Foreign Currency Exchange - Bureau de Change (2024)

FAQs

Where can I convert foreign currency to US dollars? ›

Banks, credit unions, and online currency exchange bureaus and converters provide convenient and often inexpensive currency exchange services. Also, your own bank's overseas ATM or a foreign bank's are ways to get local currency with a credit card or ATM card once you have arrived.

Head to your bank or credit union before you leave to avoid paying ATM transaction costs. You may even receive a better exchange rate. Credit unions and banks will exchange your dollars into a foreign currency before and after your trip when you have a checking or savings account with them.

Any Bank of America customer can exchange foreign currency at any financial center.

Do banks accept foreign currency in the US? Some banks may let you exchange unspent foreign currency you bring back to the U.S., but you generally won't be able to deposit foreign money into your checking or savings account. Instead, you'll have to exchange foreign currency for dollars before making a deposit.

Exchange rates at banks are slightly better than elsewhere. You can also order currency before you leave on your trip from a number of websites that will ship it to your home within a couple of days.

A Bank of America International Transaction Fee of 3% will apply when converting your currency.

In almost every case, euros you can get abroad from an ATM will be cheaper than those you can get back in the States. When buying in advance, get just enough to give you a comfortable cushion and get you through a day's worth of emergency expenses.

Capital One 360

Capital One's online bank stands apart from many banks because it doesn't charge a currency conversion fee or a fee for using a foreign ATM network. If an out-of-network ATM operator charges you a fee, however, it won't be reimbursed by Capital One 360.

Who has the lowest fees for currency exchange? ›

Best place to exchange currency: Your bank or credit union

Many banks offer currency exchange to their customers. Though there may be a small fee if you exchange less than a certain amount, your bank or credit union will almost always be the cheapest place to exchange currency.

It's completely up to you whether you exchange money before you travel to Europe, or get your euros when you arrive. The only thing to bear in mind is that you have more control and more choice if you do it in advance.

Do US post offices exchange currency? No, you can send international money orders at a US Post Office, but you can't exchange currency over the counter.

What is the best US dollar exchange rate? The best US dollar exchange rate right now is 1.2712 from Travel FX. This is based on a comparison of 15 currency suppliers and assumes you were buying £750 worth of US dollars for home delivery.

Foreign currency cash

As you start your trip, having local currency on hand lets you easily cover immediate expenses without needing to hunt down a currency exchange office. On your return, we can often buy back unused foreign currency cash at a Wells Fargo branch.