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andrew s asked in TravelAsia PacificKorea · 1 decade ago

where is it cheapest to exchange currencies?

where is it cheapest to exchange currencies?

im go to korea this summer and was wondering where the most cheap place to change money is?

at the airport? bank? in korea? in amercia? thanks~

3 Answers

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  • Adam
    Lv 7
    1 decade ago
    Favorite Answer

    It is cheaper to exchange money at a bank in any country.

  • 1 decade ago

    The cheapest is just to go to a cash station while in Korea and get money. It is dispensed in their currency so no need to exchange anything.

    Most banks only charge fees to locals that withdraw funds from different banks. It is usually free to withdraw money if you are from out of the country.

    When I was in China and Hong Kong I used my cash station card and was not charged a fee by either bank. Same thing when I traveled in Canada.

    You receive a better rate of exchange when you use the cash station.

    I have never been to Korea so can't say how Korean banks will treat international customer nor how your bank will react to foreign withdrawals.

  • Anonymous
    4 years ago

    it relatively is in many cases maximum inexpensive to withdraw funds utilising an ATM card. it relatively is quite actual in the adventure that your financial company reimburses you for ATM expenses charged by different banke like mine does. If no longer, make fewer, extra desirable withdrawals to cut back the fees.

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