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Where to exchange money in Philadelphia
If you’re planning a trip to Philadelphia, it will definitely be useful to know how to obtain the local currency. Additionally, you may want to be aware of the current exchange rate and the most convenient places to exchange your money.
On this page, we’ll provide you with a list of the best places to exchange currency in Philadelphia. We’ll also introduce you to an alternative, Wise, which may be more cost-effective and save you the hassle of visiting a physical location
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Currency exchanges in Philadelphia
We are aware that there can be times when you need to have some local currency on hand, so avoiding currency exchanges altogether isn't always possible. We have provided a list of currency exchanges you can find in Philadelphia below.
Don't forget to refresh yourself on the advice in this article to help get the most out of your cash whilst abroad.
Money Changer | Address | Contact Information |
---|---|---|
TD Bank Foreign Currency Exchange Center | 1726 Walnut St, Philadelphia, PA 19103, USA | +1 215-546-1655 |
Currency Exchange Terminal A-West arrival | 8500 Essington Avenuem,Level 3 - International, Arrivals Rd, Philadelphia, PA 19153, USA | - |
Global Currency Services Inc | 857 E Allegheny Ave, Philadelphia, PA 19134, USA | +1 215-425-8940 |
Global Currency | 2990 Richmond St, Philadelphia, PA 19134, USA | +1 215-739-5727 |
Financial Exchange Center | 2933 N 22nd St, Philadelphia, PA 19132, USA | +1 215-225-8910 |
Western Union | 33 S 11th St, Philadelphia, PA 19107, USA | +1 215-665-9083 |
Financial Exchange Co of Pa | 2200 Washington Ave, Philadelphia, PA 19146, USA | +1 215-985-0303 |
US dollar rate today
The currency used in Philadelphia, as well as the rest of United States is US dollar.
However, when visiting a currency exchange shop you will notice they use currency codes. The code for US dollar is USD. Keep an eye out for this if you want to compare exchange rates.
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What you should know about exchanging money in Philadelphia
When exchanging money in Philadelphia 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 USA 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 USA 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.
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Currency exchange bureau who?
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And what's even better, at the mid-market exchange rate. Low fees and fair rates all around the world, that's the Wise way!
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Bottom line
As you can see, there are plenty of options for exchanging money in Philadelphia. Remember to do your research on the exchange rate and get the most out of your trip. For a fuss-free alternative to exchanging cash, check out Wise.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.