CPM Forum
General => General Forum Comments => Topic started by: AJG on March 05, 2024, 07:33:55 pm
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I noticed today, when I went to the Scotiabank today, one of the ATMs had supposedly replaced $10 notes with US $20 notes. If memory serves correctly, by August last year the ATMs had replaced $5 notes with $10 notes, and it makes me wonder that, with this latest development, all ATMs at Scotiabank will replace the smallest denomination with US $20 notes, and the $10s replacing the $5s was nothing more of a stopgap measure and the corporation had no intention to make the $10 notes in ATMs a permanent thing? Could this be the beginning of a phase-in period for US $20s replacing $10s in Scotiabank ATMs?
I have a feeling that all Scotiabank ATMs will be ten-less by summer.
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I noticed at my branch today that tellers were able to obtain US currency in all denominations from the cash dispensing machines behind the counter, the same ones that dispense Canadian. I mentioned it to the teller and she confirmed that this was a 'new feature' that saves tons of time instead of them having to retrieve US currency from a time lock safe.
As for US from an ATM, I wonder how the transaction amount is calculated? what exchange rate they use at ATMs? I'd rather deal with a teller for US.