www.CostaRicaTicas.com

Should I take it. Or will I get a better rate in Costa Rica

You will be able to get at least 540 from Scotia Bank in CR

Is the US dollar worth more in cr hence the higher rate in cr. And you mean 54k colones right?

t

Banks in the US and airport currency exchanges are not going to offer any where near the best rate.

For banks in the US, currency exchange is a 'special order' and there's heavy fees. Airport currency exchanges make money off the conversion.

The current 'official' rate is 553 colones to $1 USD. You were offered CRC 480 per $1 USD. That's CRC 73 less. $13.24 loss over $100.

The best rate is going to be from a bank (or bank ATM) in Costa Rica. Tell your bank you are going to CR so your ATM card works (if you don't, it won't).

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Any opinion or observation in the post above is purely presented for entertainment purposes and does not promote "sexual tourism" or "human trafficking". The laws of Costa Rica apply to all activities in Costa Rica. No warranty is expressed or implied. Void where prohibited by law. Your experience, observations or perspective may be different.

In exile in pu*sy prison

I always get the best rates, no matter where I am, from an ATM.

I haven't found an AT in the US that dispenses colones...

_________________
Any opinion or observation in the post above is purely presented for entertainment purposes and does not promote "sexual tourism" or "human trafficking". The laws of Costa Rica apply to all activities in Costa Rica. No warranty is expressed or implied. Void where prohibited by law. Your experience, observations or perspective may be different.

In exile in pu*sy prison

Which ATM do you use

Where??

I use Banco San Jose or Scotiabank IN COSTA RICA.

_________________
Any opinion or observation in the post above is purely presented for entertainment purposes and does not promote "sexual tourism" or "human trafficking". The laws of Costa Rica apply to all activities in Costa Rica. No warranty is expressed or implied. Void where prohibited by law. Your experience, observations or perspective may be different.

In exile in pu*sy prison

Banco National and Scotia bank ATM's let you pull out 265,000 colones at current rates which is a little more than 500.00 daily limit. BCR will only allow about 200.00 US from its machines.

Me either. But the ATMs in Costa Rica do... and dollars as well.

You will get terrible exchange rates if you try to get colones outside of CR. My bank made a huge deal out of having currency available at the airport (Toronto)... picked up some and ended up getting dinged almost 10%. Taking money out via ATM in Costa Rica costs me a $5 fee at home... plus the built in fee around 2.5% (difference between posted mid market rate and what I actually got). You may be able to do better than that with US dollars. So use US dollars after you arrive in CR until you have a chance to either withdraw colones from a machine...or get to a bank and exchange dollars for colones.

There are alternatives to the big canuck banks.

Amazon.ca Rewards Visa Card
No foreign transaction fee
https://www.amazon.ca/gp/product/B00AFG ... 3230544011

Tangerine Bank
Part of the Scotia Group
Same advantage as any Scotia Customer
$3 atm fee for foreign withdrawn

Zenbanx
$3 atm fee for foreign withdrawn
Multi-Currency Account - better exchange rate than the big banks
https://www.zenbanx.com/?cc=CA