Question:
I will be travelling to Tokyo in the next couple of weeks.
Would I get a better exchange rate in the UK or in Japan?
Do they have many currency exchange bureau in Tokyo?
Answer:
If you have an ATM card the best exchange rate will be from the machine itself. CITIBANK machines take all the normal international ATM cards and will be a much better option than carrying cash and exchanging. You can also take advances on a credit card from the same machines and you'll get the best rate without paying any surcharge. Your bank may charge an international transaction fee (maybe as high as 2%) but that's it.
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