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Buy euros from Travelex or use atm in Italy ?

5,723 3,345 January 27, 2018 at 08:22 AM
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So there it is. I have 1 day to decide. Last time I travelled to Europe I used the atm and it was fine. Just occurred to me today, that maybe I can do better buying the euros before I leave.
Any thoughts on the matter?
Thanks in advance

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Joined Mar 2007
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#2
I like to have a small amount of Euros before I travel. Just enough for cab fare/lunch, so I don't have to worry about finding an ATM right after getting off the plane. Always use ATM's belonging to a bank, e.g. avoid the Fourex types, which charge higher fees.

Happy landings!


p.s. You will never do better buying them here; there are always fees and lousy conversion rates vs a bank in Europe. Also, having a large wad of cash that can be lost or stolen puts a damper on the joy of travel.
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Last edited by anubis57 January 27, 2018 at 10:26 AM.
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#3
There is no reason to buy any currency before you leave. You'll get a better exchange rate locally. I don't understand why people even think about doing so. ATMs are universal. I never leave the country with more money than I have normally. Just hit up an ATM at the airport at your destination.

Now.... if you want to carry a big wad of $100 bills though. You can squeeze out a slightly better exchange rate at some private currency exchanges than at major banks.
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Joined Dec 2008
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#4
Thank you for the input. That was what I thought but, figured it was worth asking. In the past, I've used ATM's. I always have euros left over when I come home so I arrive with cab fare and the like on my next trip.
Thanks again
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#5
A few euros should get you there then ATM while you are there. I did find that one of my home banks had a slightly different fee schedule than the other so you may want to check that. We used only bank ATMs while in Italy and fees were reasonable.
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