So my Grandparents sent me some funds from England as a gift. I went to the bank, and instantly exchanged the money from British Pounds into Canadian dollars with cash.
This made me think. Would the banks allow me to instantly convert my money into any currency?
Then if I come back another day, would they allow me to exchange that into another currency?
And so on and so forth so I keep making a profit based on the daily exchange rates?
Do they allow that directly done in person with cash?
Or online?
Because it seems like quite and easy way to make money if you have the patience.