Just got back from the bank...

She looked at the charts I printed out from their site. She was curious as I was. She looked into it.

Things she mentioned:

"Usually there'* some type of fee."

"We buy for less and sell for more."

The top chart allegedly indicates rates if they SELL, the bottom if they BUY. So if I wanted $500 CDN they'd charge me $530 USD.

Since they were "buying" my CDN, they gave me $474.xx

If I understood it correctly, that'* why I got screwed. It still doesn't make sense to me. $500 CDN is equivalent to $530 USD!

I've dealt with many forgien currency payments etc. I'm merely telling you what happened and why it happened. It was their rate/fee call it what you want.

Live and learn I guess.

Bank of America is a bunch of shisters. Try getting a personal loan. They may say the "loan" is at 11.99 percent, but it'* really a line of credit. And every single way you can access that money incurs a 3% finance fee, which adds to your total balance, which you pay interest on. So if you get a $1000 loan, you can only get 970 out of it.

sell it back. send it to Jim and have him mail you a check

We discussed him giving me the money, and I'd paypal him the USD for the equal amount, but the fees off that $8 for every $100 made that a lousy decision as well.

You know how I look at stuff like this..

I could go out one night and blow double or triple that w/o even noticing and having nothing to show for it in the morning. (maybe a hangover).

I don't blow money liike that Boosty, not me.........no way .......Jose.

I deposited $5 US into my bank account and got $4.81 CDN

Pete goes to a US bank, deposits $500 CDN and gets $474 US

hrm.....BoA will feed you several excuses, and fee this fee that, but fundamentally, its all wrong.