Money & ATM Scams in Victoria

Inflated Currency Exchange at Inner Harbour Kiosks

Currency exchange kiosks near the Victoria Inner Harbour and along Government Street offer rates to US visitors that are significantly worse than the Bank of Canada interbank rate, often with a 6–12% spread plus an undisclosed flat fee. The Inner Harbour area draws large numbers of day-trippers arriving by seaplane and foot ferry from Washington State who need Canadian cash quickly, making them prime targets for unfavourable exchange rates. Hotel front desks in the Humboldt Street and Wharf Street area also operate exchange counters with poor rates.