What To Know
- If you prefer to exchange currency before arriving at Memphis Airport, you can do so at your local bank or through online currency exchange services.
- Whether you’re a seasoned traveler or a first-time flyer, Memphis International Airport has you covered for all your currency exchange needs.
- Do I need to have an airline ticket to exchange currency at Memphis Airport.
The answer is a resounding yes! Memphis International Airport (MEM) offers multiple currency exchange services to cater to the needs of international travelers. Whether you’re embarking on a global adventure or returning home with foreign currency, MEM has got you covered.
Currency Exchange Locations at Memphis Airport
1. Travelex
- Location: Concourse B, near Gate B1
- Hours: 6:00 AM – 10:00 PM
2. Currency Exchange International (CEI)
- Location: Concourse C, near Gate C1
- Hours: 6:00 AM – 10:00 PM
How to Exchange Currency at Memphis Airport
Exchanging currency at MEM is a straightforward process:
1. Locate the Currency Exchange Counter: Visit one of the designated currency exchange counters mentioned above.
2. Present Your Identification: You will need to present a valid government-issued ID, such as a passport or driver’s license.
3. Provide the Currency: Hand over the currency you wish to exchange.
4. Receive Your Exchange: The currency exchange agent will provide you with the equivalent amount in your desired currency.
Exchange Rates and Fees
Exchange rates and fees vary depending on the currency and the amount being exchanged. It’s recommended to check the real-time rates at the currency exchange counter before making a transaction. Travelex and CEI typically charge a flat fee for currency exchange, which may range from $5 to $15.
Tips for Exchanging Currency at Memphis Airport
- Exchange Small Amounts: It’s generally advisable to exchange only the amount of currency you need immediately, as exchange rates can fluctuate.
- Compare Rates: Take a moment to compare rates at both currency exchange counters before making a decision.
- Use a Credit or Debit Card: If possible, consider using a credit or debit card that offers foreign currency exchange without additional fees.
- Declare Currency: If you’re carrying more than $10,000 in cash, you must declare it to U.S. Customs and Border Protection (CBP) upon arrival or departure.
- Keep Receipts: Keep the receipts from your currency exchange transactions for your records.
ATMs at Memphis Airport
In addition to currency exchange counters, Memphis Airport also has several ATMs that dispense foreign currency. These ATMs may offer more competitive exchange rates than the currency exchange counters, but they may also charge additional fees.
Other Currency Exchange Options
If you prefer to exchange currency before arriving at Memphis Airport, you can do so at your local bank or through online currency exchange services. However, it’s important to note that these options may have different exchange rates and fees than those available at the airport.
Final Note: Making Currency Exchange a Breeze at Memphis Airport
Whether you’re a seasoned traveler or a first-time flyer, Memphis International Airport has you covered for all your currency exchange needs. With multiple currency exchange counters and ATMs, you can quickly and conveniently convert your funds into the currency of your destination. By following the tips outlined in this guide, you can ensure a smooth and cost-effective currency exchange experience at MEM.
Questions We Hear a Lot
1. What currencies are available for exchange at Memphis Airport?
A: Memphis Airport offers a wide range of currencies, including major currencies such as the Euro, British Pound, Canadian Dollar, and Japanese Yen.
2. Can I exchange coins at Memphis Airport?
A: Yes, both Travelex and CEI accept coins for exchange. However, the exchange rates for coins may be less favorable than for banknotes.
3. Do I need to have an airline ticket to exchange currency at Memphis Airport?
A: No, you do not need an airline ticket to exchange currency at Memphis Airport. Currency exchange services are available to all travelers.
4. Can I exchange foreign currency back to U.S. Dollars at Memphis Airport?
A: Yes, you can exchange foreign currency back to U.S. Dollars at the same currency exchange counters where you exchanged it initially.
5. Are there any restrictions on the amount of currency I can exchange at Memphis Airport?
A: There are no restrictions on the amount of currency you can exchange at Memphis Airport. However, if you’re carrying more than $10,000 in cash, you must declare it to U.S. Customs and Border Protection (CBP).
