New answers tagged

1

San Francisco is the major financial center for US-Pacific trade and the many bank branches will exchange your Euros. There's an exchange booth in one of the largest downtown shopping malls (other locations mentioned; I am not affiliated with that link). The problem is that exchange rates are terrible everywhere in the United States. I don't even get a good ...


3

I've personally had good luck feeding out-of-date notes to the automatic check out machines in supermarkets. Could be worth a try. Banks will be disinclined to help you if you are not a customer of theirs. THe Bank of England is not an especially pracitcal location to visit.


3

I cannot give you an official answer [there is no official answer] but I think you will not have much trouble exchanging it eventually, even if you are rejected a few times. In most places a £20 note does not receive much scrutiny. Taxi drivers and sole traders may be reluctant; someone at an airport shop, a restaurant or a bar probably won't look very ...


5

Most of the time, you will get the best rate and convenience by using an ATM. Is this not an option?


0

Is there a legal limit to the amount of physical cash a US citizen can possess when flying from one US state to another? I've heard that the United States government can and is seizing any amount of cash over a certain dollar amount at airports. However, I have not been able to get a definitive answer as to if these reported seizures are due to ...


4

Upon entering the US you will have to prove that you have sufficient funds to sustain yourself for the entire duration of stay in the US. Much to our disappointment, the CBD does not specify how much is "enough funds". There is no fixed amount per day. Indeed, such an amount depends on spending habits, accomodation costs, transportation costs, shopping ...


2

If you're in the UK, you can now exchange your foreign coins with Fourex machines. They have created machines that automatically exchange your foreign (and British) coins with either pounds, euros and dollars. They won Richard Branson's Pitch To Rich 2015 and currently have 4 kiosks in 3 locations around London and are in the process of adding many more. ...


0

US banks do not charge a fee because it is a foreign card, they charge a fee because it is not a card issued by that bank. Cardholders of US based banks also pay the ATM fee when they access money at another bank. About the only way to avoid paying the fee would be if the cardholder's bank has a fee waiver agreement with specific US banks, something that ...


0

800 and 8xx toll-free numbers are blocked when called from other countries, with exception of Canada and US territories. Rules change all the time, so there may be some exceptions, but that is the normal rule. However, there is another type of exception created by telephone services. Many cell phone providers put toll-free calls through for you by ...


4

As much as you like It's your money, we don't care how much you bring with you: the more you bring, the more you can spend, we're fine with that. However there are two important things to note You must declare any amount over €10,000 (this applies to the UK as well as the EU, noting that the currency is still Euros when entering the UK! This would be the ...


3

It appears you asked the same question in the Caravanistan forum. All of this answer will be based on the info there but since you seemed not satisfied with it you should come back here after your trip and give an answer based on your personal experience. As reported in the forum post, there are ATMs in Beyneu so you can always withdraw some tenge. I also ...


2

I can't give financial advice or comment on the markets - for financial advice from people who know what they're talking about, try http://money.stackexchange.com and check what sort of currency speculation related questions they accept before posting - but in general if you need money to travel and the markets are unpredictable, you can reduce your risk by ...


4

According to a couple of experts interviewed by the UK Telegraph: Bill O’Neill, head of the UK investment office at UBS Wealth Management, said: Obviously relative growth rates are part of it, as that always drives the value of currency. But in Europe it’s a different world. We’re talking about the next potential move for UK interest rates ...


5

There is no limit for bringing money into the UK, however amounts of 10000 euro must be declared: e.g. from the VisitLondon site: Declaring Your Goods When entering the UK from a non-EU country, you must make a declaration to customs if: You have 10,000 euros or more (or equivalent) in cash The amount you can take out of India is covered ...


10

Numbeo is accurate for the cities I tried, but in many areas there are very cheap long term basic accommodation and only luxury travel accommodation for tourists. I think that someone who asks this question has a finite budget, the option to go where he wants and desires to get the most "bangs for his bucks". Most of the answers I saw were for luxury ...


16

The problem with many of the online comparison tools is that they don't necessarily reflect the kind of travel lifestyle you're going after. Here's what I normally do to get a good estimate: Go to HostelWorld, find the highest rated hostel and check their daily rate for a 4-person room. In Prague that's around 30EUR, while in London it's closer to 50EUR. ...


8

Cost of living indexes don't fully apply to tourism as residents incur a different set of costs to visitors. Also, per-diems are used to provide an estimation of how much a business traveller might be expected to spend and be allowed to claim back from their employer. A business traveller is unlikely to be able to claim for the cost of renting a beach chair ...


18

Although Numbeo, a crowdsourced city comparison tool, is for cost of living and not travelling it is still an extremely useful resource even for short stays. For example Vancouver vs Jerusalem shows prices in restaurants, markets, rent per month (while you likely won't rent for a month the ratio between two cities will be similar for a daily rent).


71

The US Department of State publishes recommended per diem ("per day") reimbursement rates for every major city. These are intended to enable fair reimbursement for travel expenses incurred by US federal employees transacting business on behalf of the US government. For instance an employee travelling to London will be entitled to claim 322 USD for lodging ...


31

The Economist Magazine invented the so-called "Big Mac Index" as an attempt to measure the relative purchasing power between various currencies. THE Big Mac index was invented by The Economist in 1986 as a lighthearted guide to whether currencies are at their “correct” level. It is based on the theory of purchasing-power parity (PPP), the notion ...



Top 50 recent answers are included