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Forums » Czech Republic » Addresses of Currency Exchange Stores/ ATM in Prague

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edithmok

Addresses of Currency Exchange Stores/ ATM in Prague

by edithmok »

I will be arriving in Prague's Florenc Bus station  from Dresden this May and plan to change for Czech Crowns from Euro upon my arrival. Kindly advise :

- the locations of some currency exchange stores close to the Florenc Bus Station where I can get the best exchange rate 

- the address of ATM machines around the Florenc Bus Station

(it would be great if some directions can be provided)

Can you also please advise:

- the locations of some exchange stores, not necessarily needed to be close  to the Florenc Bus Station as well

 

Thanks A Lot!

EWK

 

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billiv

RE: Addresses of Currency Exchange Stores/ ATM in Prague

by billiv »

We had no trouble finding bank ATMs all over the city.  Certainly there would be one in or near the bus station.  Not sure where you are from, but a bank ATM gives the absolute best exchange rate with the lowest fees of any options for Americans using their own bank's atm/debit card to get cash.

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edithmok

RE: Addresses of Currency Exchange Stores/ ATM in Prague

by edithmok »

Thanks billiv.  I will be using ATM card issued from the HSBC in Hong Kong. Hope it will work there.  

I was told the password in Prague only accept 4-digit password whereas it's a 6-digit password used it in HK.

 

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billiv

RE: Addresses of Currency Exchange Stores/ ATM in Prague

by billiv »

5 or 6 digits have always worked as far as I know, even if the machine only has blanks for 4.  Just be sure to notify your bank you are going to use the card in the Czech Republic.  I don't know if they still do, but Swiss and Italian banks used to use more than 4 digits for their bank cards.

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edithmok

RE: Addresses of Currency Exchange Stores/ ATM in Prague

by edithmok »

Many thanks!!

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EuropeTravelerJenn

RE: Addresses of Currency Exchange Stores/ ATM in Prague

by EuropeTravelerJenn »

Hi,

On my first trip to Prague in 2003, I could not use my ATM card because it had a 6-digit passcode.  My subsequent trip in 2010, my bank card had a 4-digit passcode, so I did not encounter any problems.

Maybe consider contacting your bank to see if you change it to a 4-digit passcode, at least temporarily, just to be on the safe side?

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edithmok

RE: Addresses of Currency Exchange Stores/ ATM in Prague

by edithmok »

Thanks for the advice and input of everybody.

Much appreciated.

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Ramblinman

RE: Addresses of Currency Exchange Stores/ ATM in Prague

by Ramblinman »

With no exceptions in any country I've been in, currency exchanges should be avoided, especially those near bus and train stations and in tourist areas.  You always get a bad rate.  The ones that have signs screaming "Exchange at bank rates!" charge a big commission, and the ones that have signs screaming "Exchange with no commission!" give you a terrible rate.  Usually banks give a better rate -- I think (I've been there but can't remember exactly) Czech banks have currency exchange windows.  (This isn't true in all countries -- I was surprised to find that in France when I walked into a bank and asked if I could change money there, they looked at me as if I had asked if I could get a pedicure there, although it seemed to me that asking a bank if it changed money was not a bizarre inquiry.)  Hotels in many countries often change money, sometimes at a good rate and sometimes at a bad one. I've found that American Express offices, surprisingly and disappointingly, have always given a bad rate.

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edithmok

RE: Addresses of Currency Exchange Stores/ ATM in Prague

by edithmok »

Thanks for the tips.

As I will be travelling from Berlin /Dresden to Prague.  I think I will get the Prague currency at the Berlin airport exchamge shop instead.  It seems safer to do the exchange in Berlin instead.

Once again, thanks for all the kind input from everybody.  Much appreciated.

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warlord

RE: Addresses of Currency Exchange Stores/ ATM in Prague

by warlord »

Yes and never ever exchange money at an Airport period.  They will always be the worst rate (other than on the street).  Speaking of on the street, never exchange it with people that ask if you need money exchanged (most should know this), but in Prauge last year when I was there, my friends uncle who came to see us for 2 nights ended up being stupid and exchanged €100 and got in return a bunch of old worthless Belarussian currency.

  Best bet is still just use an ATM or if you have to, get money some money exchanged from your own bank before you leave on your trip...

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