Buy USD cash?

[thedirtyteller]

Hello, I currently live in Romania. Does anyone here know the cheapest and easiest way to buy USD? I don't want digits on a computer screen but actual cash. Not a big amount around 10 000 - 20 000

 

[Martin Everson]

What currency are you looking to buy USD with?

Whats wrong with a Bureau De Change in your country or a bank?

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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.

 

[lithex]

What currency are you converting from? The cheapest and easiest way to buy USD would be through licensed EMI or OTC brokerage.

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Bertram
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Lithex OTC Desk

 

[thedirtyteller]

Martin Everson said:
What currency are you looking to buy USD with?

Whats wrong with a Bureau De Change in your country or a bank?
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It will either be RON or EUR. The bank I have here in Romania ING only provides a checking account with USD but they won't allow me to withdraw it. As if there is something as convincing as digits on a screen. Won't most exchanges take a lot in fees and with shady exchange rates? I've never bought currencies before, so that will explain why I'm not so knowledgable about this.

lithex said:
What currency are you converting from? The cheapest and easiest way to buy USD would be through licensed EMI or OTC brokerage.

​

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I want cash though

 

[Sols]

thedirtyteller said:
Won't most exchanges take a lot in fees and with shady exchange rates?
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It's how they make money. But it's probably the easiest option you have. Just look up the latest exchange rates with ECB for EUR and BNR for RON and see how they compare to the exchange rates being offered. You might have to do it in multiple smaller transactions.

Another option would be to speak with other international banks. Big ones like Erste, Unicredit, Alpha Bank, and Intesa might be able to accommodate an exchange if you make arrangements in advance. You don't necessarily need to open an account with them.

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This is the probably the answer to your question.

 

[JohnnyDoe]

There was a time when Amex shipped foreign currency to your home. I guess this time has long gone?

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@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields​

 

[JackAlabama]

thedirtyteller said:
It will either be RON or EUR. The bank I have here in Romania ING only provides a checking account with USD but they won't allow me to withdraw it. As if there is something as convincing as digits on a screen. Won't most exchanges take a lot in fees and with shady exchange rates? I've never bought currencies before, so that will explain why I'm not so knowledgable about this.


I want cash though
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Don't you have usd exchange offices at your nearest airport?
Otherwise you would need to travel to some other eu countries which have usd in their local exchange offices.

 

[ukworldwide]

Thomas Global Exchange in London is the best for cash exchange. You can do up to £2000 without ID. for 10,000 USD they will want to do KYC checks. Under £5000 you can likely get with just a passport. Or multiple trips.

 

[wellington]

Buy USDC/BUSD/ etc it's digital-physical (on-chain) can move between native and local etc

 

[backpacker]

wellington said:
Buy USDC/BUSD/ etc it's digital-physical (on-chain) can move between native and local etc
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Why?
The OP said: "I don't want digits on a computer screen but actual cash. ...".

 

[Martin Everson]

wellington said:
Buy USDC/BUSD/ etc it's digital-physical (on-chain) can move between native and local etc
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lol.....never heard of concept of "digital-physical".

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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.