Best u0026 Worst Places to Exchange Foreign Currency on Vacation

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Title	:	Best u0026 Worst Places to Exchange Foreign Currency on Vacation
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Quick and to the point that makes an awesome video!!
Comment from : Cat Man

Just a quick question what if i am with a small local bank in the us will that debit card work in japan
Comment from : Edward Arce

The Singapore airport is a very good place to exchange money as they are very fair with prices and they don't charge you commission fees
Comment from : philip mullins

Do they accept myr?
Comment from : Mushisama Lee

So every time you use your debit card to charge 275
Comment from : Kc Carr The Oregon Hillbilly Hilton

Yep i got ripped off
Comment from : CS

So my local bank currency is USD I'm going to Hong Kong so i will need HKD Also I need to pay a lump sum in cash for my acommodation there My question is, is it better to go to my bank here and ask for the amount in HKD I need, or is it better to take the same amount in USD in cash and change it at a bank in HK?
Comment from : booklvrxo

Helped a lot THANK YOU! ❤
Comment from : Starr H

I would say before you travel do a some reach I went to my local bank to exchange currency and the teller told me there a place at the mall close to where I live that has really good exchange rates, dropped by and they indeed had really good rates Had I withdrawn my money at the atm I would have lost out on about 40 + euros
Comment from : Forest Whitaker

That's exactly what I do My dad prefers to get a few euros in advance from our local AAA office Also be aware that even though the ATM is the best transaction, expect a small commission on both sides Here in Italy, if I use my ATM it's a few euros they take 2-3€ and also check what the cost is on your home bank's side Again, it's worth compared to the traps Mark has just talked about!
Comment from : David Carmosino

The worst place is at an airport where a currency exchange company has an monopoly and no competition like Travelex has at many airports brYou should never have to pay an extra commission fee to change money
Comment from : philip mullins

Take my money out where in the other country? ATM? Doesn't that leave me with the same issue of needing to Take my money out where in the other country? ATM? Doesn't that leave me with the same issue of needing to exchange for their local currency?
Comment from : Caleb Douglas

I found that post offices often times have the best exchange rate In Canada, every bank is pretty good with exchanging If you do go to an airport, exchange about 100$-200$ USD just to get by and shop around In Thailand for example, many banks offer pretty reasonable exchanges Also note, in many countries, have clean unmarked bills (especially the Where’s George markings) otherwise they will turn you away
Comment from : CalebB

I tried this on my recent trip vs exchanging before I went I didn't have any euro or pounds when I landed, I withdrew a small amount from a free ATM for tips and bus fare and used my credit card with no exchange fees for larger purchases I saved so much money! And since I was alone, I felt much safer not hauling around a wad of cash
Comment from : Dani

bear!!
Comment from : Mario Perez

I went to Warsaw twice this year and i changed the money, in cash, on the city center ''Kantor'' The exchange rate of these places in Warsaw were surprisingly good! I didn't need to worry about
Comment from : Ricardo Claudino

Mark, I'm an American that has been living in Poland for 7 years, and to be honest, your recommendations aren't correct I've never seen banks with good rates in any country in Europe It's best to be aware of the rate and walk around to an exchange office that has a rate with no more than a 2 margin
Comment from : jcarrett7

In Korea, I found that Citibank has the best exchange rate and the worst locations By that I mean, they are hard to find And when I did not have a Citibank account, it took 2 hours to complete the paperwork
Comment from : h lynn keith

I also understand that where you can pay with a CC, they have among the best exchange rates I try to have two different types of card that do not charge a foreign transaction fee AMEX is not always accepted so I also have a mastercard Most of my foreign travel is in the Caribbean where dollars are almost universally accepted though in some places change will be given in local currency, usually just the coin portion
Comment from : Boat Lover

I was just in Ireland! Love your videos Mark!
Comment from : Aubry Trude

My UK bank is Barclays I use my debit card to take cash from an ATM this is what happens Firstly, the exchange rate is terrible Secondly, I'm charged a transaction fee and a foreign currency handling fee Thirdly, the local Thai banking system charges an ATM usage fee For £300 withdrawal, I get charged about£10 not including the crappy exchange rate! Wtf!
Comment from : Nathan & Sopa

Just thought of something I understand that when you travel to Europe many countries like Spain or France will give you only a 3 month visa Is there a way to get a longer tourist visa so you could actually stay in the EU longer to immerse yourself in the culture of a country or two at more leisurely pace?
Comment from : Tele Opinions

What is your advice for what to do with any left over foreign cash, once you are at the next stop? I learned the hard way not to use the airport exchange when I gave them $40 worth of Japanese currency, and they gave me back about $18 worth of Chinese Haha
Comment from : ledbthand

The worst place to exchange currency: Reception desk at your hotel
Comment from : mountainhobo

I know someone with Pakistani rupees (equivalent of $50 US) and literally no place would take it And this person forgot to exchange it back when in Pakistan :(
Comment from : amanda

Will you visit Africa
Comment from : phantom page

And don't fly Ryanair
Comment from : In1998able

Go to Glendalough 🅱️🅾️I
Comment from : Sean Linehan

Can
Comment from : Toby Middleton

Van you speak a little about South Africa Going to Durban in March Thanks
Comment from : Toby Middleton

Got cash at the supermarket checkout :D Bought some stuff asked X-amount cash-back (euro to pounds) Seemed to be the cheapest option but did not work in every supermarket
Comment from : Elise

We just left Ireland yesterday! :) Beautiful country :) Thanks for the tip!
Comment from : Living Free Forever

So in general it is better to try to spend your cash before you leave, or save it for a later trip
Comment from : Runar Andersen

Coins can be a bit of trouble I actually changed my British coins into Euro coins on the ferry from Dover to Callais, France Probably not the best exchange rare, but still better than having coins in my pocket that would get lost
Comment from : Runar Andersen

I see what you are saying but atm abroad just look scary
Comment from : Andrew Hemingway

why not put all those questions in one ten minute video?
Comment from : Leon Haven

Is the euro ever accepted in places that don’t normally use it?
Comment from : HittingTax26

What about a third world country? Went to one and there wasnt atms
Comment from : Jordan Amoth

Mark, could you please do a video on 5 things you should do in Dortmund Germany? please and thank you
Comment from : Chris Herrera

NEVER use Travelex!
Comment from : KartoffelHundin

Casinos give the best rate I think
Comment from : A H

Mark, are you still in Ireland as of Sep 21 8:06 am Houston time?
Comment from : HittingTax26

first!
Comment from : HittingTax26

Good tips! Also avoid exchanging currency though the "money-changers" standing at / around tourist places
Comment from : Jan

Agree Cards are the way to go Have a look also at those prepaid cards services in your country that might offer some good commissions too It's even safer than using your debit card
Comment from : TLC

I always use Revolut! It has the best exchange rates, you can get money from ATM with their rates (even at the airport!) Helped me a lot throughout my travels The only bummer is that it's not supported by Apple Pay
Comment from : Georgios Katsigiannis

I have lived abroad for most of my life so the best thing is really just to pay with a card and keep as little cash as possible with you :-/ you'll never get a good deal by exchanging currencies!
Comment from : Marco C