exchange rate
#2
Joined: Apr 2003
Posts: 174
Likes: 0
I like to hit an ATM at the airport as soon as I arrive in another country. I find I usually get the best exchange rate that way. I should mention that my bank does not charge an "out of network" fee, which is something you need to consider.
#4
Joined: Jan 2003
Posts: 11,244
Likes: 0
There have been many threads on this topic on the Europe forum. Type in ATM in the search box.
Bottom line, if you want the best rates, use your ATM card in Italy. If you get some Euro at the airport before you depart, you will be charged considerable fees, plus a lousy exchange rate.
When you get to Italy and you exchange $$$ for Euro, you will also get a bad exchange rate.
Use the ATM card. Most take the money out of your checking account.
Bottom line, if you want the best rates, use your ATM card in Italy. If you get some Euro at the airport before you depart, you will be charged considerable fees, plus a lousy exchange rate.
When you get to Italy and you exchange $$$ for Euro, you will also get a bad exchange rate.
Use the ATM card. Most take the money out of your checking account.
#7
Joined: Jan 2003
Posts: 11,244
Likes: 0
Topping, waiting for someone to chime in with "I always like to have some Euro with me when I land so I always get $50 to $100 worth at the airport."
If that makes you feel warm & fuzzy, then do it, but you will have to pay extra for that warm & fuzzy feeling.
If you are inquiring about changing "green backs" into Euros, you would probably get the best rate at a bank in Italy.
If you want the best exchange rate, the ATM card in Italy will give you that.
If that makes you feel warm & fuzzy, then do it, but you will have to pay extra for that warm & fuzzy feeling.
If you are inquiring about changing "green backs" into Euros, you would probably get the best rate at a bank in Italy.
If you want the best exchange rate, the ATM card in Italy will give you that.



