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Thread: Best place to exchange money on the beach?

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  1. #1
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    Re: Best place to exchange money on the beach?

    I take my little local credit union debit/atm card to scotia bank atm at the roundabout ... I don't pay fees from my CU but do pay a small fee from SB. I think it adds up to about .50 usd.

    I usually change at the cambio by bourbon beach, but I've heard of other places with better rates. For the amount of time and money I am spending, those few cents don't add up enough for me to go searching out the very best rate in town. I average about 1 usd to 120 jad.... not sure about the Canadian exchange, sorry.
    I'm gonna be Iron like a Lion in Zion

  2. #2
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    Re: Best place to exchange money on the beach?

    Quote Originally Posted by Stoners6 View Post
    The woman I spoke with at the scotia bank in Canada was originally from Jamaica and told me that they had a Scotia bank in Negril and that they were the same entity and I wouldn't be charged fees. I told her that was why I was opening the account. Go figure
    I'd checked about 11 years ago...so maybe they've changed the way they work together.
    Last edited by Bnewb; 11-26-2017 at 07:26 PM.

  3. #3
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    Re: Best place to exchange money on the beach?

    http://www.scotiabank.com/ca/en/0,,8093,00.html

    While I have no idea whether the two bank entities are the "same", the ScotiaBank is part of a Global Alliance which allows users fee-free access in about 130 countries... Jamaica included
    I'm gonna be Iron like a Lion in Zion

  4. #4
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    Re: Best place to exchange money on the beach?

    This is a very interesting topic. It might belong on another thread but that's OK. The only way to conclude this about Scotia Canada and Scotia Jamaica is to ask Stoners6 if he would mind checking back in a few weeks after he gets his first monthly statement from Scotia Canada and report what, if any international fee's were attached to his account. Stoners6, would you mind doing that??

  5. #5
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    Re: Best place to exchange money on the beach?

    Also Tangerine Banking which is an online only bank is a subsidiary of scotia bank, they have no fees at all for setting up account and the debit card does not charge extra fees well in Ja if using scotia atm ,very easy to set up an account and transfer money from your main bank. worked great for us.

  6. #6
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    Re: Best place to exchange money on the beach?

    Will do
    If you are worried about something, do something about it. If there is nothing you can do, why worry!

  7. #7
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    Re: Best place to exchange money on the beach?

    You can get 30K several times until you reach your card's daily withdrawal limit.

    Cap
    Linston's Zion Hill Taxi

    Captain Dave

  8. #8
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    Re: Best place to exchange money on the beach?

    Quote Originally Posted by captaind View Post
    You can get 30K several times until you reach your card's daily withdrawal limit.

    Cap
    I have tried that with my Scotia debit card and been denied and my limit is unlimited. My wife's Scotia card debit/visa can withdraw 30000 at a time but we can get multiple withdrawals. It must have something to do with the /visa addition to her card.


    The CHICKSTER


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  9. #9
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    Re: Best place to exchange money on the beach?

    I'm a scotiabank customer in Canada with a "Scotia One" account. I used scotiabank ATMs exclusively during our trip in march. I just checked my statement and can confirm I was not charged any surcharges.

    http://www.scotiabank.com/ca/en/0,,8093,00.html

    Hope that helps
    BS
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  10. #10
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    Re: Best place to exchange money on the beach?

    Quote Originally Posted by BuffaloSoldier View Post
    I'm a scotiabank customer in Canada with a "Scotia One" account. I used scotiabank ATMs exclusively during our trip in march. I just checked my statement and can confirm I was not charged any surcharges.

    http://www.scotiabank.com/ca/en/0,,8093,00.html

    Hope that helps
    BS
    been using Scotia Bank card for 5 years never been charged a fee.

    Finally figured out a way to get more than $30000 Ja out at one time. My wife got her own card and we split the money into two accounts now when we go to the ATM I take out $30000 on each card.


    The CHICKSTER


    tickers.TickerFactory.com/ezt/d/7;10731;405/st/20140421/e/Negril/k/19ca/event.png[/img]

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