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| *Travel Tips>>>General - Europe (Continental) Travel Tips |
Exchanging Euros for Dollars? |
Travel Info I have a bunch of left over Euros from my business travels and want to find the best place in Los Angeles to convert them to dollars. I assume banks, but is there a better place? Is there a place where they don't tax me an arm and a leg to do it? Travel Tips If you have a few left over, (say 40 euro or less) change at a money changers where they do not charge, (but give you a worse rate.) If you have a moderate amount (50 euro to where the tax people are starting to ask for their part) bank offices do the best job. They charge a flate rate fee, usually about $5 per transaction or maybe by now it is $10, but give you a better rate on the exchange than the no fee places. If you have so much that you should pay tax, but not a lot over that limit, take half that money now, and half in a few months to the bank. If you have much more, go and pay the tax over it, rather than risking getting caught and having to pay fines over it. But you should have thousands of Euros before the tax people even bother to look. Others Any NATIONAL Bank in the U.S. can cash your Euros for Dollars. Banks give the best rates even in foreign countries. You will still have to pay the usual Cambio fees. To avoid being hit Stateside, try the Bank you regularly do business with. Otherwise, I suggest you go to LAX Departure and try. If that doesn't help, just wait for your next trip to Europe and remember the best place to convert Euros to Dollars is at a Border, Port or Airport when you are departing Stateside again. Good Luck |
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