Hi, We will be in Prague for four days this June and It will be our first time. There will be 4 of us and We would like to have some koruna with us before We leave .Our hotel and transfer will be paid through our cards already so it is just the daily expenses of food . Breakfast is included in our hotel already. Not sure what would be a reasonable amount for 4 of us. I understand that this is subjective. Thanks for your suggestions.
Same answer for everywhere in the world. Bring zero. Get it out of ATMs when you arrive and subsequently as you need it.
Thanks Ed. Can it be any ATM or it has to be the one inside the bank?
Some people feel more comfortable using one in a bank foyer.
I live out of foreign ATMs half the year and I've never even been in a bank foyer
Take your pick.
Ed answered your question, but if you have any other money concerns, here's Rick's page of tips: http://www.ricksteves.com/travel-tips/money. Read all the links on that page, and you'll be an expert.
ATM's in Prague are as prevalent as they are in San Francisco. The only difference in using them is that once you insert your card, you can choose the language (so don't worry if the screen initially shows only Czech; you can choose English). Know your bank's withdrawal limit in dollars, and convert this to koruna before you leave using this website: http://www.xe.com/currencyconverter/. That way, you'll know how much you can take out at a time. If you have leftover koruna as you are leaving, use them to pay down your hotel bill before putting the remainder of the balance on your credit card.
A lot of people miss that the language switch is often done by flag icons rather than by words. If there's not an American one, use the British flag.
Thanks Harold and Ed. I will read the link , Thanks for your suggestions Harold to use the left over koruna if any to pay off the balance for our hotel bill. I am not sure why it never occurs to me till you mention it.
Sally, We just got back from our trip to Berlin, Prague, Vienna, and Budapest. We used ATM machines - free standing ones, ones with foyers, ones connected to banks - all went well. Because we have a Charles Schwab account - no fees (any fees charged will be refunded) - so we only took out what we needed as we went along. We ended up with just minor change leftover for each destination.