If someone had Middle East money where would he go to change it? Is there a limit by law into how much you change?Is there a limit for changing foreign currency into dollars?There may well be limits, at least to the extent that you can find a buyer. You can try a local bank, look for a large bank with international operations with a local branch, or you might look for currency brokers in your area. If the currency is from a country that doesn't float the currency, you might have trouble finding a buyer.Is there a limit for changing foreign currency into dollars?Start Calling Banks...
Or
Go to the Airport...
Wherever you go, there will be a charge but it is better to be out a % then to have money you can't spend.
Some big big branches, especially in high international travel cities like New York and Chicago, a BIG BANK should be able to do something for you.
You may need to seek out Curency Exchanges... Again... Most only do this in big international travel cities.
There are ALWAYS places in the airport's international section that do it... But I'm not sure how you can get it to them without having a ticket.
I would start calling banks... They should be the easiest option.Is there a limit for changing foreign currency into dollars?Not all Countries have convertible currencies ..
In UK, the anti-money-laundering laws means that you will be asked for proof of identity where-ever you change your money (in the old days, they only check transactions over 拢10,000 .. but now they have computers that look for 'suspicious patterns' and can 'cross-check' against your Tax return etc.. )
So you might as well use whatever service gives you the best rates .. I suggest you check your Bank first ..Any limits would be based on the bank that you exchange it at. Not all banks do currency exchange and they each have their own rules and regulations. Some things that you may come across are fees. If you don't have an account with that financial institution then you will get a fee for that. If you exchange under a certain amount in %26quot;american%26quot; dollars then there is a fee. If you have a large amount it is up to the bank and the company they exchange through if they are going to accept it or not. The only way to know for sure is to contact banks and ask about the currency exchange policies.No limit to how much you can change though once you reach a certain threshhold you will need to show proof of funds such as you took it out of a bank or sold your house or something like that.
What middle eastern countries currency do you have. Certain countries like Dubai and Kuwaits currency is more valuable than the us. Oothers however like Iraq are not worth much and it will be hard to find someone who will buy it back from you.
Fewer and fewer banks are doing this service anymore, do some googling for a local foreign currency exchange. Two big companies who are in most cities are Travelex or ICE
