How do I exchange foreign currency?

Here's my problem. I have a little Canadian, a few Euros, some Mexican pesos,
and some British pounds. My bank, which I have gone to for 20+ years, wants a
$15 fee to exchange the money. The whole total will only net me about $100
though, so that's 15%! That's absurd. I exchanged money virtually free in
Europe! So, my questions a

1. How can I exchange my money without an exorbitant fee?

2. Where do I find a place that will accept coins, too. I have a substantial
number of Euro coins--and I mean whole Euros, not Euro cents. This amounts to
a lot of money. I want to exchange it but, again, my bank refuses; they told
me they deal in paper currency only with foreign exchange. How can I do this?

If anyone can help me, please do so! I will check the board but e-mail
responses ) are greatly appreciated.

-Jeff

IWCFVB wrote:
1. How can I exchange my money without an exorbitant fee?

Call around to various moneychangers and banks and ask what their fee
is. Go to the cheapest one. If you're in the San Francisco Bay Area, I
could probably recommend a place.


2. Where do I find a place that will accept coins, too.

Nowhere. Assuming you're in the US, I don't know of anywhere that
exchanges coins. I keep all my foreign coins in a jar, and fish them out
the next time I travel abroad. When departing a country, I also try to
spend down my coins as much as possible -- snacks for the flight is my
usual target.

--
Bob

You may find someone on here that will buy them, I would be interested in
the British Pounds and the Canadian Dollars, but none of the rest. I use
them for eBay purchases.

Dave
--
emails to (myuserid).at.lycos.com

Tir nam Beann, nan Gleann, s'nan Gaisgeach - Saor Alba A-Nis!
"IWCFVB" wrote in message
...
Here's my problem. I have a little Canadian, a few Euros, some Mexican
pesos,
and some British pounds. My bank, which I have gone to for 20+ years,
wants a
$15 fee to exchange the money. The whole total will only net me about
$100
though, so that's 15%! That's absurd. I exchanged money virtually free
in
Europe! So, my questions a

1. How can I exchange my money without an exorbitant fee?

2. Where do I find a place that will accept coins, too. I have a
substantial
number of Euro coins--and I mean whole Euros, not Euro cents. This
amounts to
a lot of money. I want to exchange it but, again, my bank refuses; they
told
me they deal in paper currency only with foreign exchange. How can I do
this?

If anyone can help me, please do so! I will check the board but e-mail
responses ) are greatly appreciated.

-Jeff


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Try a local airport if it's an international one. They usually have a
moneychanger there. The fees are often cheaper than at most banks. A
friend was able to convert about 5000 French francs much more cheaply there
than at a bank.

"IWCFVB" wrote in message
...
Here's my problem. I have a little Canadian, a few Euros, some Mexican
pesos,
and some British pounds. My bank, which I have gone to for 20+ years,
wants a
$15 fee to exchange the money. The whole total will only net me about
$100
though, so that's 15%! That's absurd. I exchanged money virtually free
in
Europe! So, my questions a

1. How can I exchange my money without an exorbitant fee?

2. Where do I find a place that will accept coins, too. I have a
substantial
number of Euro coins--and I mean whole Euros, not Euro cents. This
amounts to
a lot of money. I want to exchange it but, again, my bank refuses; they
told
me they deal in paper currency only with foreign exchange. How can I do
this?

If anyone can help me, please do so! I will check the board but e-mail
responses ) are greatly appreciated.

-Jeff

On 26 Aug 2004 18:24:03 GMT, (IWCFVB) wrote:

Here's my problem. I have a little Canadian, a few Euros, some Mexican pesos,
and some British pounds. My bank, which I have gone to for 20+ years, wants a
$15 fee to exchange the money. The whole total will only net me about $100
though, so that's 15%! That's absurd. I exchanged money virtually free in
Europe! So, my questions a

1. How can I exchange my money without an exorbitant fee?

Ask here. How much of each do you have? And how much in coin and how
much in paper? Dave already expressed interest in the £s and CDN$. I
too would be interested in them, and the €s as well.

The only limiting factor will be postage costs - if you have 25 quid
in pennies and 2p, I doubt either of us will be interested! If it's
mostly notes, with some coins, then either of us would happily pay
nominal postage costs to obtain your leftover cash!

2. Where do I find a place that will accept coins, too. I have a substantial
number of Euro coins--and I mean whole Euros, not Euro cents.

Euro coins míght be taken by an exchange office that does a lot of
dollar to euro exchanges (an airport or similar). Most places will not
take coins at all.

Padraic.

la cieurgeourea provoer mal trasfu
ast meiyoer ke 'l andrext ben trasfu.

For the coins, either sell them to a coin collector, or sell them to the
next person you know who is traveling to Europe.

B.J.

IWCFVB wrote:
Here's my problem. I have a little Canadian, a few Euros, some Mexican pesos,
and some British pounds. My bank, which I have gone to for 20+ years, wants a
$15 fee to exchange the money. The whole total will only net me about $100
though, so that's 15%! That's absurd. I exchanged money virtually free in
Europe! So, my questions a

1. How can I exchange my money without an exorbitant fee?

2. Where do I find a place that will accept coins, too. I have a substantial
number of Euro coins--and I mean whole Euros, not Euro cents. This amounts to
a lot of money. I want to exchange it but, again, my bank refuses; they told
me they deal in paper currency only with foreign exchange. How can I do this?

If anyone can help me, please do so! I will check the board but e-mail
responses ) are greatly appreciated.

-Jeff

--
B.J. Herbison / / http://www.herbison.com/herbison/bj.html
The Next Asylum / 203 Long Hill Road / Bolton, MA 01740-1421 / +1 978
634-1061

Good recommendation, but instead of "spending down" what remains, it can be
exchanged into US $ at the airport bank. They will take anything, including
cents, and the agio is only 2%.

Tony

"Bob Flaminio" wrote in message
...
IWCFVB wrote:
1. How can I exchange my money without an exorbitant fee?

Call around to various moneychangers and banks and ask what their fee
is. Go to the cheapest one. If you're in the San Francisco Bay Area, I
could probably recommend a place.


2. Where do I find a place that will accept coins, too.

Nowhere. Assuming you're in the US, I don't know of anywhere that
exchanges coins. I keep all my foreign coins in a jar, and fish them out
the next time I travel abroad. When departing a country, I also try to
spend down my coins as much as possible -- snacks for the flight is my
usual target.

--
Bob

A.E. Gelat wrote:
Good recommendation, but instead of "spending down" what remains, it
can be exchanged into US $ at the airport bank. They will take
anything, including cents, and the agio is only 2%.

But then I don't get my snacks!

--
Bob

Except for large value coins, I tend to just keep whatever small change I
get. I came back home from Ukraine a few years ago with a ziploc bag full
of Ukrainian change that is not worth much until you look at the inflated
prices in the Krause catalog. I guess not many people go to Ukraine or
bring money back. I kept quite a few Polish coins from that trip too, but
only 3-4 Dutch coins.

Dave
"One month, three countries, and hundreds of coins"

--
emails to (myuserid).at.lycos.com

Tir nam Beann, nan Gleann, s'nan Gaisgeach - Saor Alba A-Nis!
"A.E. Gelat" wrote in message
...
Good recommendation, but instead of "spending down" what remains, it can
be
exchanged into US $ at the airport bank. They will take anything,
including
cents, and the agio is only 2%.

Tony

"Bob Flaminio" wrote in message
...
IWCFVB wrote:
1. How can I exchange my money without an exorbitant fee?

Call around to various moneychangers and banks and ask what their fee
is. Go to the cheapest one. If you're in the San Francisco Bay Area, I
could probably recommend a place.


2. Where do I find a place that will accept coins, too.

Nowhere. Assuming you're in the US, I don't know of anywhere that
exchanges coins. I keep all my foreign coins in a jar, and fish them out
the next time I travel abroad. When departing a country, I also try to
spend down my coins as much as possible -- snacks for the flight is my
usual target.

--
Bob






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From: iwcfvb

Here's my problem. I have a little Canadian, a few Euros, some Mexican pesos,
and some British pounds. My bank, which I have gone to for 20+ years, wants a
$15 fee to exchange the money. The whole total will only net me about $100
though, so that's 15%! That's absurd. I exchanged money virtually free in
Europe! So, my questions a
1. How can I exchange my money without an exorbitant fee?
2. Where do I find a place that will accept coins, too. I have a substantial
number of Euro coins--and I mean whole Euros, not Euro cents.
This amounts to a lot of money. I want to exchange it but, again, my bank
refuses; they told me they deal in paper currency only with foreign exchange.
How can I do this?

Short answer:

eBay.
8-|
- Coin Saver