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Does it cost money to exchange foreign currency?

April 26, 2017COST currency exchange foreign money

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Does it cost money to exchange foreign currency?

1 Answer

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If you are using a credit card to buy items in a foreign currency either by phone, internet, or you are actually in the country, most banks will charge you a 3% conversion rate. I think it is the same if you go into the bank and want to exchange currency. Call your bank and find out.