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Frequently Asked Questions (FAQs) EUR-SCP

Do I need to carry with me any kind of ID card to acquire ? Abrir Respuesta

Absolutely. Following the antimoney laundering norms, the French foreign currency suppliers have to demand from you when you change foreign currency an updated and valid ID card. If you order at least they will demand from you for your passport or resident´s identity card called carte nationale d´identité.

How does the euro to currency exchange work? Abrir Respuesta

The EUR-SCP exchange rate is very easy to understand. Like all markets, there are wholesalers and retail companies.

Banks and currency suppliers are retail businesses who buy from currency wholesalers the notes they plan to sell to individuals at the professional exchange rate (interbank exchange rate) and add their profit margin.

They then offer those notes to consumers at their selling price of the day, earning that differene.

E.g, if you wish to get , you go to a bank or currency supplier and pay the sale price of the day they announce. This price already contains a profit margin for the currency supplier.

I have changed Euros to , what can I do with my remaining when I return to France? Abrir Respuesta

Calculate from your currency supplier if your purchase qualifies for a boy back cover right. This means the right to give back a percentage of the of the primary order for free.

If this is not the case, go to our Sell your currency tab, fill in the quantity you have (notes only, not loose coins) and select your city. We will tell you the amount of Euros the different foreign currency suppliers will offer that day in your town for your remaining .

Where to buy and where not to obtain in France Abrir Respuesta

As a rule, we suggest you to obtain your holiday money in safe locations and where they do not impose on you a fee, in addition to a profit margin. Almost all French banks and some physical currency providers will impose on you a currency exchange commission circa 3%, with a minimum (whichever is higher), of 6 to 10 euros.

This means that when you exchange one hundred € to , additionally to an exchange margin, you will be charged a fixed commission of between 6 and 10 euros, since it is a higher quantity than the 3 euros commission that would correspond to applying 3% to 100 euros. If you exchange six hundred euros to , they would impose a 3% commission. That is 18 euros, which is greater than the minimum of of 6 to 10 euros.

Is it safe to make an online purchase or reservation of in France? Abrir Respuesta

If you want to ensure the obtainability of for your vacation, Comparer Devise recommends you to make an online reservation on the Internet site of your preferred currency supplier.

Furthermore, by doing so you skip the possible fees that some holiday money providers in France apply to you if you present yourself directly in one of their stores.

In France when you reserve online on your bank's website or App, you will still be charged their currency fee of around two to three per cent, and you will pay at the exchange rates of the day of collection, not those of the day of the online booking.

Is there a limit to the amount of that I can buy from an online supplier in France? Abrir Respuesta

Normally, foreign currency providers in France have high limits for a single online order of or any other holiday money. These maximum quantities are fixed by the Banque de France. They are related to the money laundering prevention regulations and Know Your Customer (KYC) obligations.

Nevertheless, these exchange ceilings usually vary between 3,000 and 5,900 euros, which is a lot more than what a traveler needs for their travel expenses.

How will I get the best euro to exchange rate today? Abrir Respuesta

To get the best euro to exchange rate, we advise you do a search on Comparer Devise.

You will see that a column appears in the result page that states EUR-SCP exchange today.

Next examine the amount below for every currency provider. With reference to banks, we show you an average rate, but bear in mind that practically all of them in France charge you, in addition to the price, a commission of 2.5 to 3% on average, with a minimum of between six to ten €.

The exchange rate you see is known as direct exchange euro to and the higher that number is, the more you will get for each Euro you spend. Comparer Devise compares the exchange rates every day so that you get the best currency exchange every time when you order .

Is the online purchase of safe in France? Abrir Respuesta

In France, currency providers and some banks are beginning to propose online currency exchange services to their users with these delivery options:

  • a) buy now and pay now online and get the currency at home/the office or collect it from a branch of the courier company (Correos, MRW, Seur, Nacex, etc.). Some of them will allow you to pay cash on delivery when you will be delivered the order in hand.
  • b) place a reservation for . Afterwards select a branch of the supplier where to pick it up from (online payment with a bank card).
  • c) do a booking for . Afterwards select a branch near your home or work where to pick up and pay. In this modality, the price you obtain may be in some cases that of the day you made the online booking, and in others, the price the day you go through the store of the travel money supplier.

Go for the option that better suits you. Comparer Devise makes it easy for you to compare.

Where can I buy during my holidays in France? Abrir Respuesta

Traditionally, when we need in France we only think of banks. Yet we do not seem to remember that practically virtually all banks in France apply on you a a margin on the that you purchase from them, as well as, a fixed commission of 3% (with a minimum of between 6 and 10 euros).

This makes the currency exchange more expensive and in most cases it is much more recommended to exchange travel money at currency provider. These companies offer the option of ordering your via home delivery or click and collect.

In regard to the airport, it is always the least interesting option for it is much less interesting than the foreign exchange providers based out of these premises.

When is the best moment to buy ? Abrir Respuesta

The euro to price oscillates every day. The currencies of countries with more stable economies change less, and vice-versa. Nevertheless it is also necessary to take into account situations such as Brexit or the Ukraine war, major sporting events or economic crisis, which can alter the exchange rates of a specific currency, like the , right away.

In any case, most currency suppliers and banks usually alter the rate at which they sell or buy once a day, first thing in the morning.Comparer Devise always has its travel money rates up to date, so that you are shown the best data available on exchange rates.

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