Germany

Resources

City Guides

Private Messages Friends Invite My Jobs My Properties My Profile My Tips

Germany Expat Forum

currency exchange

Post New Topic

charliestrong

4/30/2016 08:47 EST

Hello, we are moving next week and have to exchange U.S. dollars to euros. When we look at the rate in the newspaper it's about $1.12 to get 1 euro but at the banks they give you a rate of $1.17 for 1 euro even if you have an account. Any one know how to get a better exchange rate???

Gratefully yours,
CS

Post a Reply

00 Report abuse abuse

BettyWang

5/1/2016 08:50 EST

Hi Charlie,

Revolut is an app that have great rates since they offer the interbank rates. It's really easy to use, and you can hold USD, EUR and GBP.

Post a Reply

00 You are reporting this! abuse

Choosing an expat health insurance provider is an important decision. Get a quote from our trusted expat health insurance partner, CIGNA. With Cigna Global Health Options, you can create an international health insurance plan that's perfectly tailored for the needs of you and your family.

Learn More Get a Quote

BrendanC

5/1/2016 11:36 EST

If you just need euros for spending money, you'll get a better rate from an ATM in Europe than from exchanging dollars at a US bank. You might be charged a foreign transaction fee but it still should work out cheaper than the US bank rate and you might be refunded some of the fee. Just let your bank know you'll be making foreign ATM withdrawals so they don't block you for unusual or suspicious activity (never happened to me but it's possible).

Post a Reply

00 You are reporting this! abuse

kris1985

6/16/2016 13:18 EST

Hello, my advice would be not to go through your bank! They use spot exchange rates. Go through First Rate FX, they are really good and so are their exchange rates, I always use them.

Post a Reply

00 You are reporting this! abuse

Expatriate Health Insurance Get a quote for expat health insurance in Germany.	Mail Forwarding to Germany Mail Forwarding to Germany.
Expat Tax Expat Tax Preparation, Expat Tax Professionals	International Moving Companies Moving to Germany? Find a moving company.