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    A Truly Confusing Exchange

    | USA | Extra Stupid, Money, Technology, Tourists/Travel

    (I have a customer who is getting ready to travel out of the country. I often have people ask about using cash, travelers checks, and credit cards while abroad.)

    Me: “… Another option that is available to you is using ATMs to get cash out once you are where you are going. That way you aren’t walking around and traveling with a large sum of cash.”

    Customer: “Yeah, I can get some money and exchange it at a bank there.”

    Me: “No, you can just get the money from the ATM directly without having to

    exchange it.”

    Customer: “But the money I get from the ATM is US dollar.”

    Me: “No, the ATM dispenses the local currency.”

    Customer: “Why can’t I get money from an ATM when I’m out of the country?”

    Me: “You can. It will just be in the local currency.”

    Customer: “This is unacceptable! Why can’t I get US money from an ATM?!”

    Me: “Because the ATM is not in the US. The same reason our ATM out front does not dispense any money other than US currency.”

    Customer: “I just can’t understand why I can’t get my money when I’m traveling!”