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-   -   Want to buy Euros (https://www.talkofthevillages.com/forums/villages-florida-non-villages-discussion-93/want-buy-euros-87995/)

Madelaine Amee 09-11-2013 05:51 AM

Want to buy Euros
 
Need some Euros for upcoming trip. Please pm me.

erictarleton 09-11-2013 09:00 AM

just go to Wells Fargo

duffysmom 09-11-2013 11:09 AM

Citizen's is the lowest right now. Wells Fargo is more expensive. Call the banks and ask what they are charging. Called today and there is a big difference between banks.

Bavarian 09-11-2013 12:48 PM

Compare to using an ATM in Europe and draw money from your US Bank. Often better exchange.

bdabob 09-11-2013 01:41 PM

Why risk carrying around cash when credit cards are accepted pretty much everywhere in Europe now? ATM's are also everywhere for keeping a few Euros in hand for incidentals.

PennBF 09-11-2013 08:15 PM

Values
 
Just for reference..If you bought 2000 Euros today the costs would be:
Base= Citizens First Bank
Suntrust = $66 more than Citizens
Chase= $51 more than Citizens
Bank of America = $36 more than Citizens
Wells Fargo = $34 more than Citizens.
This was based on today's quotes and understood they include all the add ons. You must have an account at Citizens to buy the Euros. Account can be as little as $1.00. :bowdown:

CFrance 09-11-2013 09:30 PM

Quote:

Originally Posted by bdabob (Post 743889)
Why risk carrying around cash when credit cards are accepted pretty much everywhere in Europe now? ATM's are also everywhere for keeping a few Euros in hand for incidentals.

Unless you have an atm card or credit card that doesn't charge a foreign transaction fee (we have a Schwab bank account atm and Capital One visa--no fees other than dollar to euro), you will pay a percentage, usually about 2%, more for Amex, for charging on a credit card or getting euro out of an atm machine.

So if you are just going overseas for a short time, it might make sense to use cash for meals and small shopping.

buggyone 09-11-2013 09:39 PM

Quote:

Originally Posted by PennBF (Post 744079)
Just for reference..If you bought 2000 Euros today the costs would be:
Base= Citizens First Bank
Suntrust = $66 more than Citizens
Chase= $51 more than Citizens
Bank of America = $36 more than Citizens
Wells Fargo = $34 more than Citizens.
This was based on today's quotes and understood they include all the add ons. You must have an account at Citizens to buy the Euros. Account can be as little as $1.00. :bowdown:


Sounds as though Citizens First is the bank to use. I always have used them for all my banking needs since moving to The Villages.

twinklesweep 09-12-2013 05:01 AM

Quote:

Originally Posted by buggyone (Post 744118)
Sounds as though Citizens First is the bank to use. I always have used them for all my banking needs since moving to The Villages.

When I needed to open a "club" account for a Rec Dept-sponsored activity, I went to Citizens First on the assumption that, as the Villages bank, they would have specific offerings for this account that's so common here in TV. WRONG! It turned out that Wells Fargo had a choice of two accounts that serve this purpose, both with lower costs and better/more flexible terms for such a small account. And if Wells Fargo does, it's possible (likely?) that other banks also have such offerings.

It reminds me what is often said about what can happen when one assumes....

CaptJohn 09-12-2013 11:29 PM

Quote:

Originally Posted by PennBF (Post 744079)
Just for reference..If you bought 2000 Euros today the costs would be:
Base= Citizens First Bank
Suntrust = $66 more than Citizens
Chase= $51 more than Citizens
Bank of America = $36 more than Citizens
Wells Fargo = $34 more than Citizens.
This was based on today's quotes and understood they include all the add ons. You must have an account at Citizens to buy the Euros. Account can be as little as $1.00. :bowdown:

There's nothing like some good research! :laugh: Good knowledge. Thanks.


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