I came across an article from Frommer’s a few days back with some pretty crappy news.
According to what I read, at many airports in Europe taking money out is going to cost you a bit more due to some really bad exchange rates.
You must be wondering why…
Pauline Frommer recently co-hosted her radio show with Travel Channel’s Samantha Brown.
During the show, Brown shared some info about what she learned when she recently flew to Germany. She found out that the only ATMs available at the airport were run by the currency exchange company Travelex not a bank.
Pretty crazy, right…
According to the article, “Investigating it further, she learned that Travelex has managed to boot all of the bank ATMs out of the airports of Europe“. I wondered if this could really be true.
The article states that when landing at major European airports you’re only option for taking out euros or pounds will be by going to a currency exchange counter or an ATM ran by them.
Kim and I always try to have a small amount of Euros at home for future trips. Rather than bothering with finding an ATM and/ or waiting on a line, we could head out once we get our bags. As long as we have enough money to get to our hotel, we then just take out money in town.
Frommer’s shares some other travel tips on how to prepare for these poor exchange rates given by currency exchange places.
Click here to check out the article from Frommer’s.
Frommers’s also mentions an Airfarewatchdog article from December (which I somehow misssed) which goes into a bit more detail about these European Airpot ATM problems.
With Airfarewatchdog’s article being over 2 weeks old, I’m wondering if any of you have heard about this or experienced poor ATM exchange rates in European airports?