Where to exchange money in Waterloo
Are you heading to Waterloo? 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 Waterloo 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.
Spend abroad without hidden fees
Currency exchanges in Waterloo
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 Waterloo 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 |
|---|---|---|
| Comptoir de l'Or Waterloo | Chau. de Bruxelles 122, 1410 Waterloo, Belgium | +32 2 262 48 31 |
| Wisseldirect | Winderickxplein 3, 1652 Beersel, Belgium | +32 2 669 30 30 |
| DME CHANGE GOLD & EXCHANGE | Rue du Marché Aux Herbes 23, 1000 Bruxelles, Belgium | +32 2 513 01 16 |
| Ria Money Transfer - Bpost | Chau. de Bruxelles 255, 1410 Waterloo, Belgium | +32 2 588 24 14 |
Euro rate today
First off, in case you’re wondering something along the lines of “does Belgium use Euro?”, the answer is yes. The currency in Waterloo — and the rest of Belgium— is Euro
You can also find it written as EUR in currency exchange shops.
What you should know about exchanging money in Waterloo
When exchanging money in Waterloo 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 Belgium 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 Belgium 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 Euros for a fairer rate and fees. The same applies if you get the option on card machines.
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Other currency exchanges
Bottom line
As you can see, there are plenty of options for exchanging money in Waterloo. 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.
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