Where to exchange money in Waterloo
If you're planning a trip to Waterloo, it's important to know how to get the currency of the country you’re visiting. Also, you might want to know the current exchange rate and the best places to withdraw cash.
So, on this page, we’ll show you the best places to exchange currency in Waterloo, and we’ll show you an alternative, Wise – which may be cheaper and help you save the effort of going to a physical location – but more on this later.
Currency exchanges in Waterloo
If you have a need to use cash, here are some recommendations to exchange foreign currency in Waterloo.
Just remember, there's no such thing as completely free or 0% commission when exchanging money. Always check the mid-market exchange rate beforehand so you know the real value of your money.
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
The accepted currency in Waterloo and across Belgium is the Euro.
However, when you visit a currency exchange, you'll find that they use currency codes. Specifically, the currency code for the Euro is EUR. Keep an eye out for this code if you're comparing exchange rates.
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 Euro for a fairer rate and fees. The same applies if you get the option on card machines.
Consider an alternative to physical currency exchanges
Say goodbye to overcomplicated currency exchange. Wise can help you get a better deal on currency conversion in over 40 currencies, with the mid-market exchange rate and low fees.
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.
Get a Wise Account in minutes!Please see the Terms of Use for your region or visit Wise fees & pricing for the most up-to-date information on pricing and fees.
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Bottom line
From the list above you should have plenty of options for finding a physical currency exchange in Waterloo. If you'd like more options, try searching on a search engine like Google.Finally, don't forget to check out Wise - The digital alternative to exchanging and spending cash abroad.
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.