Where can I get the best foreign currency exchange rate?

3 Answers

Best Answer

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  genkidesu

  on Jun 29

  Definitely check with your bank! I used to work for a bank back home in Australia, and it was way cheaper than getting cash out at the airport (they're notorious for some pretty massive surcharges!) I will say though, that banks do still usually charge a little bit for the currency conversion, so it's usually best to check with who you bank with to check what their fee is. Some places will charge you a percentage of the overall amount, some might do a flat fee...so depending on the amount you plan to take out it's worth knowing that side of things! Where are you headed to?!

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  helloalissa

  on Jun 27

  I've always heard your bank specifically is the best because they might waive a fee or offer a better rate to customers. They sometimes need time to get a currency they don't frequently exchange so it's good to ask in advance if you're going somewhere rare for Japanese tourists.

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  ReishiiTravels

  on Jun 27

  For me I personally do it through my bank back home. First I convert some money to carry with me. Then once I run out I go to a 7/11 to use the ATM to get money with my card through the same bank. I feel this works best for best rate, and so that you don't have to carry as much cash on you either.

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