jerryp@tektools.UUCP (Jerry Peek) (11/03/85)
I've found a handy way to get Canadian $$ when I travel from Oregon into British Columbia. (The same thing would work for Canadians coming to the U.S., I guess.) My bank, and a lot of others in the northwestern US, belong to an automatic-teller network called The Exchange. There are Exchange machines in BC -- especially near Victoria and Vancouver -- so, when I get to BC, I stop by one, put in my card, and get Canadian money as easily as I would get American in the U.S... Does anyone know of other ATM networks that have the same advantages -- especially in countries besides Canada? (...not including American Express, MasterCard, Visa, etc.) --Jerry Peek, Tektronix, Inc. US Mail: MS 74-222, P.O. Box 500, Beaverton, OR 97077 uucp: {allegra,decvax,hplabs,ihnp4,ucbvax}!tektronix!tektools!jerryp CS,ARPAnet: jerryp%tektools@tektronix.csnet Phone: 503/627-1603
msb@lsuc.UUCP (Mark Brader) (11/14/85)
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