Do stores in the USA have to accept foreign money? What about Canadian coins? What does the USA have to accep?
Do stores in the USA have to accept foreign money? What about Canadian coins? What does the USA have to accept?
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A store can accept anything they want — US currency, foreign currency, and so on. They are not obligated to accept foreign money, and indeed, most don’t. The only places that might take foreign money would be places near the border that cater to a large number of foreigners — and it’s far more likely to happen along the Canadian border than the Mexican.
The Government of the United States can only accept US money as payment for taxes, fees and tariffs.
No, stores in the USA do not have to accept foreign money or Canadian coins. Any business retailer does not have to accept any payment they do not want to. Just because it is legal tender does not mean the company must accept it.
Best option is to get your money exchanged via currency exchange at a banking establishment.
There is only 1 recognized form of US currency, and that just so happens to be US currency. A store, however, does not have to accept US currency, much less foreign currency. A store, technically, could accept any (legal) form of payment. If a store only accepted payment in the form of bubblegum if that is what they choose.
Any store can, if they wanted to, accept foreign currency. Most don’t as it tends to get a bit complicated.
They do not HAVE to accept any foreign currency, because here in America the standard is the dollar. That is all they have to accept. Some boarder states MAY accept foreign currency as it could be beneficial to the market they are trying to capture.
I heard on Fox News that Obama wants to force stores to accept currency from Kenya.