Canadian dollar traveller cheques recently?

connie 2 replied on 03/12/2019 09:34

Posted on 03/12/2019 09:34

Hi,I have booked a trip to Rockies and thought I would use some leftover T/Cs from many years ago, “they never expire” supposedly. Mentioned my plan to travel agent and she seemed to think they are very difficult to use or even cash in by a bank in Canada. Wonder if anybody has any knowledge or experience with this problem,Thanks.

eurortraveller replied on 03/12/2019 09:48

Posted on 03/12/2019 09:48

I too thought Travellers Cheques were a blast from the past, but I really don't know about the situation in Canada.  Can you perhaps e-mail some Canadian branch banks at your destination there and ask whether they will cash them, or go back to your UK supplier and cash them in before you go?

brue replied on 03/12/2019 09:55

Posted on 03/12/2019 09:55

Money supermarket has a section on Travellers Cheques, why not look on there to see your options. smile

cyberyacht replied on 03/12/2019 10:16

Posted on 03/12/2019 10:16

It may also vary depending on who the issuer of the T/Cs are. Only some banks accept them from some issuers with whom they have reciprocal arrangements. Check with the issuer. They should be able to provide a list of banks that will cash them.

MichaelT replied on 03/12/2019 10:25

Posted on 03/12/2019 10:25

Just to make sure why not cash them here and take the cash to save any hassle then use it and your CR/DR card once there?

EasyT replied on 03/12/2019 10:40

Posted on 03/12/2019 10:16 by cyberyacht

It may also vary depending on who the issuer of the T/Cs are. Only some banks accept them from some issuers with whom they have reciprocal arrangements. Check with the issuer. They should be able to provide a list of banks that will cash them.

Posted on 03/12/2019 10:40

I think that is about the size of it Cyber. 

I cashed any Travel Cheques in some 10 years ago. Strangely I first started carrying travel cheques about 37 years ago to use when touring in some areas of Scotland and before I had a credit card or debit card and so carried a cheque book. Bank services were often not located conveniently close and in pre-internet days it was not easy to find where they were anyway. 

moulesy replied on 03/12/2019 10:46

Posted on 03/12/2019 10:46

I agree it would be best, and probably least stressful, to cash them here, if possible, before you travel. You could always put the proceeds onto a prepaid cash card - we use the Sainsburys bank cash passport which does include Canadian dollars - but if you do, wait for one of their frequent "exchange rate sales" when you'll get a slightly better rate and, if you haven't got one already, apply for their Nectar card which, again will get you a slightly improved rate. smile

Now - the big question is - buy over the next 9 days or risk leaving it till after the election in the hope that the pound will bounce? undecided

connie 2 replied on 03/12/2019 14:47

Posted on 03/12/2019 10:46 by moulesy

I agree it would be best, and probably least stressful, to cash them here, if possible, before you travel. You could always put the proceeds onto a prepaid cash card - we use the Sainsburys bank cash passport which does include Canadian dollars - but if you do, wait for one of their frequent "exchange rate sales" when you'll get a slightly better rate and, if you haven't got one already, apply for their Nectar card which, again will get you a slightly improved rate. smile

Now - the big question is - buy over the next 9 days or risk leaving it till after the election in the hope that the pound will bounce? undecided

Posted on 03/12/2019 14:47

Thanks all, yes looks like will have to cash in back to GBP which is a pain when I’m wanting Canadian dollars. A bit crazy you can still get Amex travellers cheques in C$ if they’re not accepted in the country.

I remember cashing some T/C’s in a Swiss bank a few years back with no problem at all. 

MichaelT replied on 03/12/2019 15:00

Posted on 03/12/2019 14:47 by connie 2

Thanks all, yes looks like will have to cash in back to GBP which is a pain when I’m wanting Canadian dollars. A bit crazy you can still get Amex travellers cheques in C$ if they’re not accepted in the country.

I remember cashing some T/C’s in a Swiss bank a few years back with no problem at all. 

Posted on 03/12/2019 15:00

Why cash them in for GBP?  If they are in CAD then surely you can get CAD with them?  

connie 2 replied on 03/12/2019 18:58

Posted on 03/12/2019 15:00 by MichaelT

Why cash them in for GBP?  If they are in CAD then surely you can get CAD with them?  

Posted on 03/12/2019 18:58

Not according to Amex customer service this afternoon,seems a bit off a rip off but better than losing a few hundred quid. Will push to get an answer as to why they apparently still sell them if you cannot use them in Canada!

moulesy replied on 03/12/2019 19:10

Posted on 03/12/2019 19:10

Where abouts are you heading for in the Rockies, Connie? There is another thread running somewhere on the forum about touring in a MH. I'll just repeat my recommendation that if you're staying in Banff which is a great location, don't miss out on the cable car ride up Sulphur Mountain and make sure you visit Melissa's Diner either for the huge breakfasts or the steaks! And if you head to Lake Louise try to divert down to Morraine Lake, a spectacularly turquoise body of water surrounded by high mountains. I posted a picture of it on the other thread. 

You're bound to have a fantastic time. Enjoy it! smile