Currency Conversion and Exchange Rates
-> Exchange rates is vary from minute to minute depending on world markets.
-> Your Tour Manager will be able to recommend some good place to make exchanges in the local area, otherwise banks generally have competitive exchange rates.
-> Many exchange outlets offer ‘no commission’ exchange but the actual rate that they exchange at is not in your favor.
-> When exchanging cash or travellers cheques it’s best to check the rate and commission before making the exchange.
ATM’s and cash machines – Europe
-> In Europe ATM’s and cash machines are widely available. In Europe, Cash machines dispense cash in the local currency of the country that you are making the withdrawal in it.
-> In Europe ATM’s are widely available throughout most places. it’s a good idea to carry around a cash float or a travellers cheque
-> Make sure to let your bank know you are travelling so they don’t put a hold your account thinking it was hacked into or stolen.
-> If you get rejected by a cash machine at first attemp, don’t use it a second time as often European cash machines will swallow your card on the second attempt.
-> Usually its best to carry at least 50€ (as well as some local currency if you are in a country that does not accept the Euro) as a backup in case you cannot get access to a cash machine.
Travellers cheques in Europe
Travelers cheques is the best way to carry cash as if you loose them they can be replaced.