Friday, March 30, 2012

Converting to Euros?

I%26#39;m trying to get a little money converted before we go to Paris. The bank said they will use the daily conversion and then add $3 service fee onto it. Should we just get enough to cover food and transportation once we get there?





When we convert in Paris itself, do they just go by the daily conversion or do they add fees also? Is the best way to get euros in France by going to an ATM machine and just get Euros out of them?





Thanks!




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The very best rate you will receive is at an ATM in France.





Today, the %26quot;interbank%26quot; rate is €1.4 = $1 (or $1 = .713).





When your bank quotes a rate, it%26#39;s the rate according to them...





It is definitely best, however, to pay the extra and have enough Euros when you land to get yourselves a bottle of water and to wherever you%26#39;re staying.





Check with your bank for their fee when making ATM withdrawals.





And, find out what time they are offline for their overnight processing.





If you are planning any future trips to Europe, have enough Euros when you return home for the next trip.

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