Strasbourg Study Abroad Program

Handling Money

Contact your bank before you travel

  • Some banks have security measures that will not allow you to access money overseas.
  • Find out what charges you might incur while traveling. Most banks will charge for each overseas debit/credit card use.
  • Standard charges vary between no fees at all and as much as 3% of the total purchase.

Using a debit card while traveling is recommended

  • Like in the US, almost everywhere you go will accept debit cards, except for some of the smaller shops.
  • If something happens to the debit card, it will be easier to replace than lost cash.
  • There is an ATM right next to the Foyer.
  • Bringing a debit and or credit card with you is highly advisable for emergencies or for side trips where you may have unanticipated expenses.

Money you may use

  • Most of Europe (including France) uses the Euro.
  • England, Scotland & Northern Ireland use the Pound.
  • Switzerland uses the Swiss Franc.
  • If you do want to exchange Dollars to Euros, Francs, or Pounds before you leave for Europe try to do so in a larger city.
  • Check here to see latest exchange rates

Fraud

  • Be careful where you use your debit/credit card.  Fraud and stealing credit card and debit card numbers is on the rise. 
  • One solution to debit/credit card fraud is to use local currency when making purchases. Traveling with all cash may be somewhat risky. However, if you are careful with your money and never carry a large amount at any given time, you do minimize that risk. Also, purchasing a good money belt will keep your valuables safe and secure.
  • Setting a budget and using local currency may allow individuals to keep a better track of their spending.