Use your debit card at an ATM when you land in the EU to withdraw a large amount of Euros. They'll change you a one time fee but the rate is generally good. Don't just withdraw a small amount (<100 Euro) as the one time fee will make it not economical. Buying Euros locally or at those airport exchange windows is generally a bad deal.
Agree. Brombal is the best and quickest way to go so that you can avoid the money changers in the airports, etc. which charge large fees. And check to see if your bank has an affiliate in the country where you are going. If so, many waive the ATM fees.
Make sure your debit card is euro friendly and that your bank is connected to a euro bank. Euro banks use 4 digit PINs, at least that's what I was told. Can't have a 0 as the first digit.
DON'T use the ATM's @ the Airport(s), DO use your ATM card to obtain Euro's IN TOWN...
Depending on what EU country you are visiting, make sure you have a CHIP for your credit card. Also, notify your bank and credit card companies prior to leaving where you will be visiting... Be fore warned that there are some countries like The Netherlands that does not readily accept credit cards at stores, but take them in Hotels...
Just a handy tip to consider: on the last day of our trips we always take out 7-800 euros so we will have them already on hand for our next trip to the EU...saves us a lot of time and headaches!!
Hey.... have a wonderful time regardless of whether you leave home with a pocket full of euros or not and have to get your first handful when you land.
I buy mine at Chase for the best conversion rate. It takes 1 to 2 business days for them to receive them. I also try to bring back a few hundred Euros with me, but that's always a risk with the conversion rate so don't buy too many.
I once travel to Paris and bought Euros in 3 places in a row. The worst was the currency exchange in the airport, then the hotel. The best rate was the ATM also in the airport. Not all bank cards do this, some charge a fee. The schwab card does not charge a fee and you get the right rate. Local banks ( here in the US) charge too much.
Do not buy foreign money overseas; especially at booths on the streets, airports, train stations, bus depots and on cruise ships! You will be legally robbed by the exchange rate. If you go to Mexico, you will got about 15 Pesos to the US Dollar last week at the airport of any city. At Paul Brombal, here in Santa Barbara, the quoted rate was over 18 Pesos to the US Dollar. I rest my case.
The ATM at your destination. You get the current exchange rate for that day, a tiny markup (maybe?) and a small one-time fee. Buy as much as you need for your entire trip or whatever amount you feel comfortable carrying around. Use credit cards whenever possible unless your cc company charges an extra fee for foreign transactions (good to check before you go). Bon Voyage!
Another vote for Paul Brombal on State Street, parking in the back. We usually get $50-$60 worth enough for a taxi ,1st day of food, emergency. Europe is full of ATMs where you will get your best exchange rate. Chase Sapphire, American Express don't charge exchange fees. Call your credit card companies to make sure they won't charge you a transaction fee.
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