Joined: Oct 2011
Posts: 170
yes
12/28/2016 at 8:18 PM
the kiosks in most every airport will gouge you a high percentage on any exchanges made, and will only dispense or accept the larger bills. Something to remember on your way back as well.
I've been looking at the fluctuating peso/cdn $$ rates lately, and doing some research. The exchange rate is at one of the highest levels its been since the end of the world in 2012. So, it's a great time to buy now. Especially if you are like me, and planning a trip south.
CIBC told me they can have them on hand within 5 business days. Or have them delivered to your house. I think? Maybe you have to pick them up. But you can also lock in the current exchange rate, or wait until the time you go to pick them up. The bank will give you an exact exchange rate.
The other thing you can do, is to thoroughly research your bank and wherever your going. I used to bank with Scotia, and they've got a partner company in Mexico where I was able to withdraw money anytime I needed. The only thing with that, is they dispense the larger bills as well. Taco stands won't typically be able to break the 500's or sometimes even the 100's. And, who wants to have to carry around a stack of 20's? Well, I would.
Just some things to consider.