Sunday, October 16, 2011

Money Exchange for Spain -Services - Money

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Money Exchange for Spain -Services - Money
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Most tourist resorts in Spain are aware that many visitors to Spain come from countries that use other currencies, so there will always be somewhere on the resort in Spain to exchange your foreign currency into Euros in Spain. The advantage of using a currency exchange office at a tourist resort in Spain or a touristy area is that the experience of exchanging currency is relatively easier than attempting to exchange your currency anywhere else in Spain. Currency exchange offices require little identification and completing of forms, making the process of exchanging your currency in Spain quick and hassle free. Another advantage of using these currency exchange places in Spain is that they are often open much later in the evening than other places in Spain. The down side of exchanging your currency at one of these offices in Spain is that the currency exchange commission rate is slightly higher than elsewhere in Spain.

Currency exchange at banks in Spain

Banks in Spain are probably the best place to go to exchange your currency if you are looking for good currency exchange rates. The other advantage of using banks to exchange your currency in Spain is that you will easily find a bank in any town in Spain. The disadvantage of exchanging your currency at a bank in Spain is that you will be required to show proof of identification and fill in some forms, and there may not always be an English speaking employee available to help you.

Currency information:

Euro (EUR; symbol €) = 100 cents (céntimos). Notes are in denominations of €500, 200, 100, 50, 20, 10 and 5. Coins are in denominations of €2 and 1, and 50, 20, 10, 5, 2 and 1 cents.
Credit cards:

MasterCard/Cirrus and Visa/Plus are accepted in nearly all ATMs, which are common throughout the country.
ATM:

American Express, Diners Club, MasterCard/Cirrus and Visa/Plus are accepted in nearly all ATMs, which are common throughout the country.
Travellers cheques:

Traveller's cheques are disappearing from use fast, and it's far more convenient to travel with cards these days. Nevertheless, you can still change them in main bank branches and exhange bureaux, and they are accepted in major hotels.