canadian with us last week, with the idea of exchanging the CDN to JA. The Cambio wasn't open half the time and it was downtown - roundabout. We were swarmed by people, who literally opened the door on both sides of the taxis that stand right outside the Cambio. it was the worst feeling ever. It sorta worked out, but we were short money and it happened after we asked some guy to change some bills into smaller bills for us. Not sure where it went wrong, we just decided not to go there ever again. Use the Scotiabank... safer! And take a taxi that you are comfortable with..
Oh man, "Change Buddy" got ya. Only use the cambio or atm, never, ever Change Buddy (that's what he's always saying, "change buddy?"). Big guy, always a big wad of bills, and he will rip you off 10/10 times.
I've said this before, but before you change money with someone, think about what his business model is - how is he making money off the transaction? He has no way to get a better exchange rate than you do; his only way of making money is to short-change you. If you watch these guys, they do the money changing, then go to the cambio to change the money back. All that goes into their own pocket is what they short-changed you.
That also explains why changing money at the airport is more expensive - they are paying high rent to be in the airport, and that has to come from the customer.
Is there still a cambio in the HiLo? I have used that as a way to escape the pressure and begging at the Scotia Bank area.
Big Frank...yes, there is still a CIBC atm across from Burger King.
And, along with the cambio in the plaza parking lot near Value Master (which can be a bit intimidating for some, with the number of offers to change your money from the street "money changers"...which you should NEVER DO)...
next to HiLo is a cambio that is less intimidating and has the best rate between the two.
As others have said, there are a number of cambios in Negril, aside from the ones at the roundabout. Personally, I like the Banmark on the West End Rd. There is usually no line and I have never had a hassle there. I know it's out of the way for people staying on the beach, but you can pair it with a trip to Negril Escape for cliff jumping, Bella Donna's for pizza, Quality & Faye's gift shop or any number of cool places within walking distance.
I've always avoided the street changers. I don't know how they scam you these days, but when I was in the Philippines years ago, they started with a folded wad and could count out the pesos so quickly that they were coming back around to the first bills and counting them as new. I've seen many a sailor think he was scoring a better rate than the Cambio equivalents, but in reality was short 25% or more. Of course, sailors are often drunk. Not that that would be the case on Jamaica!
Agree with the don't change on the street but if u are in a pinch make sure you get the last count.
Thank you for the CIBC info Lisa. That's what I'll use to access my account.