Best way to buy euros?
Oct 26, 2012, 4:25 pm
#1
Original Poster
Join Date: Sep 2009
Location: Los Angeles
Programs: Marriott Platinum, Hilton Diamond
Posts: 703
Best way to buy euros?
Is it best to convert USD to Euros before you leave the US or when you arrive in Germany?
If I should buy Euros before we leave, should I do it at my bank or AAA or somewhere else?
Thanks!
If I should buy Euros before we leave, should I do it at my bank or AAA or somewhere else?
Thanks!
Oct 26, 2012, 6:01 pm
#5
Join Date: Jan 2009
Location: LHR (sometimes CLE, SFO, BOS, LAX, SEA)
Programs: UA 1K
Posts: 5,893
If you have a Bank of America account, you can even withdraw euros at a German Deutsche Bank ATM with no transaction fees at all (http://en.wikipedia.org/wiki/Global_ATM_Alliance).
Oct 26, 2012, 11:32 pm
#6
Join Date: Aug 2002
Location: San Francisco
Posts: 2,348
I agree that ATM is the best bet for foreign currency, especially if you have an account that doesn't charge (or will reimburse you for) a transaction fee.
What about if you have cash to convert? Is there any rule of thumb if it's usually better to convert in the country of the buying currency vs. the selling currency?
In particular, to convert swiss francs (cash) into euros, is it generally better to do the conversion in Switzerland or in France?
What about if you have cash to convert? Is there any rule of thumb if it's usually better to convert in the country of the buying currency vs. the selling currency?
In particular, to convert swiss francs (cash) into euros, is it generally better to do the conversion in Switzerland or in France?