Exchanging currency, home or abroad?
Do you generally get a better deal in the destination country than at home?
- LadyMertonLv 71 month agoFavourite answer
Use ATM for best rate in the country you are in. only exceptions are places where ATM are rarer.
Check with your bank or credit union for the best Foreign Currency exchange rates
- 2 weeks ago
destination country was good for me
- conley39Lv 71 month ago
I generally exchange currency at my own bank at home.
- hihi!Lv 71 month ago
I once looked into maybe rubles, maybe Euros from USA Wells Fargo. EXHORRIBLEANT. Horrible and exorbitant all in one. Some 10 or 20$$ locator or delivery fee. Bring clean untorn unmarked- no bank stamp, pen ink marks, black or red marks on the margins. Sometimes the exchange will refuse them. Thailand for one gives a better rate for 50s and 100s than 20s or lower.
If you want to change say $100, and all places have commission, ask "how many (pesos, baht, Euros, rubles) do you give me for $100?" Some charge flat rate others a percentage. This was Czech Republic. They may post 24.65 koruny but taking a flat rate give you less than one posting 24.50. Use the ATM! Our credit union almost always eats the ATM fees. Netherlands charged 3 Euros per ÀTM transaction, so take big amounts if that is the case. Do not exchange cash in most airports. They rob you without a gun. Use ATM as bus, taxi, metro, etc will require local cash. Some metros or bus terminals sell tickets or entry cards on credit/ debit card. UAE does in major metro stations. Some require cash.