Beware HSBC! It does not operate like it’s European counterparts. Crummy service! Travelers Checks are almost essential for foreign travel is you are going to use cash, but more for the security than exchange rate.
BofA, Wells Fargo and other retail US banks charge an arm and a leg of spread for dealing in euros.
The stock FXE is an exchange-traded trust which holds euros, and will pay interest as well. Yes, there is tax on the gains, but it is very liquid to just buy in your brokerage account. Tax on gains seems fair ….
An ATM in continental Europe is not a bad suggestion.
But beware the US retail bank – you will get killed in both directions.
They might say “no commission”, but if they sell euros for $1.70 and pay you $1.40 for your euros, you get the idea.
BofA, Wells Fargo and other retail US banks charge an arm and a leg of spread for dealing in euros.
The stock FXE is an exchange-traded trust which holds euros, and will pay interest as well. Yes, there is tax on the gains, but it is very liquid to just buy in your brokerage account. Tax on gains seems fair ….
An ATM in continental Europe is not a bad suggestion.
But beware the US retail bank – you will get killed in both directions.
They might say “no commission”, but if they sell euros for $1.70 and pay you $1.40 for your euros, you get the idea.
BofA, Wells Fargo and other retail US banks charge an arm and a leg of spread for dealing in euros.
The stock FXE is an exchange-traded trust which holds euros, and will pay interest as well. Yes, there is tax on the gains, but it is very liquid to just buy in your brokerage account. Tax on gains seems fair ….
An ATM in continental Europe is not a bad suggestion.
But beware the US retail bank – you will get killed in both directions.
They might say “no commission”, but if they sell euros for $1.70 and pay you $1.40 for your euros, you get the idea.
BofA, Wells Fargo and other retail US banks charge an arm and a leg of spread for dealing in euros.
The stock FXE is an exchange-traded trust which holds euros, and will pay interest as well. Yes, there is tax on the gains, but it is very liquid to just buy in your brokerage account. Tax on gains seems fair ….
An ATM in continental Europe is not a bad suggestion.
But beware the US retail bank – you will get killed in both directions.
They might say “no commission”, but if they sell euros for $1.70 and pay you $1.40 for your euros, you get the idea.
BofA, Wells Fargo and other retail US banks charge an arm and a leg of spread for dealing in euros.
The stock FXE is an exchange-traded trust which holds euros, and will pay interest as well. Yes, there is tax on the gains, but it is very liquid to just buy in your brokerage account. Tax on gains seems fair ….
An ATM in continental Europe is not a bad suggestion.
But beware the US retail bank – you will get killed in both directions.
They might say “no commission”, but if they sell euros for $1.70 and pay you $1.40 for your euros, you get the idea.
I would check with your bank first and see if they can order the Euros for you. If not, you can then call or stop into your local B of A and find out if you need to be a client of theirs.
I would check with your bank first and see if they can order the Euros for you. If not, you can then call or stop into your local B of A and find out if you need to be a client of theirs.
I would check with your bank first and see if they can order the Euros for you. If not, you can then call or stop into your local B of A and find out if you need to be a client of theirs.
I would check with your bank first and see if they can order the Euros for you. If not, you can then call or stop into your local B of A and find out if you need to be a client of theirs.
