Exchanging Money: What about exchanging money in Moscow?
The best ways of getting cash you need: Credit Cards and ATM’s. First, estimate how much cash you will need for the program. Then add $500 in case of an emergency. This is the amount of cash you will need at your disposal. There are three principle ways of getting the cash you need: traveler’s checks (although not recommended), Automated Teller Machine cards (ATMs), and credit cards. Traveler’s checks in U.S. dollars are always accepted, even when traveler’s checks in the local currency are not. However, many of the smaller stores and resturants do not accept traveler’s checks, so ask before you go. There is a money exchange window at the Hotel where classes will be held as well as many other money exchange offices all around the Hotel. You should do a search for the best rate. DO NOT exchange money at the Hotel Europa, very high exchange rate fee! While the standard charge for traveler’s checks is 1% of face value, it is often possible to obtain them free. AAA does this for its member
