Originally Posted by
CanuckFlyHigh
I am also confused here. Is this trying to offer a simple way to hedge exchange rates? Anyone with any sort of sophisticated banking can do this on our own, without lending AC money.
Agreed. It's tough to see what the value proposition is here.
Then again, they may simply be banking on the fact that most Canadians are clueless about personal finance. Some may look at this and think it's a good deal. Almost anything will sell if you market it to fools.