Notifications
Clear all

Question on Euros  

 

gdouse
(@gdouse)
New Member
Joined: 5 years ago
Posts: 2
July 24, 2015 10:45 pm  

Hi, all! My first time posting in the forum! Originally Vermonters, my husband and I live in North Carolina and we are considering moving to STX when I retire on April 30th, 2020. I know, it seems like a long time away, but it's only a drop in the bucket of time at age 60! 🙂 It's going to fly by, and we hope to be very prepared by the time we actually arrive. This forum is a huge help, and we have learned a lot as lurkers.

We have visited St Thomas and St John, and we will be visiting STX in May 2016 for two weeks to really look around and make a decision as to whether or not we think this is THE island for us! We have cruised and stayed on many Caribbean islands, and we have narrowed it down to USVI. I wish to choose STX due to the more rural nature and larger size. But time will tell!

When we come in May, we were wondering if there are restaurants and stores that accept Euros. We have some left over from a trip we took last year, and it's very difficult to get a bank to exchange them here in NC. My hubby was thinking that because many Europeans love traveling the islands, it may be possible that there are places we can spend or exchange them on STX. Any idea? Thanks for any help you can give! I look forward to asking a ton of questions while we are on STX! Thank you in advance for your assistance!

Glad 🙂


Quote
StCroixBeachBoy
(@StCroixBeachBoy)
Advanced Member
Joined: 10 years ago
Posts: 95
July 24, 2015 11:31 pm  

We are a United States territory; you're not going to find a store here on St Croix that will accept Euros. You should be able to exchange them back to U.S. currency at home; I've done it with many banks in even rural areas in the states. Nevertheless, I know that Bank of Nova Scotia will exchange them here. I purchase Euros there (they need advance notice) before I go to Europe.


ReplyQuote
Scubadoo
(@Scubadoo)
Trusted Member
Joined: 6 years ago
Posts: 2312
July 25, 2015 2:04 am  

You can also exchange them at RDU and CLT airports.


ReplyQuote
speee1dy
(@speee1dy)
Expert
Joined: 12 years ago
Posts: 8762
July 25, 2015 9:34 am  

just take them to your local bank and exchange them


ReplyQuote
Exit Zero
(@exit-zero)
Trusted Member Registered
Joined: 12 years ago
Posts: 2349
July 25, 2015 10:56 am  

I have occasionally just deposited them in my saving account and it seems eventually the bank works it out. I have no clue what kind of exchange rate was used so I doubt it is the best way to exchange them.

I have seen exchange booths/windows at most major airports especially any with International flights.


ReplyQuote
Afriend
(@afriend)
Advanced Member
Joined: 14 years ago
Posts: 497
July 25, 2015 11:11 am  

Just to reiterate, Euro's are not accepted in the USVI's.

As others have said, any major US bank (Chase, Citibank, Bank of America, Wells Fargo , HBSC, Capital One, to name a few) will exchange Euros to $US - if the teller seems perplexed just ask for one of the bank's officers to assist you. This is a routine transaction for any experienced banker.

You can also go to any of the Currency Exchange Booths at most major airports to exchange your money.


ReplyQuote
STXBob
(@STXBob)
Trusted Member
Joined: 14 years ago
Posts: 2138
July 25, 2015 11:11 am  

Maybe somebody on this forum who is heading to Euro-land will be interested in trading Dollars for your Euros.

Or hold onto the Euros for your next trip. That's what I do, so when I go back, I have some starting cash, and I'm not forced to change money at the airport at unfavorable rates.

Once I held currency for so long that it was no longer being issued (the Canadian $2 bill), and a merchant asked if I really wanted to spend it because it's now a collector's item.


ReplyQuote
gdouse
(@gdouse)
New Member
Joined: 5 years ago
Posts: 2
July 25, 2015 12:08 pm  

We are a United States territory; you're not going to find a store here on St Croix that will accept Euros. You should be able to exchange them back to U.S. currency at home; I've done it with many banks in even rural areas in the states. Nevertheless, I know that Bank of Nova Scotia will exchange them here. I purchase Euros there (they need advance notice) before I go to Europe.

Yes, I thought because we have an account, our local bank would exchange them. Nope. I called Bank of America, and they would only take them if we had an a account there. No thanks.I was pretty sure STX would not accept them at retail venues, but thought it worth the question. We'll bring them when we travel and exchange at the airport or at Bank of Nova Scotia. I appreciate all the responses! Can't wait for May!


ReplyQuote
vicanuck
(@vicanuck)
Trusted Member
Joined: 10 years ago
Posts: 2481
July 27, 2015 6:10 pm  

The reason the bank wouldn't accept them there unless you have an account is in case they turn out to be fake. They can debit the amount back from your account.


ReplyQuote
DL
 DL
(@DL)
Advanced Member
Joined: 13 years ago
Posts: 312
July 28, 2015 1:59 pm  

Go to the airport when people are checking in for a flight to St. Martin and offer someone to exchange them at the market rate.


ReplyQuote
SausageInTheCan
(@SausageInTheCan)
Advanced Member
Joined: 7 years ago
Posts: 396
July 28, 2015 9:11 pm  

I have Monopoly money I need to exchange. Will Park Place take it or maybe Reading Railroad?


ReplyQuote
Juanita
(@Juanita)
Expert
Joined: 14 years ago
Posts: 3111
July 29, 2015 11:17 am  

Go to the airport when people are checking in for a flight to St. Martin and offer someone to exchange them at the market rate.

Sounds like a good idea "in theory", but not sure airport security would allow it, plus wouldn't you be a bit hesitant to exchange money with and individual, you didn't know, at the airport? I would.


ReplyQuote
speee1dy
(@speee1dy)
Expert
Joined: 12 years ago
Posts: 8762
July 29, 2015 2:44 pm  

why not just open an account at boa, exchange the money and if you dont like the bank, close it after a month or so


ReplyQuote
Settlers Handbook

Thinking about moving to the Virgin Islands?

The Settler's Handbook is a Indispensable Guide

The current 19th Edition, will help you explore your dream of island living. A solid reference book, it was first published in 1975. That's 40+ years of helping people move to the Virgin Islands.

Order Today $17.95
Close Menu