How Do I Withdraw Money From Prague?

By Anna Duncan

Are you planning a trip to Prague and wondering how to withdraw money while you’re there? Don’t worry, it’s a common concern for many travelers. In this article, we’ll guide you through the process of withdrawing money in Prague, so you can have a hassle-free experience.

Step 1: Find an ATM

The first step is to find an ATM that accepts your debit or credit card. Most ATMs in Prague accept international cards, but it’s always better to check with your bank beforehand.

You can easily find ATMs located at the airport, train stations, and city centers. Look for the logos of major card networks like Visa, MasterCard, or Maestro.

Step 2: Check the Exchange Rate

Before withdrawing money, check the exchange rate to get an idea of how much Czech Koruna (CZK) you’ll receive in return for your currency. You can check the exchange rate online or through a currency converter app on your phone.

Step 3: Withdraw Money

Once you’ve found an ATM that accepts your card and checked the exchange rate, it’s time to withdraw money. Follow these simple steps:

  1. Insert your card into the ATM slot.
  2. Select your preferred language.
  3. Enter your PIN (Personal Identification Number).
  4. Select the amount of money you want to withdraw.
  5. Confirm the transaction.
  6. Wait for the machine to dispense cash and return your card.

Note:

  • The amount of cash you can withdraw may vary depending on your bank’s withdrawal limit and the machine’s availability of cash.
  • You may be charged a foreign transaction fee by your bank for using an international ATM. Check with your bank about their fees before traveling.

Step 4: Keep Your Money Safe

Prague is a relatively safe city, but it’s always better to be cautious and keep your money and cards safe. Here are some tips:

  • Don’t withdraw too much cash at once. Keep only the amount you need for the day and leave the rest in a secure place, like a hotel safe.
  • Avoid using ATMs located in isolated areas or at night. Use ones located inside banks or shopping centers instead.
  • Be aware of your surroundings while withdrawing money. If you notice anything suspicious, cancel the transaction immediately and walk away.
  • If you lose your card or it gets stolen, report it to your bank immediately so they can block it and prevent any unauthorized transactions.

Conclusion

Withdrawing money in Prague is a simple process if you follow these steps. Just remember to check the exchange rate, withdraw money from reputable ATMs, and keep your cards and cash safe. By following these tips, you’ll have a stress-free experience while enjoying all that Prague has to offer.