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radhar
All American
7475 Posts
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Where other than the airport can you exchange dollars for Euros?

2/5/2008 4:52:41 PM

TenaciousC
All American
6307 Posts
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Some banks will do it

2/5/2008 4:53:35 PM

BigMan157
no u
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the FED

2/5/2008 4:54:28 PM

TreeTwista10
minisoldr
148358 Posts
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some of the coffee shops in amsterdam take $USD so dont worry you'll be fine

2/5/2008 4:57:15 PM

Slave Famous
Become Wrath
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I do it all the time online

If you're moving money between currencies the Euro is a great intermediary because of its relative stability

For example, you want to turn 300,000 American dollars into Japanese Yen...you first change it into Euros, then Yen...the slight risk of a negative downturn in relative value overrides the fees you'll pay to flip the money twice...Only doesn't work if you're transfering in or out of Pounds Sterling

[Edited on February 5, 2008 at 5:00 PM. Reason : this only applies to transfer greater than 10,000 or so...anything less and you do it directly]

2/5/2008 4:58:47 PM

xienze
All American
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Believe it or not, taking money from your checking account via an overseas ATM can be the best way to do it. I was in Germany recently and that's what I did. The bank exchanged using the current rate (it was something like 1.47:1 at the time) and charged a flat fee of about $3. My friend, on the other hand, went to those little exchange shops and got ripped off. They were all giving about 1.50:1 AND charged a percentage.

[Edited on February 5, 2008 at 5:29 PM. Reason : ...]

2/5/2008 5:28:36 PM

radhar
All American
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I have to pay the Italian embassy the Visa fee in Euros. I guess I will just go out to the airport to do it.
poo

2/5/2008 5:30:55 PM

jataylor
All American
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^^yep atm is the best way to do it

[Edited on February 5, 2008 at 5:31 PM. Reason : .]

2/5/2008 5:31:03 PM

xienze
All American
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^^ Yeah, but do you have the option of using a credit card to do it? That would be better than withdrawing money and having it converted.

2/5/2008 5:35:12 PM

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