I went to Regions to get some Euros. Girl told me the buy rate was $1.02 per Euro. When I said i would take some, she realized she had screwed up(maybe her buy rate?) and told me the sell rate was $1.17 per Euro. So 15% markup?!?!?!

Was told getting cash out in Europe is better? 3% fee, max $500-800 per day? Is there a better way?

Guess I'd better get my cash before i get to Greece, right?

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Posted by iAmBatman

The Batcave

Member since Mar 2011

12382 posts

Posted on 7/10/15 at 1:52 pm to Mung

She definitely screwed something up because it's currently running around 1.10. There's no way their buy quote was 1.02. I'd guess that she wasn't using the correct currency pair.

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Posted by Teddy Ruxpin

Member since Oct 2006

39649 posts

Posted on 7/10/15 at 2:07 pm to Mung

1) Have a checking account with a bank that doesn't charge fees/reimburses fees like Charles Schwab
2) Take cash out of ATM when you get there.
3) Bring credit card with Chip and PIN capability that charges no foreign transaction fees

This post was edited on 7/10/15 at 2:08 pm

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Posted by Tigah in the ATL

Atlanta

Member since Feb 2005

27539 posts

Posted on 7/10/15 at 3:03 pm to Mung

Certain banks have good ATM policies over there.

Bank of America isn't one of them.

Note that most chip cards are chip-signature cards, which confuses the hell out of people over there. You have to look for a chip-PIN card.

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Posted by Spirit of Dunson

Member since Mar 2007

23111 posts

Posted on 7/12/15 at 2:31 pm to Mung

Call your bank (and CC company) and tell them you are going to Europe and ask them. Sometimes they will see foreign withdrawal or purche attempts as a sign of a stolen card and freeze it. This has happened to me (many years ago).

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