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Anna

Where is the best place to get Euros?

I'm off to Lanzarote on Thursday :D

Wheres the best place to get Euros?

Also, if i use my debit card to pay for goods or to withdraw cash from ATMs, will I get charged? I have a graduate account with HSBC.

Thanks!

    



Show all answers


tizhimi
Do it abroad - HSBC will charge you £1.50 per transaction but you will save this in the exchange rate.

I have lived in the med and Luxembourg and this was the best way of getting money out - don't do it in the UK. It maybe commision free however they sting you on the crap exchange rate they give you.

You get the bank rate if you take it out abroad. when they give you the option - always take it out at the euro rate not the £ rate at the cash machine.


Danru
Just get your cash from an ATM when you get there. You will be charged but you'll also be charged from any money exchange. It's much of a muchness but you should get a decent exchange rate.


Quicksand
Rating
if you want to take it with you is better to change it in the bank they will give you the better price for it and it is also better for you to get it stride from the ATMs machine and don't bother ,it is at any airport in Europe there are several machines and they will charge less than 2 Euro .travel save


Kris Matrix
Europe!!


Tommy Wo
Always use a major credit card (not your debit card) as much as possible when traveling overseas. Just like the U.S., pretty much every where in Western Europe accepts plastic now and it's so much easier and safer than carrying around a big wad of cash. When I travel to Europe, I usually exchange a small amount of currency at either my local bank or go the nearest AMEX store. AMEX keeps the more popular foreign currencies on hand so there's no waiting for your currency to be mailed or overnighted to you.

However, my fiance and I went to Scotland last month and I actually arrived in Edinburgh with no foreign currency of any kind, so my first stop was at the nearest ATM. I withdrew 100-200 GPB twice during our week-long trip just to have money for cab fare, lunch, coffee, etc; I used my credit card for any other purchases such as hotels, train tickets, formal meals, gifts, etc. There is no "best way" to exchange money anymore; banks these days are so greedy that they're all going to stick you on the exchange rate.

I would recommend using your credit card because you know that you're going to get whatever the bank's official exchange rate is for that day. It may not be the "best" rate, but you can be sure that you're not going to get ripped off. Try to avoid exchanging currency at local businesses and money exchange businesses...that's where you really get hosed.

Also, forget about Traveler's Checks. Now that so much of Europe takes credit cards, they are becoming somewhat passe'. In fact, a lot of places in the U.S. don't issue them any more and a lot of places in Europe don't accept them. AAA no longer issues them and instead issues VISA debit cards.

And finally...be sure to call your credit card company before you go and let them know that you're traveling overseas. Some credit card companies will cut off your card if a lot of foreign transactions start showing on your account. I visited Poland a few years ago and when I got home I had two messages from my bank informing me about "non-standard activity" on my credit card.

Enjoy your trip!


indigo_mink
Rating
You can go to your own bank. Usually they need to order it, and it will take a couple of weeks. (Yeah, the US bank are medieval when it comes to banking.

You can change your money on Lanzarote (what a nice place to visit) at the airport, your hotel, or a bank.

I do not think, that your debit card would work in another country, but your bank is able to answer this questions and their fees.


Sasha
Get them from the Bank you do business with. The foreign exchange section will sell you euros and its best not to use your debit card abroad - You will be charged to the hilt.


socca playa
Europe. I heard they have alot of Euros there.


Rubix Master
Rating
ask the bank or go to europe and exchange there


Ez J
not at the airport! what a ripoff there!


Belle
oh gosh don't use the ATM, yes you will be charged alright. Chase bank or the airport before you leave. It is the best way. You can also try your local bank. Good Luck


Jan409
Rating
Marks and Spencer and Tesco are pretty good for exchange just now

or you could wait and get euros when you arrive in Lanzarote

your debit card will be charged for using ATM's
some places charge extra on your card for goods, and some don't


simply_made
The obvious answer would be in europe.

You can also exchange currency at the airport (most international airports have forign exchange counters) of course there is a fee for the exchange.

When you use your debit card for purchases overseas or cash, hsbc will credit your account the current exchange rate for that date from euros to us dollars.


achilles500
Rating
The Post Office do not charge commission.


Pearl
Rating
The bank... duh


quincyboi06
tally


Hedge Witch
Go to the post office - no charge there


soccer stra
europe


Clint
Rating
on pavement beside Victoria Station-saves commission
expensive to use a debit card abroad-a credit card would be slightly cheaper but cash best


DOINK
Rating
get your euros from the post office


quodvultdeus
Try www.currency-express.com I bought some Canadian $s from them in the summer. They arrived the next day and it was also the best rate on the internet and the highstreet; they'll buy back any unused currency too.

Don't use cards overseas, your provider will rob you. Not only will they charge you a fee for every time you use your card overseas (except Nationwide), but they will also give you a crummy exchange rate. For Euros/Sterling it'll probably be parity i.e. 1 to 1!!

I prefer to buy the notes before I go overseas - that way I know if there's no atm at the airport I can still catch a bus/taxi. It also helps me keep track of how much I'm spending!


allygator
you'd have to either go to a bank or i think they have one at the airport to have your money transferred to euros


joshuadfong
Rating
a bank


NerdSupreme
In alot of foreign countries, they have kiosks where you can exchange your money into Euros. And they have them in lotsa airports.


Mike C
Rating
Best place for Euros is the Post Office, Best rates. Yes you will be charged for using debit/credit cards unless you have special arrangement with Bank.


Rebekah&:)
Rating
My friend Sia's house.

She's hardcore greek.


mel
Rating
the bank is the best choice


i am a leaf.
marks and spencers:)!


Steve S
Rating
Thomas Cook?


AJ
Rating
Europe, are you dumb?


Shaheed T
Rating
eur



Rating



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