Travel Information

Are you planning an overseas trip this year?

A crucial step in travel planning, often overlooked, involves the acquisition of foreign currency.

We maintain a wide variety of foreign currencies. Your special currency requests are our forte. We look forward to assisting you in making your travels more enjoyable, allowing you to focus on exploring the world!

All you need to do is call Foreign Currency Exchange Services prior to your departure.

Travel FAQs

Travel FAQs


I've just looked at foreign currency exchange rates in the newspaper, or on an online "currency converter". Why are these rates much lower than what you're offering?
The rates you see in the newspaper and on "currency converters" are called "mid-market" rates.  They are  derived from the mid-point between the "buy" and "sell" transactional rates from global currency markets. These rates are typically not available to the public because they do not account for handling costs from shipping, security, etc.  "Mid-market" rates are simply a general estimate of the value of a currency itself relative to other currencies. 

What do I do with left over currency? 
We will be happy to buy it back from you at our buyback rate on the day you return to our office. We do not buy back (or sell) foreign coins.

Are there any fees associated with using your services?
Whenever you purchase currency, there is a single, flat $5 transaction fee no matter how many currencies you purchase. When returning excess currency, there are no fees.

How much should I take?
Spending habits vary. You should base it on an amount you are comfortable carrying in US currency. Have segments of your trip been prepaid? Do you need to purchase your own meals, etc.? As a general estimate, we typically suggest $100 a day per person under the assumptions that nothing (meals, incidentals, etc.) is paid for and that no cards are being taken along.

Why buy foreign currency before I travel?
Because it can take a lot of time, and rip-offs abound, especially in major tourist areas. Business hours and holidays are not the same in other countries, and banks there may be closed when you least expect it. Also, many countries have no currency exchange facilities in airports, railroad stations and other points of entry. How will you get from the airport to where you're going if you can't change any money? When exchange facilities are available in the airport, lines are often long, and rates are often high. Your travel time is very valuable, and you don't want to spend it searching for a bank. Changing money before you go buys you peace of mind.

Can't I just use my credit card for purchases?
Credit cards are convenient, however; many small businesses may not accept them. European countries generally operate on a cash basis. Just as you require US Dollars for domestic travel, you need foreign currency for cabs, tips and buses. Depending on where you're going, there may be a great many bank machines that will accept your bankcard. However, you should be aware of some clear disadvantages in using your bankcard abroad. You cannot always be certain that you will find a bank machine that accepts your card. You may be charged excessive network access fees and exchange rates. If your card is lost or stolen, you cannot replace it until you return home. Most Credit Card companies are hitting you with an average surcharge of 1%. Now, some banks are adding additional 2% surcharges on all overseas transactions. Your overseas trip could exceed your budget by a hidden 3% and you may never know it.

Why don't I just go to a bank here in the States, and change money for my trip?
Have you ever tried this? Outside of major cities like New York and Los Angeles, foreign exchange is a very tiny business for US banks. Most branches don't keep foreign currency on hand.

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