Feb 10 2018, 08:30 PM
QUOTE(sendo7 @ Jan 19 2018, 11:45 AM)
Hi. I will be traveling to Moscow for business trip. I just wonder what is best way to get Russian currency?
1) exchange usd in Malaysia first, then exchange Russian ruble in Moscow
2) use cash or atm withdrawal from Russian ATM
Which way is better? In order to minimize the cost. Need advice thank you
Probably 2) but you should first ask your bank about fees and conversion rates,many banks convert at interbank rate + 1-3%1) exchange usd in Malaysia first, then exchange Russian ruble in Moscow
2) use cash or atm withdrawal from Russian ATM
Which way is better? In order to minimize the cost. Need advice thank you
With 1) you will convert twice, every conversion costs money. Money exchangers can charge almost whatever they want.
Also you should check with your bank the charges for using credit/debit card in Russia. Often it is more favourable to pay with card than withdraw from ATM.
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