Foreign Currency Exchange
The currency converter page that I normally use on Oanda is http://www.oanda.com/currency/converter/ but I wouldn't simply use the default INTERBANK rate. Consumers don't get this rate (even border crossings and tax-collectors WILL use it for tax and duty purposes). Click on the drop down and select "INTERBANK +/- 2% (Typical ATM rate)". Then. be sure to select EUR as the "Currency I WANT". Then, the amount in the "Currency I HAVE" box will show how much the purchase or ATM withdrawal will be in another currency. This procedure will add in the commission the bank charges. Note that the drop down lists "+/- 5%" as the typical KIOSK rate which means the kiosks charges the highest commission. Similarly, if you exchange currency INSIDE the bank, you will likely be charged 4 to 5% for having to deal with physical currency notes. (So the "no fee" transaction can actually cost more.)Each time...
























