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Changing Korean won to Canadian $$ here

 
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Fofazoju



Joined: 09 May 2006

PostPosted: Mon Jul 21, 2008 7:39 pm    Post subject: Changing Korean won to Canadian $$ here Reply with quote

This may be a dumb question, so FORGIVE ME in advance....

Im heading to Canada soon, and was wondering if it makes ANY difference at all with the rate etc. how I get Canadian money.

Example...Does it make sense to change my Won to US here and then once I get to Canada change the American to Canadian??? Im clueless when it comes to stuff like this.

Thanks Smile
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JungMin



Joined: 18 May 2005

PostPosted: Mon Jul 21, 2008 8:15 pm    Post subject: Reply with quote

Why buy American dollars first? Just buy Canadian dollars here.
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DaeguKid



Joined: 09 Dec 2006
Location: Daegu

PostPosted: Mon Jul 21, 2008 8:29 pm    Post subject: Reply with quote

no, that is a bad idea. Buy Canadian. If you buy Yank and convert again to Canuck then you just paid two service charges.
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Kimbop



Joined: 31 Mar 2008

PostPosted: Mon Jul 21, 2008 8:43 pm    Post subject: Reply with quote

Convert to US dollars here, then take them to Canada, then convert to Canadian $. While in Canada, re-convert to WOn, and you'll have more than when you started! Repeat the process several times, and you'll soon have kabillions of dollars!

Option B would be to exchange your Won for USD in Namdaemoon from the gangster money-changing Grandmas. You'll get a better exchange rate and conceal your paper trail. I also urge you to grab one of their sacks and run. Let me know what happens.
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KAMAKAZI



Joined: 14 Mar 2008
Location: Jamshil

PostPosted: Mon Jul 21, 2008 11:08 pm    Post subject: Reply with quote

Kimbop wrote:
Convert to US dollars here, then take them to Canada, then convert to Canadian $. While in Canada, re-convert to WOn, and you'll have more than when you started! Repeat the process several times, and you'll soon have kabillions of dollars!

Option B would be to exchange your Won for USD in Namdaemoon from the gangster money-changing Grandmas. You'll get a better exchange rate and conceal your paper trail. I also urge you to grab one of their sacks and run. Let me know what happens.


Where can one find these "gangster money-changing Grandmas" in Namdaemoon? Worth a shot to check out their rates Very Happy
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chevro1et



Joined: 01 Feb 2007
Location: Busan, ROK

PostPosted: Tue Jul 22, 2008 3:08 am    Post subject: Reply with quote

Why not just do a bank transfer to your Cdn account a few days before you fly out?
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yupkime



Joined: 03 Nov 2004
Location: Somewhere far away from Seoul

PostPosted: Tue Jul 22, 2008 6:42 am    Post subject: Reply with quote

didn't know they were gangster related but they do indeed have the best rates in town and quick service too ... Very Happy
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Kimbop



Joined: 31 Mar 2008

PostPosted: Tue Jul 22, 2008 7:53 am    Post subject: Reply with quote

KAMAKAZI wrote:

Where can one find these "gangster money-changing Grandmas" in Namdaemoon? Worth a shot to check out their rates Very Happy


Keep walking through the labyrinthian cockles of Namdaemoon's streets. You'll find 5-10 halmonies (depending on the day) furthest away from Seoul yuck.

chevro1et wrote:
Why not just do a bank transfer to your Cdn account a few days before you fly out?


When most of your income is made illegally and is then given a paper trail for authorities to follow, red flags may arise; usually from the Korean end.*

*Then again, maybe not. But I'm a conspiracy theorist. And I hate paying taxes.
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