 | Prague Money Exchange Reviews | 1 - 10 of 64 |  |
The ATM is the most convenient way to get money from a machine because it doesn't rip you off and it's convenient. The only things you need to think of when using an ATM is:
1. Your bank will most likely charge a minimum transaction fee, so make sure you get at least a few thousand Kc's for each withdrawl or your transaction costs will add up like a commission from the exchange bureau. You can call you bank in advance and ask them how much they charge.
2. The ATM's will give you big bills like 2,000 Kc notes, and some places don't like to take those. You should punch in your own amount like 4,900 to ensure you have small bills to begin with until you can find a place to break down your big note.
3. The ATM's let you choose the operating language in most cases. Leave a Comment
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Taxi drivers in Prague are well known for their spoofing of tourists. However there are a few taxi services, that can be relied on. As a metter of fact there is one that can realy be trusted. We used their services several times and had no problems what so ever. The name of the company is AAA Taxi and their phone number is 14014. They can be called from reception for you, but make clear to the receptionist that you want that concrete taxi company, as many Hotels have their own deals with some drivers or taxists. Once we even took this taxi on the street and there were no problems eather. Leave a Comment
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Never do it on the street. Check a few places before changing. Ask how much exactly you are going to get for your money. Carefuly read the notes writen with small letters on the botom of the excange board. Sometimes the rates seem fear, there is no commision but when you chang a money, you are given far less than it was writen you should. The trick is that on the botom of the board it is writen that the rates are valid only for exp. over 600 hundred euros. Once the transaction is made , you can,t pull your money back. I almoust made a full of myself with this trick in the excange office in Tesco. Fortunately, at the last moment I saw that tiny sentence. Leave a Comment
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Even though, they were aware of the danger, my friends wanted to exchange their money on the streets. An exchange rate 50% better then banks sounded just to nice.
So this guy asked how much we wanted to change and he got the money from somewhere. He came back and had a bunch of bills on the top of his purse. He counted everything correctly and even the bills were allright. I kept his purse in eyesight, while my friend wanted to finish the deal. Then suddenly the guy flip over his purse and on the other side of the purse was the excact same bill on the outside but probably nothing on the inside....
I asked him to count it again.... yes, he got mad and we had to run..... but he didn't catch us, neither our money! Ha, ha! Leave a Comment
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There are plenty of Money Exchange Bureaus all over the town. I highly recommend to check a couple of them, before changing money. There are some differences between the rates. All publish "0 % COMMISSION" but most of them refer this only to "SELL" and not to "BUY" transactions. In fact I found a few which don't charge for buying transactions. So before exchanging your money alway ask how much you really get for your currency. It is worth it ...
Don't change your money on the street, as these people usually cheat you with other foreign currencies (e.g. Bulgarian money). Leave a Comment
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if someone offers to exchange money with you ON THE STREET, don't do it. my friend's mother didn't listen to her and she thought the guy must be ok, and got hungarian or belgium money or something odd like that. go to a proper place like a bank, or exchange place - they're all over town, or even just use the bank-o-mats/ATMs. much much safer. Leave a Comment
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This is probably a standard warning that you would be careful of anywhere in the world (although I have to admit I have dabbled myself in the past). The poster is warning you not to change money with people on the street. The risk being that you can be passed counterfeit currency that isn’t worth anything.
This poster was displayed in the middle of the Old Town Square. There was a big Police van parked there, and this poster was proper up against the side of the van. To be quite honest, I can’t see the attraction of changing money on the street in a place like Prague, there are plenty of cash machines, and the Czech currency is a hard currency, so you don’t get the higher exchange rates that you could get in the past in the Eastern European countries where people were after hard currency to avoid the rapid depreciation of their own local currency. Leave a Comment
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Many people on VT will tell you this and I will tell you once again: don't exchange money on the street. People are constantly looking for tourists to fool. Once they notice you're a tourist they'll approach you. Don't fall for it, they give you worthless old bits of paper in return for your precious money. One even asked me if I wanted to exchange dollars. Why would I want dollars? Leave a Comment
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You would have to be pretty green not to know this one already - but people still fall for it.
What they say is true - but they give you an awful rate.
Also look out for the'free' map they may give to you - it will be charged to you.
Use a real bank or the ATM.
Don't even think about using someone on the street. Leave a Comment
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While studying exchange ranges at the office you can be approached by person, offering you "better deal" for your money.
DO NOT discuss anything with him and get rid of that person IMMEDIATELY. If you agree he will take you somewhere isolated place to make the transfer. It is not likely he will physically harm you but you will end having:
A- old type banknotes which are withdrawn from circulation,
B- BULGARIAN banknotes,
C- "sandwich" with one banknote on top and bottom and newspaper in between.
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