How to Get Cash when Traveling in Europe

Step-by-Step Guide

1. 1

   Step 1: Notify your domestic bank about your travel plans.

   There have been many cases where travelers have their card accounts frozen because of "suspicious foreign activity".
   
   Your bank means well, but if you don't tell them you might be stranded with no access for cash for several days.
2. 2

   Step 2: Take as much cash

   Check with your bank to see if they can sell you some currency before you go.
   
   Or order cash online. , If they are not available, plan on using your ATM card. , While it's true that you'll get very competitive rates from ATMs, the fees will come over the top and eat away the savings.
   
   It's generally about $5 US from your own bank to use a foreign ATM with about another $3 US equivalent from the foreign bank
   - although there is no limit to what the foreign bank may charge.
   
   And this is on every transaction
   - no matter the amount! ,,
3. 3

   Step 3: in the foreign currency

4. 4

   Step 4: as you feel comfortable carrying and get it before you leave for the airport.

5. 5

   Step 5: For any amount you need over the amount you feel comfortable carrying

6. 6

   Step 6: try to take traveler's cheques in that currency -- not US dollars.

7. 7

   Step 7: Be aware that ATMs can be expensive!

8. 8

   Step 8: Understand that credit cards usually get wholesale rates (which is very good) but have fees of 2 - 3% of the US dollar amount of every purchase.

9. 9

   Step 9: Check if your bank has a sister bank in the country you're visiting; this usually means you won't get charged or charged a smaller fee for withdrawals from said bank.

Detailed Guide

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