You can exchange foreign currency at several convenient places:
- Banks and Credit Unions: These are generally the best places to exchange currency due to reasonable exchange rates and low fees. Many banks allow you to order foreign currency online, by phone, or in person, with options for branch pickup or home delivery. Examples include Bank of America, Wells Fargo, TD Bank, and Fifth Third Bank
- Currency Exchange Services: Specialized currency exchange offices or money changers in cities or travel hubs offer currency exchange, though they may charge higher fees. For example, in Reno, you can use places like LatinXpress, Moneytree, or The Reno Gold Exchange
- Airport, Train Stations, Hotels, and Tourist Areas: These locations are convenient but often have less favorable rates and higher fees
- ATMs Abroad: Once at your destination, using your bank's ATM network to withdraw local currency is often the most cost-effective way to get cash with minimal fees
- Online Currency Exchange Platforms: Services like Wise or Currency Exchange International allow you to order currency online and have it delivered, though delivery fees and less favorable rates may apply
To get the best deal, check current exchange rates beforehand, compare fees, and consider ordering currency from your bank before traveling. Many banks also buy back unused foreign currency after your trip
