How to Exchange Money in Madrid & Spain
|Upon arriving in Madrid, one can exchange money in several different ways. There are Currency Exchange counters (American Express among them) in Madrid Barajas Airport. One can also exchange cash in most all banks. Almost no one accepts travelers checks anymore, by the way. When exchanging cash or travelers checks at Cash Exchange counters and banks, expect to pay a high commission fee as well as a poor exchange rate. I find it best to withdraw cash from ATM machines located throughout Madrid and Spain. Commissions and exchange rates are much much better but be sure to know your 4-Digit PIN number.
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