How To Order Foreign Currency Online (2024)

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How To Order Foreign Currency Online (11)

How To Order Foreign Currency Online (12)

Get foreign cash in just a few clicks

Planning a trip? It's free and easy to order foreign cash before you go.

4 steps to ordering foreign currency online

How To Order Foreign Currency Online (13)

Step 1 of 4

Choose from up to 65 currencies

Sign on to online banking and select "Order Cash Now". Follow the prompts to select your currency and amount, confirm exchange rate, and add additional currencies.

How To Order Foreign Currency Online (14)

Step 2 of 4

Select delivery method

Choose from 2 delivery locations: CIBC Banking Centre or home.

Delivery is free and takes 1 to 3 business days1. Home deliveries are made by Canada Post.

Don't know what to choose?

How To Order Foreign Currency Online (15)

Step 3 of 4

Complete payment

Review your order and choose a CIBC account to complete your payment.

How To Order Foreign Currency Online (16)

Step 4 of 4

Confirmation

Once you submit your order, you'll see your confirmation screen. Select "Order Status" to track your order.

You'll also receive a confirmation email. If you chose delivery to a banking centre, we'll notify you by email when your order is ready.

Which delivery option is best for me?

How To Order Foreign Currency Online (17)

  • No delivery fee
  • Delivered within 1 to 3 business days1
  • Choose your closest banking centre
  • You'll get an email when your order is ready for pickup

How To Order Foreign Currency Online (18)

  • No delivery fee
  • Securely delivered by Canada Post within 1 to 3 business days1
  • If you're not home, your package will be held at the nearest Canada Post office
  • Maximum order value is $2,500 CAD

Ordering foreign currency online is easy

How To Order Foreign Currency Online (19)

No fee

There's no charge for online foreign currency orders.

How To Order Foreign Currency Online (20)

Competitive rates

Get CIBC's preferred rates and avoid costly ATM fees abroad.

How To Order Foreign Currency Online (21)

Flexible delivery

Get your cash delivered to your banking centre or home.

How To Order Foreign Currency Online (22)

Up to 65 currencies

Choose from a large selection of currencies from around the world.

Need support? We're here.

How To Order Foreign Currency Online (2024)

FAQs

How to order foreign currency online? ›

Typically you can access the currency exchange webpage through your bank's website or mobile app, or by phone. From there, you usually enter the currency you need, add the desired amount, select the pickup method and place your order.

Is it safe to order foreign currency online? ›

Denominations are always subject to availability. Is it safe to order foreign currency online? Yes.

How to buy small amounts of foreign currency? ›

Yes, you can order currency online. You can choose to buy your travel money online and have it delivered to your home, or you can order it online and pick up for free in your nearest Asda Travel Money bureau with Click & Collect. You simply choose the amount you want and select your delivery option when you purchase.

Is there an app to buy foreign currency? ›

1. Xe Currency Converter – Best App Overall. The Xe Currency Converter consolidates exchange rates, money transfers, rate alerts, analytics, and payment trackers into a comprehensive, all-in-one solution for users.

Will my credit card charge me for buying foreign currency? ›

Most credit card providers charge you a fee for currency conversion when you're abroad – and for withdrawing cash abroad you may also be charged a cash withdrawal fee. Your exchange rate will be set by your payment scheme provider – either Visa, Mastercard or American Express.

Can I walk into a Bank of America and get foreign currency? ›

Any Bank of America customer can exchange foreign currency at any financial center.

Can I use PayPal to buy something in a different currency? ›

Enter the amount, choose the currency, and add a note if needed. Our conversion rate will be displayed. Click Continue. Select either, "Paying for an item or service" or "Sending to a friend" if available.

What happens when you order something in a different currency? ›

If you are buying online you are paying electronically, with a credit or debit card. You pay in whatever currency the seller asks for, Euros, US dollars, Batavian Florins or whatever. The card company (Visa, Mastercard etc.) converts this to the currency of your card and charges you that amount.

Should I order foreign currency from my bank? ›

Before your trip, it's best to do a currency exchange at your bank or credit union, which likely offers better rates and fewer and/or lower fees. Your bank or credit union may buy back leftover foreign currency in exchange for dollars when you return.

How much do banks charge to buy foreign currency? ›

Foreign transaction fees typically range from one to three percent on average.

Should I get foreign currency before I travel? ›

Should I get foreign currency before I travel? You don't need to, but if you want to, Granite said, “Your bank can definitely give you a wonderful experience, provided the U.S. dollar is stronger before you leave.”

Can I order foreign currency through US bank? ›

You can order your currency via the mobile app or online banking. Exchange rates are updated daily and displayed at the time of order.

Is it better to exchange currency at home or abroad? ›

Where to Get Good Rates: ATMs and Local Banks. The best place to exchange money is a local ATM or a bank. Many foreign banks are happy to exchange your dollars for local currency for a better rate than you find elsewhere, or you can go to an ATM to skip the line.

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