seattle airport money exchange

Seattle Airport Money Exchange: A Traveler’s Guide

Seattle-Tacoma International Airport (SEA), a major travel hub, offers currency exchange services to cater to international travelers. However, these services often come with less favorable exchange rates and higher fees compared to other options, so understanding your choices is crucial before exchanging your money.

Knowing your options for currency exchange at SeaTac can help you avoid unnecessary expenses and ensure you have the necessary local currency upon arrival at your destination or returning home.

Currency Exchange Options at Seattle Airport

While it’s convenient, exchanging currency at the airport isn’t always the most cost-effective solution. SeaTac Airport primarily relies on Travelex as its main provider for currency exchange services. You’ll find their kiosks located in various terminals throughout the airport.

Consider these factors before using the airport’s exchange services:

* Exchange Rates: Airport exchange rates are generally less competitive than those offered by banks, credit unions, or online currency exchange services.
* Fees and Commissions: In addition to less favorable exchange rates, airport kiosks often charge fees or commissions, further reducing the amount of currency you receive.
* Convenience: The main advantage of airport exchange is convenience. They are readily available, especially if you didn’t have time to exchange currency beforehand.
* Availability: Kiosks are usually open during peak travel hours, but may have limited availability during off-peak times or late at night.

Alternatives to Airport Currency Exchange

Before resorting to airport exchange services, consider these alternatives:

* Your Bank or Credit Union: Your local bank or credit union often offers more competitive exchange rates and lower fees than airport kiosks. Plan ahead and order currency a few days before your trip.
* Online Currency Exchange Services: Online platforms like Wise (formerly TransferWise) or similar services can provide better exchange rates and lower fees. However, allow sufficient time for delivery.
* ATMs: Using your debit card at an ATM in your destination country can often be a cost-effective option, as you’ll typically receive the interbank exchange rate, although your bank may charge transaction fees. Check with your bank about international fees before traveling. Learn more about foreign exchange rates on Wikipedia.
* Credit Cards: Many credit cards don’t charge foreign transaction fees, making them a convenient way to pay for purchases abroad. Check your card’s terms and conditions.

Tips for Exchanging Currency at SeaTac

If you must exchange currency at the airport, keep these tips in mind:

* Compare Rates: Even within the airport, check the rates at different Travelex locations if possible.
* Exchange Only What You Need: Avoid exchanging large sums of money at the airport, as you’ll likely get a better rate elsewhere.
* Ask About Fees: Inquire about all fees and commissions before completing the transaction.
* Consider Smaller Denominations: Request smaller denominations of the local currency for easier use.

Frequently Asked Questions

Is it better to exchange money before or after arriving at SeaTac?

Exchanging currency before arriving at SeaTac is generally preferable due to better exchange rates and lower fees offered by banks, credit unions, and online services.

Are there ATMs at Seattle Airport?

Yes, ATMs are available throughout SeaTac Airport, allowing you to withdraw local currency using your debit card.

What is the best way to get foreign currency in Seattle?

The best way to obtain foreign currency in Seattle is typically through your bank or credit union a few days before your trip.

Does Travelex at SeaTac buy back currency?

Yes, Travelex at SeaTac offers currency buy-back services, but be aware that the exchange rates may not be favorable.

What fees does Travelex charge at SeaTac?

Travelex typically charges both a commission and a markup on the exchange rate, which can vary depending on the currency and the transaction amount. It’s best to inquire specifically about these fees before completing the exchange.

Summary

While Seattle Airport offers currency exchange services through Travelex, these are generally more expensive than alternatives like banks, credit unions, online platforms, or ATMs. Carefully consider your options and plan ahead to secure the best possible exchange rates and minimize fees. Exchanging only the necessary amount at the airport as a last resort is recommended.