Where to exchange money in Indianapolis
Are you heading to Indianapolis? You will want to ensure you are aware of the local currency and how to obtain it. In addition, you may want to keep track of the current exchange rates and where to change your money to the local currency without getting ripped off.
We will give you a list of the best currency exchanges in Indianapolis that you can visit in person.
There is also a digital alternative to consider by using Wise. This could save you both time and money.
Currency exchanges in Indianapolis
Consider using digital alternatives like Wise when looking at currency exchanges. If you still need to have some physical cash, here are a list of currency exchanges you can find in Indianapolis.
A reminder from us - There's no such thing as 0% commission or fee-free so remember to do your research and make an informed decision.
| Money Changer | Address | Contact Information |
|---|---|---|
| MoneyGram | 2321 E 38th St a, Indianapolis, IN 46218, USA | +1 317-923-8249 |
| MoneyGram | 40 N Delaware St, Indianapolis, IN 46204, USA | +1 317-638-0712 |
| Chase Bank | 111 Monument Cir, Indianapolis, IN 46204, USA | +1 317-321-7020 |
US dollar rate today
When you're in Indianapolis, and also the rest of United States, the official currency is the US dollar.
Yet, when you step into a currency exchange shop, you'll notice they use currency codes. The code associated with the US dollar is USD, so be sure to take note of it when comparing exchange rates.
What you should know about exchanging money in Indianapolis
When exchanging money in Indianapolis or any foreign city, it's important to be aware how to get the best deals and avoid excessive charges and hidden fees. If you are planning on staying in the US long-term or looking to make a larger investment you could consider opening a local bank account. Otherwise, use the tips below to help avoid getting overcharged.
1. Be wary of 'zero fee' services
Some services claiming 'no commission' often offer poor exchange rates. These may not reflect the mid-market rate, similar to what you'd see when checking the rate on Google. This can lead to higher costs for you and more profits for them.
2. Research the exchange rate
Check what the current exchange rate is so it's easier to spot a bad deal from currency exchanges.
3. Avoid exchanging money at airports or hotels
It may be highly convenient, but airports and hotels will almost always offer poor rates and high transaction fees. Avoid this where possible.
4. Use ATMs strategically
Check if your local bank has partnerships in the US banks to avoid unwanted ATM fees. It's becoming less of a requirement, but it can be good to inform your bank before traveling too.
5. Pick local currency on ATMs and card payments
When using an ATM abroad, choose to be charged in US dollar for a fairer rate and fees. The same applies if you get the option on card machines.
Say goodbye to overcomplicated currency exchange
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Open a personal Wise account online or in the Wise app, and order a linked debit card for a one-time fee to spend and withdraw money in 150+ countries.
There’s no fee to spend any currency you hold, and no foreign transaction fee to worry about. Use your account when you travel or shop online in foreign currencies, send payments in 70+ currencies, and get your own local bank details in 9 currencies.
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Bottom line
As you can see, there’s no shortage of options when it comes to exchanging money in Indianapolis. Don't forget to do your research on the exchange rate before converting your money, and check Wise out if you want a fuss-free alternative to exchanging cash.This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payment Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.