Buy Euros
 

Leaving next week for a Spain vacation. I will buy up Euros at 80 cents per Euro up to 200 euros.

PM me if you have at least 40 remaining from your trip.

That's a wise investment.

Well aren’t you the generous one? Not.

Best U.S. Dollar / Euro Exchange Rate Today: 0.9461.

To clarify that, it is 0.9461 euro per US dollar. But that price is generally for a minimum of $10,000. Be prepared to pay at least $1.08 for a euro. Or go to a large bank like Wells Fargo and order some to be mailed to you. You'll pay at least $1.08/euro plus a transaction fee of $10 + for them to sell them to you.

Good luck finding someone to see them to you for 80 cents/euro.

Which makes each Euro worth $1.06. Yeah, I’d be more than happy to pay $.80 a Euro all day long.

So I take it that those of you that chose to sharpshoot don't actually have any Euros to sell?

BTW, for you finance wizards, the rate you should be looking at is the buy back rate. The rate the financial institution will pay for euros.

I'll exchange 100 euros for 100 GBPs as I try to keep a few hundred on hand for future trips and have more than I need right now. I always return with a few hundred in bills and coins for my next trip. I also have some SGDs and NZDs, maybe a couple hundred of each, not sure. It seems I still have some THBs and Yuan, too, not much though.

Whoa, just found some Rubles and Shekels but doubt anyone here is looking for either of those currencies at the moment.

Very sorry that you are mistaken/misinformed.

Here is what US Bank says about selling foreign currency. Link Here

How do I exchange or sell my foreign currency?
Visit a U.S. Bank branch and a banker will help you through the process. We encourage you to make an appointment to allow time for questions and processing.

Full order returns within seven (7) days of purchase:

We will buy back the currency at the same exchange rate used for purchase.
A $10 return fee applies.

Full or partial returns after seven (7) days of purchase:

We'll process your return at the current day's exchange rate.
A $10 fee applies to returns of $250 USD or less.

So , a bank will not pay you 80 cents per euro to buy it back.

Today's rate is $1.06 per euro. For 200 euros, that would be $212 US dollars minus the $10 fee. Making it $202 US you'd get for 200 euros or 202/200 = $1.01 US per euro. A long way from 80 cents.

As the OPs likely well know, the airport at which they will arrive in Spain will have ATMS lined up on a wall. I just use my Schwab card, no fees, and the best possible exchange rate. ¡No problema!

Schwab is great. I lost my card in Turkey a few years ago and they overnighted me a new one FREE!

I am not misinformed. That is one bank and not the norm. Also, take the person that has 50 euros left over. 1.06 X 50 = $53. If they pay the $10 exchange fee they net $43 or 86 cents per euro. They had to go to the bank to do it and the bank will not accept foreign coins - paper money only.

To be clear, the "exchange fee" is just another way of collecting the reduced buy back rate. Go to a currency exchange and look for sell rate and buy rate on any currency to get a picture that you might understand.

Yep, I do know that and it is good advice. Even though most out of network ATMs will charge a 3 or 4 dollar transaction fee when out of the country.

I'm just looking to get some walking around money at a discount and at the same time allow someone to conveniently unload some Euros - including coins.

I will use a credit card for most purchases since that offers the best exchange rate.

Yes and you get FF miles or cash-backs with CCs. Visa and MC used to charge fees, but no longer. I never paid an out of network fee with Schwab but I always use bank ATMs as I do not trust the others - anywhere.

The thing is you are looking to buy from a seller who is not necessarily looking to sell. You are asking them to do you a favor, not the other way round. To expect such a sizable discount, much less any discount, seems a little presumptuous IMHO.

If you use a foreign ATM, be sure to decline currency conversion! That is a ripoff!
Great video explaining it!

https://youtu.be/rdYhm__yMQY?si=Mzq7qlxRKGDhlfpP

If you go to a bank or a credit union, what I wrote is the norm. If you go to a currency exchange like in an airport or foreign country, they do the exchange to make money and you accept paying more or getting less for the conversion. That is how they make their money. They won't sell or buy at the price you'll get at a bank or CU. Their business is to make money on the conversions back and forth.

And a bank or CU will usually waive the $10+ fee if you purchase or sell $200 or more foreign dollars so it has nothing to do with a reduced buy back. Regarding coins, the goal is to spend the coins before leaving, put them in one of the many coin/currency collection bins around the airport that goes to charity or simply keep as a souvenir.

Maybe you'll find someone that doesn't understand how it works and you can take advantage. Good Luck.

Most banks and credit unions have a lower buy rate than sell. Regions puts it up front in their information page. The bank you cited does too. They just call it a $10 fee. Euros come in 1 and 2 euro denomination coins so it is quite common to have several euros in coin.

Apparently you couldn’t comprehend my example using a 50 euro exchange. The fee is reduced if one exchanges larger amounts.

No worries. The usual suspects have
done their normal job of silly and uniformed comments on something that does not concern them.

Get a Wise Bank prepaid cash card.
Easy to service, buy currency when market is advantageous, cheap ATM withdrawals, International money transfers at best rates.
Been with them for many years, never a problem.

TOTV in a nutshell.

Use ATM in Airport on arrival
 

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You can notify your bank of travel overseas and withdraw Euros from ATM in airport at best rate with out delivery fees. Most merchants also accept major debit/credit cards at best rate of day when posted. Very little need for large amounts of foreign currency.

Hey folks, I’ll best Pam&Nick by offering 86 cents per Euro up to €200.

PM me if you have at least €40.

Thanks!
Tcole

I am neither buying nor selling Euros so it is really none of my business

I assume that the two consenting adults involved in any agreement will have on-line access to the current exchange rate

Your math and logic is the same as a/the bank. Agree that the fx transaction offer is the same.
Agree with the comments in that people are offering meaningless suggestions on converting USD to Euros and your post is offering a Euro to USD conversion. . . very silly and ignorant posters giving non sequiturs about buying euros in bulk when you have a rational and plan anyway for buying pocket change

Offer to beat the bank with a $5 fee and offer $0.96 per euro
or offer to beat the bank with a $3 fee and offer $1.00 per euro
and you might get some takers from the peeps who aren't planning to go back again.

make it a friendly offer, not the same rate as a bank's nusance transaction. . .

finance guy negotiations. . .
or sales / marketing suggestions. . .
whichever side of the coin you are on. .

heads I am buying / tails you are selling

I have 200,00 euros for US $222.00 if you are interested. I sent my phone number to you in a PM.

Strengthening US dollar
 

The euro held at around $1.0476 on Tuesday, its weakest since December, and it has fueled predictions it will soon hit parity, or a one-to-one equivalent with the dollar.

If I had some Euros rattling around in the drawer from my last trip (which I do but have no idea where) and was not planning another trip in the near future, I'd be glad to help a guy out. When I was traveling to Europe several times a month back in my Army days, I'd always make sure I had sufficient Euros to take the train or taxi from the airport to my hotel. Then, I'd hit an ATM to withdraw Euros which offered the best exchange rate back then.

Love competition. We are interested in purchasing 500 euros make me an offer.

I got Euro's
 

However, I am not going to sell them for $.80 per Euro dollar. That woulkd be stupid. I will sell them to you for $1.05 per Euro Dollar.

Really! You won't even come close to the exchange rate? A Euro is $1.06 or more as I write this. I'll just keep mine.

Or hold for our next trip abroad.

Euros to sell
 

I have some, but the rate is $1.06 per €.

I hope you have enough time to buy them- wet to France Sep 12 ordered them over a week ahead of time through AAA and they took 5 business days to come in

Just go to the ATM at the airport when you land.

For crying out loud!!!!! The guy wants to buy your EUROs. You know the one s you found in your pocket after returning from that trip you took a few years ago. The ones that are sitting unused in your drawer that you may never use. If you got them let him know. Otherwise why even reply to the thread. Geez!!!

Seriously?

I doubt anyone has a miscellaneous 40 euros sitting around in a drawer that they wouldn't use again. For that amount, they probably would have been more careful about spending most or all of it before coming back.
OP wants a deal. It might fly for something up to 20 euros. Maybe a number of people would take the deal.

When we opened our Schwab checking account back in 2009, you had to invest with them in order to get it. I don't know what they require now. But I agree, it's the best. No added fee, only the bank exchange rate, and you can withdraw up to $500 (in euros) per card per day. So that was $1000 for us. We used to pay our Paris rental in cash withdrawn from any ATM there (Schwab credits back the withdrawal fee) before we got our checking account. Now we withdraw money with our cards to stock up our French bank account.
But I don't think you can open a checking account with them without investing with them.

No Blame-
 

I am in Europe now. It will cost $1.08 per Euro at an ATM- based on the two banks I use (Chase, Schwab). That should be the rate for just about any US bank. What is more ATM fees will be refunded by just about any US bank.

A trick is to "decline the conversion rate" - then your bank's rate ($1.08) will apply. This works at ATMs in most European countries, whether or not they are Schengen.

This will not work in Hungary where all machines charge an 18 percent commission. However, by law, shops here have to accept cards. But it is nice to have currency for tips, just be aware it will cost you and I see no way around it, unless your bank will let you buy Hungarian currency (forints) before you travel. Shops here may accept Euros but at a very poor exchange rate (they have to exchange them for forints so that is fair.) - - There may be other countries that work this way. Also, never visit a machine that says EUR if the currency is other than the Euro - they are huge ripoffs. Czech Republic has some "good" machines and some rip-off machines. Best rates are usually at an ATM outside an actual bank.

Can't blame the OP for trying to make a profit. No need to purchase an overpriced item, however.

Little cash needed in Europe
 

Spent 3 weeks in Europe with only 20 euros in cash. Credit cards are accepted everywhere. Even taxis.

Wow, I would love to get in on this action. After the OP reaches his desired Euro goal, I would like to buy your remaining Euro at the same rate. I will give you $8,000 USD for 10,000 Euro. Thanks.