Ruth Haines
If you're looking to buy euros at Logan International Airport, you're in luck. The airport offers several options for currency exchange, including over-the-counter services, online pre-order options, and ATMs. However, it's important to note that airport currency exchange services typically charge higher fees and offer less favourable exchange rates compared to other locations. To get the best value for your money, consider using a multi-currency card or exchanging your currency before arriving at the airport. Additionally, if you plan to exchange a large amount of money, it's advisable to call the exchange service in advance to ensure they have sufficient cash on hand.
| Characteristics | Values |
|---|---|
| Currency exchange options at Logan Airport | Over-the-counter service, online pre-order, and ATM withdrawals |
| Currency exchange locations at Logan Airport | Terminal A, Terminal B, Terminal C, and Terminal E |
| Advantages of exchanging currency at Logan Airport | Fast and convenient |
| Disadvantages of exchanging currency at Logan Airport | High fees and unfavourable exchange rates |
| Recommended currency exchange options in Boston | Currency Exchange International in Copley Place, Rockland Trust Bank locations, and TD Bank's Foreign Exchange Centers |
| Advantages of using ATMs | Lower exchange rates, safer, and provide a record of transactions |
| Disadvantages of using ATMs | May be subject to fees and unfavourable exchange rates |
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What You'll Learn
Currency exchange options at Logan Airport
Logan International Airport (BOS) has currency exchange services available, with a few options for exchanging money. However, airport currency exchange services generally have higher fees and less favourable exchange rates compared to other locations. If you are exchanging larger amounts of money, it is recommended to call the exchange service in advance to ensure they have enough currency in stock.
Over-the-Counter Service
You can exchange money on the spot by visiting a currency exchange location and paying in cash or with a card. This option is fast and convenient, but it can also be expensive due to high fees and unfavourable exchange rates. Travelex Foreign Exchange Booths are located on the departures level at Terminals B and C and on both departures and arrivals levels at Terminal E.
Online Pre-Order
Some providers, such as CXI, allow customers to order their foreign currency online for airport collection. This can often secure a better exchange rate compared to on-the-spot exchanges and guarantees that the exchange office will have the currency needed.
ATMs
Using an ATM to withdraw cash in the local currency upon arrival at your destination is another option. ATMs are commonly available and can offer fair exchange rates, although they are still subject to fees and daily exchange rate fluctuations. It is recommended to research your card issuer or bank's policy on overseas withdrawals, as there may be additional fees involved.
Alternative Options
If you are looking for alternative options outside of the airport, Currency Exchange International in Copley Place, Rockland Trust Bank locations, and TD Bank's Foreign Exchange Centres are recommended. Ordering foreign currency online through websites like Travelex, Wells Fargo, Bank of America, XE, OANDA, TransferWise, and Thomas Cook is also an option and allows for easy comparison of conversion rates and fees.
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Alternatives to exchanging currency at the airport
Exchanging currency at the airport is convenient, but it often comes with higher fees and poor exchange rates. Here are some alternatives to consider:
Order Currency from Your Bank:
Ordering foreign currency from your bank before your trip is usually a better option than using airport exchanges. Banks typically offer better exchange rates and lower fees. You can often order the currency online or through your bank's mobile app and pick it up at a local branch. Some banks may even ship the currency to you.
Use ATMs at Your Destination:
Withdrawing cash in the local currency from ATMs at your destination is another alternative. Airport ATMs are commonly available upon arrival, and using ATMs can offer a fair exchange rate. However, be mindful of ATM fees and withdrawal limits, and consider using ATMs from partner banks to avoid out-of-network fees.
Credit Cards and Prepaid Cards:
Using credit cards, prepaid cards, or mobile payment options like Google Pay or Apple Pay can be good alternatives to carrying large amounts of cash. Credit cards typically offer no international transaction fees, and you'll have a record of your transactions, which can be helpful for VAT reimbursements.
Exchange Currency at a Local Bank:
If you're unable to order currency in advance, consider exchanging a small amount of money at a local bank before your trip to cover immediate expenses. Banks usually offer better exchange rates than airports, and you can also exchange any leftover foreign currency back into your local currency when you return.
Multi-Currency Cards:
Using a multi-currency card, such as the one offered by Wise, can be a cost-effective option. These cards provide conversions at the mid-market exchange rate without any markups or hidden fees, ensuring you get a competitive exchange rate for your money.
Carry Some Cash:
While it's not advisable to carry large amounts of cash, having some local currency on hand before your trip can be helpful. This can be useful for immediate expenses, such as transportation or small purchases, and eliminate the need to rush to an ATM or exchange office upon arrival.
By considering these alternatives, you can often find better exchange rates and lower fees, making your money go further during your travels.
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Using ATMs at Logan Airport
Logan International Airport (BOS) has several ATMs available for passengers to withdraw cash. While it is possible to withdraw foreign currency upon arrival at your destination, it is worth noting that airport ATMs may charge high transaction fees and offer unfavourable exchange rates. Therefore, it is generally recommended to use a credit card for most purchases and withdraw small amounts of cash from ATMs only when necessary.
ATMs at Logan Airport are provided by Bank of America and are available in multiple languages, including English, Spanish, Chinese, Korean, French, Russian, and Portuguese. These ATMs offer convenient services for a wide range of everyday needs. You can use a tap-to-pay card or a smartphone to make transactions at the cardless ATMs. To use a smartphone, go to the drive-thru ATM, select your Bank of America debit card from your digital wallet, hold your phone to the contactless reader, enter your PIN, and start your transaction.
If you prefer to have some local currency before your trip, you can exchange money at Logan Airport. There are currency exchange locations in Terminals A, B, C, and E. However, airport currency exchange services typically have limited competition, resulting in higher costs and less favourable exchange rates. It is advisable to compare options and consider alternatives, such as ordering foreign currency online for airport collection or using a multi-currency card, which offers conversions at the mid-market exchange rate without markups or hidden fees.
Additionally, when exchanging larger amounts of money at the airport, it is recommended to call the exchange service in advance to ensure they have sufficient cash and the desired currency in stock. Carrying large amounts of cash can also make you a target for petty thieves, so consider using airport lockers to securely store your valuables. Overall, while ATMs at Logan Airport provide convenient access to cash, it is important to be mindful of potential fees and exchange rates and explore alternative options to make informed decisions.
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Exchanging currency in Boston
Exchanging currency at Logan International Airport (BOS) is possible, but it's recommended that you explore other options first. Currency exchange services at airports often come with higher fees and less favourable exchange rates. If you're exchanging a large amount of money, it's a good idea to call the exchange service in advance to ensure they have enough currency in stock.
Currency Exchange International
Currency Exchange International in Copley Place is recommended for exchanging currency in Boston. They have various currencies available, including dollars, Thai baht (THB), and Danish krone. You can also sell your unused currency back to them, except for coins. Their address is 125 High St, Boston, MA 02110, United States, and their timings are 9:00 am to 5:00 pm.
Rockland Trust Bank
Rockland Trust Bank is another recommended option for currency exchange in Boston, with various locations available.
TD Bank Foreign Exchange Centers
TD Bank has several Foreign Exchange Centres in the Boston area, with up to 15 foreign currencies available for immediate exchange, including euros, pounds, Canadian dollars (CAD), pesos, and yen.
ATMs
Using your credit or debit card at an ATM is often the cheapest way to exchange money. ATMs are commonly available at the airport and your destination and can offer fair exchange rates. However, be mindful of potential fees, as banks may charge a foreign transaction fee and a fee for using a foreign ATM.
Banks
Exchanging currency at a bank is usually less expensive than at an airport. Bank of America is recommended for competitive rates.
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Tips for exchanging currency
Currency exchange services at airports are convenient but often come with high fees and unfavourable exchange rates. Here are some tips to help you get the best deal when exchanging currency:
Research exchange rates
Before exchanging your money, check what the current exchange rate is for the country you're visiting. Key currency exchange websites can help you find the best and least expensive places to convert currency. Be aware that some exchange kiosks will post their "sell rate" for US dollars rather than the "buy rate" (which is what you want if you're changing US dollars into foreign currency), and these can differ dramatically.
Compare options
Compare the fees and exchange rates offered by different providers before deciding where to exchange your money. Local banks and credit unions usually offer the best rates, and some banks may not charge a fee. Exchange offices at airports can be expensive due to high fees and unfavourable exchange rates.
Order currency online
If you have time before your trip, consider ordering your foreign currency online for airport collection. This can help you get a better exchange rate compared to an on-the-spot exchange, and you can be sure that the currency you need will be available.
Use ATMs
Using a foreign ATM or your bank's ATMs overseas is often the best way to get a fair exchange rate without paying high fees. If you're travelling to Europe, you may not need much cash as cards are widely accepted. If you do need cash, you can use an ATM at the airport when you land, which will usually offer a better exchange rate than exchanging cash at a currency exchange office.
Notify your bank
If you plan to use your debit or credit card overseas, let your bank know in advance to avoid them being shut down for fraud. Some banks may not charge foreign exchange fees, and some card issuers allow users to make purchases overseas without foreign transaction fees. Check if your bank has partner banks at your destination so you can avoid ATM fees.
Only exchange what you need
It's generally best to only exchange the amount of money you need to avoid being stuck with leftover foreign currency. However, it's a good idea to have some local currency with you when you arrive, especially as some forms of transport, like taxis, may require cash.
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Frequently asked questions
Yes, Logan International Airport (BOS) has currency exchange locations where you can exchange dollars for euros.
Currency exchange booths are located on the departures level at Terminals B and C and on both departures and arrivals levels at Terminal E.
Airport currency exchange services usually have limited competition, so the costs of switching your funds can be high. Fees may be hidden within the exchange rate, so be sure to check both the fees quoted and the rate being used.
You can exchange currency at banks or ATMs, which typically offer better exchange rates. You can also use a multi-currency card from Wise, which provides conversions at the mid-market exchange rate without any markups or hidden fees.
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