Currency Exchange At Logan Airport: What You Need To Know

Logan International Airport (BOS) in Boston offers currency exchange services. While the airport has currency exchange counters, it is recommended to compare rates and fees before exchanging money at the airport, as airport currency exchange services tend to be expensive. There are alternative options to get foreign currency, such as ordering it online for airport collection or using a multi-currency account or card.

Currency exchange at Logan Airport

Logan International Airport (BOS) in Boston, Massachusetts, does offer currency exchange services. The airport has four terminals connecting domestic and international flights across the globe.

There is one currency exchange counter available at Logan International Airport. While it is a convenient option for last-minute exchanges, airport currency exchange services are often expensive due to high fees and unfavourable exchange rates. It is recommended to compare the rates and fees before exchanging your currency at the airport.

Alternative options

You can consider ordering your foreign currency online for airport collection, which may offer better exchange rates. Using a multi-currency account, travel card, or a Wise Multi-Currency Card can also provide more favourable rates and lower fees. Additionally, withdrawing from ATMs overseas or using credit cards for purchases can be safer and more cost-effective alternatives.

Location of currency exchange at Logan Airport

The currency exchange counter at Logan Airport is located at Terminal A, where you can exchange dollars for euros. Travelex Foreign Exchange Booths are also available at the departures level of Terminals B, C, and E, as well as the arrivals level of Terminal E.

Business hours

The business hours for the currency exchange counter at Logan Airport are not readily available. However, customer service agents at the airport are available daily from 6:00 AM to 10:00 PM to provide assistance.

Alternative options

If you are looking for alternative options to exchanging your currency at Logan International Airport, there are a few things you can consider. Firstly, you may want to compare the exchange rates offered at the airport with those available elsewhere, as airport currency exchange services often have higher fees and less competitive rates due to a lack of competition.

One option is to use a multi-currency account or travel card, which can offer better exchange rates and lower fees. For example, the Wise Multi-Currency Card provides conversions at the mid-market exchange rate without any markups or hidden fees. Additionally, you can consider ordering your foreign currency online from a provider like CXI and collecting it at the airport, which may result in a better exchange rate and ensures that your desired currency is available.

If you have access to an ATM, consider withdrawing cash at your destination. This can help you avoid high exchange fees, and using a credit card will provide a record of your transactions, which may be useful for VAT reimbursements.

Finally, if you have time before your trip, consider exchanging your currency at a bank, as this is often less expensive than exchanging at an airport.

ATM withdrawals

Logan International Airport (BOS) offers various options for currency exchange and ATM withdrawals. While exchanging currency at the airport is convenient, it may not offer the best exchange rates. Here are some suggestions for ATM withdrawals:

ATMs are readily available at Logan International Airport and provide a straightforward method for obtaining cash in the local currency upon arrival. It is important to be aware of any fees associated with overseas ATM usage by your bank or card provider. Some ATM networks charge high fixed fees for withdrawals, which can increase the overall cost.

If you intend to use ATMs as your primary source of cash during your travels, consider the following options:

• Multi-currency cards: These cards, offered by providers like Wise and Revolut, allow you to hold foreign currencies in a digital account. You can then use a physical or virtual card to make purchases or withdraw local currency from ATMs as needed. For example, Wise US cardholders can withdraw up to 1,000 USD per day, while Revolut allows withdrawals of up to 3,000 GBP daily.
• Travel cards: Designed for travellers, these cards enable you to load popular foreign currencies in advance and spend or withdraw them later.

ATM Locations at Logan International Airport

To locate ATMs at Logan International Airport, look for the following:

• Capital One Banking ATM: Available 24 hours a day, 7 days a week, at Terminal A - A4 (Departures, Gate 6, Post-Security), Terminal C - C3 (Departures, by Jerry Remy's, Pre-Security), and Terminal C - C6 (Arrivals, Baggage Claim, Pre-Security).
• Citizen Banking ATM: Located at Terminal A - A3 (Departures, East Entrance, Pre-Security).
• Chase Bank ATM: Offers 24-hour access at various locations, including Terminal A (Arrivals, Gate A17 and A18), Terminal B (Departures B1-B21 and B22-B38, Arrivals B1-B21), Terminal C (Gate C14), and Terminal E (Arrivals, Gate E7).

Credit card use

Logan International Airport (BOS) has currency exchange services available, but using a credit card may be a more cost-effective option. Credit cards are widely accepted around the world and offer a level of convenience and security that physical currency cannot match. Here are some advantages of using a credit card while travelling:

Ease of Use and Accessibility

Credit cards eliminate the need to carry large amounts of cash or worry about exchanging physical currency. They provide a simple and quick payment method, especially in locations where your home currency is not accepted. Additionally, credit cards offer a secure way to access funds, reducing the risk of losing cash during your travels.

Transaction Records

When you use a credit card, you automatically generate a record of your transactions. This can be extremely useful for tracking expenses, budgeting, and even for VAT reimbursements when making large purchases. By accessing your credit card account, you can easily review your spending and identify any unauthorized or fraudulent charges.

Fraud Protection and Security

Credit cards often come with built-in fraud protection and security features. In the event of a lost or stolen card, you can quickly report it and have it blocked, minimizing the potential for financial loss. Many credit card companies also offer travel insurance and other benefits that can provide peace of mind during your trip.

Foreign Transaction Fees

It is important to be aware of potential foreign transaction fees associated with credit card usage abroad. These fees are typically a percentage of the transaction amount and can add up over time. However, some credit card companies offer cards specifically designed for international travellers, with no foreign transaction fees.

Dynamic Currency Conversion (DCC)

When using your credit card abroad, you may be offered the option of paying in your home currency (e.g., USD) instead of the local currency. This practice is known as Dynamic Currency Conversion (DCC). While this may seem convenient, the exchange rates used in DCC are often less favourable than those offered by your credit card company. It is generally more cost-effective to choose to pay in the local currency to take advantage of your credit card's exchange rate.

In summary, while Logan International Airport does provide currency exchange services, using a credit card can offer several benefits, including convenience, security, and better exchange rates. However, it is always a good idea to review the specific terms and conditions of your credit card, including any applicable fees, to make an informed decision before your trip.

Foreign exchange bureaus

Logan Airport does have currency exchange services available. ICE Currency Exchange has a branch at the airport, with a location near Gate E7, post-security.

The foreign exchange market, also known as Forex or FX, is a global, over-the-counter marketplace that operates 24 hours a day, closing only on weekends. It is the largest financial market in the world in terms of the value of currency units traded. Currencies are traded in pairs, with the value of one currency relative to the other. This relative value determines how much of one currency can be exchanged for the other.

In addition to individual traders and businesses, foreign exchange bureaus also serve governments and central banks. For example, China's State Administration of Foreign Exchange (SAFE) is a government-run bureau that oversees the country's foreign exchange market and manages its foreign exchange reserves. The US Treasury Department also provides current and historical exchange rate information and a Currency Exchange Rates Converter tool on its website.

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