I got hosed!!! - Page 2 - GM Forum - Buick, Cadillac, Chev, Olds, GMC & Pontiac chat


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Old 10-04-2007, 06:45 PM   #11
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Well here'* the story:

I went to Bank of America, asked if they exchange.
She said I had to open an account.

So I did. I had to deposit $25 into it, which would be done AFTER I exchanged the money.

I gave them $500 CDN to exchange.

She said I was getting $474.xx. I said that'* fine, assuming that'* AFTER I gave them the deposit. She said that would be BEFORE I made the deposit.

I now have $449.76
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Old 10-04-2007, 06:46 PM   #12
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you got hosed, go back and raise hell
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Old 10-04-2007, 06:51 PM   #13
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they converted BACKWARDS.

Thats what you would get if you gave them 500 USD...but even that is too low.

500 Canadian dollars = 501.6555 U.*. dollars

500 U.*. dollars = 498.349963 Canadian dollars

Doing it either way...it just doesn't make sense.
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Old 10-04-2007, 06:51 PM   #14
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IDK if this applies, but this is from their site:

Quote:
When you order foreign currency online, over the phone or at one of our banking centers, the exchange rate we offer is, in effect, a rate quotation. You may accept or decline our rate quotation. If you accept our quotation, you have entered into a final and binding transaction.
I didn't order foreign currency though. I exchanged foreign for USD. She did ask if $474.xx was ok, so I feel like they're going to screw me by saying "You agreed, it'* final."

They converted wrong though IMO. If I am wrong someone please tell me!!

Going by what SHE SAID, a rate of .94, how did I end up with less? (rhetorical question)
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Old 10-04-2007, 06:56 PM   #15
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you can at least go talk to them and ask them about, even if you dont get your $$ back, you can at least understand whats going on and such and know that for when you go back again. have you checked to see if she double deposited in the account you opened?
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Old 10-04-2007, 07:04 PM   #16
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If they don't make it right, call the FDIC.
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Old 10-04-2007, 07:08 PM   #17
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No double deposit. I'm going back. I didn't even need another bank account. I'll try to get what I should have, and as soon as I can, I'm taking that $25 out of my account and closing it.
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Old 10-04-2007, 07:20 PM   #18
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the canadian dollar passed the usd? where have i been?
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Old 10-04-2007, 07:29 PM   #19
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to late now but, Why didn't you exchange it before you left Canada?



Oh and Dude, You got hosed :P
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Old 10-04-2007, 07:58 PM   #20
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THAT stinks..

Yeah perhaps you should have changed it up here.. but still the Canadian dollar is at par or just slightly higher..

Can you go somewhere else and exchange it??
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