Using ATMs to get your local currency

  • We have an upcoming trip going to Sicily; we’re actually going to be meeting some clients for the tax practice in Italy and can’t wait to see Sicily. It’s going to be a flavors event, a flavors tour.
  • Currency conversion, you can get it converted here in the states and bring it with you. You can also get it from an ATM, what I will warn you is that the ATMs at the airport tend to be the cheapest. You can also convert it at the front desk of your hotel. Often, your hotel wants you to be safe and wants to make sure that your money is doing well so they often have just a very slight discount over even the ATMs within the cities.
  • Definitely, take a look at the airport ATM before you leave the airport. The airports on the outside of the gate, once you’ve crossed past that line that says do not turn around. Those ATMs are much more expensive so if you’re going to do it, ATMs inside, before you cross out.

Hey everybody; this is Shauna, correspondent for Without Bags. So, so, so excited, we have an upcoming trip going to Sicily we’re actually going to be meeting some clients for the tax practice out there in Italy and can’t wait, can’t wait to see Sicily, it’s going to be a flavors event, a flavors tour. Super exciting except for the fact that I’m pretty sure I’m going to gain about 10 pounds. But all in the name of travel, what do you do?

One of the things that I wanted to talk about today is actually currency conversion and where do I feel is the best place to do that. Currency conversion, you can get it converted here in the states and bring it with you, you can, of course, go get it from an ATM. What I will warn you is the ATMs at the airport tend to be the cheapest, better only by, generally actually converting it at the front desk of your hotel. Often your hotel wants you to be safe, wants to make sure that your money is doing well so they often have just a very, very slight discount over even the ATMs within the cities. Definitely, take a look at the airport ATM. The airport’s on the outside of the gate, once you’ve crossed past that line that says, do not turn around. Those ATMs are much more expensive so if you’re going to do it, ATMs inside, before you cross out.

But anyway, check out your hotel as well, see if you can call ahead, see if you can get their conversion rates and might as well spend it. Generally converting it back to US dollars is not exactly advisable, you lose a lot of money on that transaction back so whatever you pull out, make sure you spend. Oh, darn. All right, hope you guys are having a great day and I look forward to seeing you guys soon in Italy. Talk to you later, bye.

 

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