Exact Change

DO NOT COME HERE! Unless you have certain cards or have certain banks, you’re always going to end up losing a little money when you exchange currencies, which is the situation I found myself in. I found a moneygram place not far from here on the calle de alacala which gave about 13% more, and they’re open well after banking hours. The best rates I got were at the banks, from 15% to 20% more than the crappy deal I got here at exact change. Just remember that most banks close before three and plan around that – that’s your best bet.
The only time I came here I was in desperate need for some euros; it was late and no other place was open. These are the only circumstances under which I could recommend using this place; now if you’ve found yourself in this situation, what can I tell yous? EXCHANGE AS LITTLE MONEY AS NECESSARY. It would probably also be good if you learned from this experience: you have just been accosted and violated, this business just had its way with you – don’t let it happen again.

Dear fellow travellers, do not use Exact Change, they will charge up to 40% commissions, and they will not allow you to cancel the transaction. There is no screen on the cashier/​till showing you the amount you will get, and when you want to cancel the transaction — and you will — they will claim that you have renouncer your mandatory consumer rights.
Choose any bank over Exact Change if you care about your hard earned money and not being a fool.