½ûÂþÌìÌÃ

Menu
½ûÂþÌìÌÃ
Search
Magazine
Search

money exchange in us banks

hmit23

Hi,

How much is the exchange rate of Euro to USD compared to inter-banks rate in the USA?
I have Euro in cach and I am looking where is the best place to exchange.
If I open a Euro bank account in USA, do I get a better change rate when I pay with a credit card?

thanks for any help.

See also

Banking in the USAGet a debit card from USA, for non-residents EU citizens without SSN?ImmigrationProblems Requesting Business USA Wise Digital CardsEvolution of banking services in the USA
jakejas

You can go to the banks' websites and they will tell you what their exchange rate is. I bank with Wells Fargo, and their exchange information can be found here: wellsfargo.com/foreignexchange/

Other banks have similar pages that tell you their exchange rates. I am not sure about opening Euro accounts in the US. I have never attempted to open an account using anything other than USD. I don't know if it is possible or not. If you want to keep some of your cash in EUR, you can always keep it in a foreign account if a US bank doesn't let you keep it in EUR.

hmit23

At a first glance, it seems that wellsfargo only sell foreign currency and doesn't buy it from customers, because I can't find any buying rates. It sells Euro with 0.07 $ benefits compared to inter-bank todays echange rate, so i guess it is bought with same benefit marge.
Thanks anyway.

Love2Travel4Sure

Greetings,
I think the term to use, if I understand your question correctly, is "exchange" your Euros.  In 2009, I returned from an European trip and brought home Euros and some other foreign currency.  I researched and found out that Bank of America would "exchange" my foreign currency for USD. They charge you an "exchange" fee, of course. I do not have a clue what that fee costs today.

I hope this helps!

Regards,
LAN

HaileyinHongKong

The exchange rate changes constantly.  Nothing we say here will ever remain accurate.  But there are a million websites where you can get the latest numbers.