I plan on using a debit card in London, Paris, and Rome to withdraw money. How will this work?
Will I have to enter the amount in pounds or euros I'd like to withdraw? Or will I be able to enter the desired dollar amount and have the machine convert it to pounds or euros for me?
2007-05-31 17:20:00 · 6 answers · asked by Taryn 2 in Travel ➔ Europe (Continental) ➔ Other - Europe
Just remember that it cost more US dollars to spend in the Europe. So, if you are using a debit card at a merchant or an atm. Double the cost of the transaction and add fees. For example if something cost $10.00 Euro = $ 13.3003 Us dollars or $10.00 UK pounds=$19.6119 US dollars. Plus any foreing transaction fee. Make sure you use a Machine that will not eat your card. Since, some machines will only take chip and pin cards now. You may run into the merchant that will refuse your card. However, Show the merchant you are a travel and tell them the US does not have chip and pin yet and you will sign for your purchase. Some debit cards may work as a pin transaction if your card has a Maestro, Cirrus or Visa plus symbol on it. Choose current/chequing account for this. If the merchant take those cards and then enter your pin. To be able to sign for your purchase your debit card must either have a MasterCard or a Visa Symbol. Also if you card does have a MasterCard or a Visa Symbol you can also choose credit at an atm to withdraw money.
2016-04-01 08:21:50 · answer #1 · answered by ? 4 · 0⤊ 0⤋
It will ask you for the amount in the currency the machine is filled with. You're going to have to the rough math on your own. The good thing is, is that ATMs give you the best conversion rate possible at that moment.
2007-05-31 17:24:02 · answer #2 · answered by Anonymous · 0⤊ 0⤋
The machine will give you pounds/euro, so that's what you will enter. But dollars will be drawn from your account. I suppose you will be ripped off at the exchange rate, but there is nothing you can do about it.
2007-05-31 19:36:54 · answer #3 · answered by cpinatsi 7 · 0⤊ 0⤋
depends where you are, in london you should enter the amount you want in pounds. when in rome(haha) or paris you will have to enter the amount in euros. your debit card company will automactically convert your withdrawl and deduct it from your account. have fun in europe.
2007-05-31 17:24:29 · answer #4 · answered by pen_bitten 1 · 0⤊ 0⤋
You will receive the amout in Euro´s (logic)
2007-06-01 03:19:10 · answer #5 · answered by Happy Feet 7 · 0⤊ 0⤋
just remember what ever you take out will be less than the US dollar so if you take out a $1 it will really cost you around $1.20 depending on the exchange rate take out what you feel you need at one time so you dont get hit with the transactions fees everytime
2007-05-31 17:27:22 · answer #6 · answered by Anonymous · 0⤊ 1⤋