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Thread: Changing Euros into Dollars in Germany
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Old Jun 6, 2008 | 1:03 pm
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Tenerife
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Join Date: May 2005
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Originally Posted by RS250Racer
Hey all, I hope I am posting this in the right place. I will go visit my friend next week in Germany and he owes me some money and will pay me in Euros. I will keep some in Euro to spend and use for future travel but will want to convert some back to dollars and bring home with me.

I will need to change about 2-3000 Euros, where will I get the best rate, just a regular bank? Money changer?

Anything else I should now about cash limits while going into/out of DE and USA?

Thanks!! ^
You may get other and better answers to this, but our best recent experience in changing Euros to Dollars ended up being at the AMEX office in NYC. On the same base exchange rate, the money changers in NYC wanted up to 11% (?!?) commission, the banks around 3%, and AMEX charged me (as a non credit-card holder) a flat $4 for the transaction. Cardholders would save $1 and only pay $3. (And the sum was €2,500.) I'm guessing this might be a standard AMEX charge. AND we ended up with more than we could have gotten in Germany. Check with your AMEX in SF before you fly to Europe.

I think amounts under $10,000 don't have to be declared in or out of the US.
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