{"id":370,"date":"2009-02-24T12:08:45","date_gmt":"2009-02-24T12:08:45","guid":{"rendered":"https:\/\/banffnationalpark.com\/?p=370"},"modified":"2023-05-06T11:13:32","modified_gmt":"2023-05-06T11:13:32","slug":"banff-and-canada-at-a-glance-for-foreigners","status":"publish","type":"post","link":"https:\/\/banffnationalpark.com\/visitors-information\/banff-and-canada-at-a-glance-for-foreigners\/","title":{"rendered":"Banff and Canada at a Glance for Foreigners"},"content":{"rendered":"<h2>Banff, Alberta Currency 101<\/h2>\n<p>The introduction to Canada may not be as intimidating as the rainforests of Brazil, for example, but it is definitely worth the effort for foreigners to have an idea of what awaits you. Below are a few tips to getting you started in Canada and Banff.<\/p>\n<h3>Coins\/Notes<\/h3>\n<p>As might be expected, Canada has both paper money and coins.\u00a0One thing to be aware of is that us Canadians affectionately refer to our one dollar coin as a loonie and the 2 dollar coin as a toonie.\u00a0 Five bill denominations ($5, $10, $20, $50, $100) are all in different colours and the latest issues feature the Queen or former Prime Ministers on the face, and Canadian cultural and historical icons on the reverse.\u00a0There used to be a picture of Lake Moraine on the $20 note. Check your bigger notes for watermarks to ensure that they are not counterfeit.<\/p>\n<h3>Credit Cards<\/h3>\n<p>Most merchandisers accept credit cards especially around Banff and the more touristy spots. Be aware that most cards\u00a0charge a transaction fee for foreign currency transactions.\u00a0Also, it is a good idea to inform your bank prior to travelling that you will be abroad. It is becoming more common by anxious banks to block credit cards if they notice unusual transactions on your credit card and it can really be diffiuclt to enjoy yourself without a penny to your name.<\/p>\n<h3>Travellers&#8217; Cheques<\/h3>\n<p>This isn&#8217;t a very popular option around Canada and they may also be subject to a fee.<\/p>\n<h3>ATMs<\/h3>\n<p>ATM (Automated Teller Machine) networks include <a title=\"Plus\/Visa \" href=\"http:\/\/visa.via.infonow.net\/locator\/global\/jsp\/SearchPage.jsp\" target=\"_blank\" rel=\"noopener\">Plus\/Visa<\/a> and <a title=\"Cirrus\/Master Card\" href=\"http:\/\/www.mastercard.com\/us\/personal\/en\/cardholderservices\/atmlocations\/index.html\" target=\"_blank\" rel=\"noopener\">Cirrus\/Master Card<\/a>.\u00a0Travellers have often had problems using foreign cards in Canadian ATM\u00b4s but this problem can again generally be solved by talking to your bank prior to travelling.<\/p>\n<h3>Banks or Credit Unions<\/h3>\n<p>Avoiding the easy option of changing your currency at the hotels front desk can go a long way to keep your spending in check. Instead, head to a local bank or credit union. Some banks have the daily exchange rate posted at the entrance. You will receive a\u00a0much more favourable rate this way. Some shops will accept American dollars but few other currencies will be considered.<\/p>\n<h3>Major Banks\u00a0of Canada<\/h3>\n<p>There are 5 big bands in Canada that dominate the industry.\u00a0 <a title=\"RBC\" href=\"http:\/\/www.rbcroyalbank.com\/personal.html\" target=\"_blank\" rel=\"noopener\">RBC<\/a><strong> <\/strong>(Royal Bank of Canada), <a title=\"TD Canada Trust \" href=\"http:\/\/www.tdcanadatrust.com\/products-services\/banking\/index-banking-b.jsp?mboxSession=1390326849005-776382&#038;\" target=\"_blank\" rel=\"noopener\">TD Canada Trust<\/a> (Toronto-Dominion), <a title=\"Scotiabank \" href=\"http:\/\/www.scotiabank.com\/ca\/en\/0,,2,00.html\" target=\"_blank\" rel=\"noopener\">Scotiabank <\/a>(Bank of Nova Scotia), <a title=\"BMO\" href=\"http:\/\/www4.bmo.com\/bmo\/tools\/ABMLocator\/step1\" target=\"_blank\" rel=\"noopener\">BMO<\/a><strong> <\/strong>(Bank of Montreal), and <a title=\"CIBC\" href=\"https:\/\/www.cibc.com\/ca\/personal.html\" target=\"_blank\" rel=\"noopener\">CIBC<\/a> (Canadian Imperial Bank of Commerce).<\/p>\n<h3>Airport Exchange kiosks<\/h3>\n<p>Another easy option which is best avoided if possible. Rates are not great.<\/p>\n<h3>Regarding U.S. dollars<\/h3>\n<p>Canadian businesses do often take U.S. currency but only as\u00a0a courtesy so don&#8217;t get too used to it. You will almost certainly receive Canadian dollars for your change.<\/p>\n<h3>Crossing the Canada-U.S.\u00a0Border<\/h3>\n<p>Crossing the border until recently was quick and painless. It still is in relation to other countries but there are more uncertainties involved. Recent\u00a0changes may affect what documentation travellers need to visit Canada and return home. For non-American visitors, a passport will usually suffice but there are lots of exceptions: <a href=\"http:\/\/www.cic.gc.ca\/\" target=\"_blank\" rel=\"noopener\">http:\/\/www.cic.gc.ca\/<\/a><\/p>\n<h3>Tipping and Gratuities<\/h3>\n<p>In Canada, rarely is the gratuity included in the bill. 15% is considered standard and 20% for exceptional service. Keep an eye on the bill when it comes to make sure that the tip is not included. You don&#8217;t want to pay over the odds. Tipping is also common in hotels, hairdressers and more.<\/p>\n<p>Check out <a href=\"https:\/\/banffnationalpark.com\/visitors-information\/\" target=\"_blank\" rel=\"noopener\">the visitors&#8217; information section<\/a> for more information<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Banff, Alberta Currency 101 The introduction to Canada may not be as intimidating as the&hellip;<\/p>\n","protected":false},"author":123874,"featured_media":2119444,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[27],"tags":[161],"class_list":["post-370","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-visitors-information","tag-featured"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Banff, Alberta Currency 101 | Banff National 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\/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/kgordon.schultz\" \/>\n<meta property=\"article:published_time\" content=\"2009-02-24T12:08:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-05-06T11:13:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/banffnationalpark.com\/wp-content\/uploads\/2009\/02\/banff-alberta-canada-money.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"610\" \/>\n\t<meta property=\"og:image:height\" content=\"350\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"K Gordon Schultz\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@explorebanff\" \/>\n<meta name=\"twitter:site\" content=\"@explorebanff\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"K Gordon Schultz\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. 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He brings a wealth of experience and knowledge to the role, having spent many years working in the golf industry. Schultz has been a member of the Canmore Golf &amp; Curling Club for over 40 years and has been actively involved in the club\u2019s operations since he joined. He was elected to the Board of Directors in 2001, becoming Club President in 2005. In 2019, he was acclaimed as Club Vice-President, assuming the role of Club President again in 2022. In addition to his work at the Canmore Golf &amp; Curling Club, Schultz is also an avid traveler. He has visited over 30 countries around the world, on all continents. But his most enjoyable travel experiences have come from within Canada, visiting many of Canada's National Parks including Banff National Park, Yoho National Park, Jasper National Park, Kootenay National Park, Grasslands National Park, Mount Revelstoke National Park and Pacific Rim National Park. 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