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sjde53 Feb 22nd, 2006 08:32 AM

ATM use
For small purchases (too small for credit card), is it better to use an ATM to get cash, or exchange dollars for Euros at one of the exchange places?


Budman Feb 22nd, 2006 08:38 AM

Yes. Use the ATMs. The exchange places will "rip you off." ((b))

Michael Feb 22nd, 2006 08:40 AM

Use the ATM. If your bank charges excessive fees, consider opening an account with your local credit union (mine charges no fees for foreign transactions).

suze Feb 22nd, 2006 08:41 AM

ATM will give a better rate of exchange. But your home bank may charge you a fee per transaction ($0-5USD is typical). For small amounts of money I would use whichever is more convenient.

Intrepid1 Feb 22nd, 2006 08:46 AM

Definitely an ATM. I use my credit union cash card and am charged a very minimal fee per ATM transaction.

Don't get sucked into ANY of those change bureaus as they make their money in the following two ways: either by giving you a relatively decent exchange rate and then soaking you with a high commission fee OR they advertise that they charge no commission but they get you with their bad exchange rate.

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