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Penfed currency exchange

Discussion in 'Ferrari Discussion (not model specific)' started by GZtoSF360, Oct 6, 2016.

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  1. GZtoSF360

    GZtoSF360 Rookie

    Aug 15, 2016
    11
    SF Bay/Guangzhou
    Full Name:
    Chris
    #1 GZtoSF360, Oct 6, 2016
    Hey everybody,

    I've secured financing from penfed to buy a car from a dealer in Canada. However there doesn't seem to be any obvious way to handle the currency exchange as the dealer expects (not unsympathetically) to be paid in Canadian currency. Penfed doesn't offer in-house currency exchange either.

    Has anyone who has done this before found a solution for this?

    Thanks!
     
  2. BMW.SauberF1Team

    BMW.SauberF1Team F1 World Champ

    Dec 4, 2004
    14,480
    FL
    #2 BMW.SauberF1Team, Oct 6, 2016
    Capital One credit cards have pretty good exchange rates. I'd assume the Capital One Bank does the same.

    Charles Schwab also has pretty good rates for their no-transaction fee ATM use worldwide (I don't know how they do it). Rates pretty good. Maybe their bank does good exchange rates, too, for what you need?

    I've never used either outside of credit cards (domestic + international) and domestic checking...
     

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