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Old 30.01.2015, 15:33
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Advice on picking up USD for holiday

Hi all

I'm travelling to California in March, I thought now might be a good time to buy some travel money.

I can pay in either CHF or GBP, over the counter or online, but what is the best method of buying say $1000US for spending money?

Bonus points for using small words, speaking slowly and not arguing amongst yourselves about the peg, the French, etc.
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Old 30.01.2015, 15:41
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Re: Advice on picking up USD for holiday

[Geneve]Have USD, need CHF

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Hi all

I'm travelling to California in March, I thought now might be a good time to buy some travel money.

I can pay in either CHF or GBP, over the counter or online, but what is the best method of buying say $1000US for spending money?

Bonus points for using small words, speaking slowly and not arguing amongst yourselves about the peg, the French, etc.
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Old 30.01.2015, 15:43
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Re: Advice on picking up USD for holiday

Thanks simple but i'm far from Genf and would prefer something with a little more security (no offence to Bugger)
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Old 30.01.2015, 15:45
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Re: Advice on picking up USD for holiday

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Thanks simple but i'm far from Genf and would prefer something with a little more security (no offence to Bugger)
A few weeks before you travel go online to your "online banking" - check your cash/maestro card is "ticked" to work in the US.

Go on holiday, take out cash when you need it

That is by far the simplest way of doing it. For the cost on 1,000USD anything else (IMHO) is not worth the hassle.
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Old 30.01.2015, 15:52
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Re: Advice on picking up USD for holiday

Or a cash card in USD ? 1% charge on topping up, https://www.postfinance.ch/en/priv/p...ash/offer.html
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Old 30.01.2015, 16:06
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Re: Advice on picking up USD for holiday

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(no offence to Bugger)

It still is in some countries
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Old 30.01.2015, 16:30
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Re: Advice on picking up USD for holiday

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Or a cash card in USD ? 1% charge on topping up, https://www.postfinance.ch/en/priv/p...ash/offer.html
We use this card in tandem with our Swiss and U.S. credit cards, and have found it very convenient. If it is lost, you're not out the money on it.

But do watch those ATM fees! Your best bet is to find a credit union ATM, as those charge lower fees and sometimes let you take out more cash in one transaction. Also I think there's a limit of 2000 per day (24 hour clock, not calendar) set by TravelCash.

Example: If you go to most regular banks in the U.S., the most you can withdraw in one transaction is about $600. The card charges you $5 for the transaction and the bank $2.50. Total cost of 1.25%. My credit union allows $980 per transaction and charges just $1.50. Total cost 0.66%. (plus the loading fee)
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Old 30.01.2015, 17:25
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Re: Advice on picking up USD for holiday

Another advantage of a card is that I would be reluctant to have $1,000 in cash on me. The States are very much safer than they were 20-30 years ago, but they are not Swiss mountain villages, where I have no qualms about carrying 6 weeks' supply of CHF. Of course I worry until I am out of Geneva
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Old 30.01.2015, 17:47
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Re: Advice on picking up USD for holiday

Most businesses in the us take not much cash, when i travel to the us, i take
around 400-500 USD in cash, notes smaller then 20 USD , because many shops
don't have much change.
For bigger shopping i got my credit card, generally you get better exchange rate using then credit card compared to use cash.
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Old 30.01.2015, 21:10
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Re: Advice on picking up USD for holiday

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Most businesses in the us take not much cash, when i travel to the us, i take
around 400-500 USD in cash, notes smaller then 20 USD , because many shops
don't have much change.
For bigger shopping i got my credit card, generally you get better exchange rate using then credit card compared to use cash.


It's a good point, most use cards, vs cash so change can be a problem. I had $20 emergency money and a card, never used cash for years!
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Old 30.01.2015, 23:23
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Re: Advice on picking up USD for holiday

1. Go to bank
2. Ask for USD
3. Give CHF
4. Job done
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Old 30.01.2015, 23:28
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Re: Advice on picking up USD for holiday

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1. Go to bank
2. Ask for USD
3. Give CHF
4. Job done
PS - You don't even have to be a customer in most cases. OH went to the bank that's closest to his work (not an account holder) and they had USDs for him. No charge for the transaction. This was at a cantonal bank, if that matters.
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