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Thanks Falcon. So if I use my bank card at an ATM at Madrid Airport, I'll be able to get 300-400 Euros from a Spanish bank ATM for a fee of only 4 Euros? That's great as it's less than 2% charge! I'll definitely follow your advice on informing my bank and credit card companies before leaving for Spain.falcon269 said:Exchange rates for actual currency are usurious; avoid the exchange services coming and going. On arrival, visit an ATM at the airport or in town. Most banks charge about 3% per transaction, and the Spanish bank will charge about 4 Euro per transaction. The typical limit is 300-400 Euro per day; check with your bank. Inform your bank and your credit card companies that you will be traveling. Otherwise, they may deny service on the assumption that your credit card/ATM card has been stolen.
You can sell Euros on eBay when your return, and get pretty much the exchange rate.
almhath said:I've never had difficulty getting anyone to take a credit card or finding an ATM machine, even in Luxor, Egypt, Israel out by the Dead Sea, France, Scotland, New Zealand, you name it. What I have had is people try to get me to buy things that were not worth the money charged, or charging me exchange rates that were outrageous.
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