Banks and credit unions are generally the best places to exchange currency, with reasonable exchange rates and the lowest fees. Here’s how financial institutions — and a few other places — can help travelers exchange currency.
Where to exchange currency before your trip
- Bank of America.
- Wells Fargo.
Do banks do currency exchange?
Currency Exchange at Banks
Most major banks will exchange your U.S. dollars for a foreign currency if you have a checking or savings account with the institution. In some cases, a bank will exchange currency if you have a credit card with the bank.
Which bank is best for currency exchange?
If you like to plan ahead and want to exchange currency in the U.S., your bank or credit union will be your best bet. They have access to the best exchange rates and usually charge fewer fees than exchange bureaus. Most big banks sell foreign currency to customers in person at a local branch.
Can I exchange currency at the Post Office?
Unused currency can be exchanged for Sterling at Post Office branches. You may need to produce your original Post Office receipt. Please click here to find your nearest branch.
Is it better to exchange money in US or Europe?
In general, exchanging money in Europe is better than doing so in the U.S.; however, having a small amount of local currency in your wallet when you land at the airport makes sense.