The opening hours are from 9:00h bis 16:00h, on Thursdays tll ca. 17:30h. Lunch break is usually between 12:30h and 13:30h. You find banks or money changers at the main railway station(Hauptbahnhof) and at the airport, as well as ATM’s.
Open an account:
To open an account an ID or a passport is required.
If you walk for 15 min. you certainly will find a bank or postbank with an ATM. The most frequent bank is the Stadtsparkasse, you can recognize it by the yellow „S“.
All banks and post offices as well as money changers accept alle regular currencies, but they also charge a lot for this service. Post bank is normally cheaper, if you have American Express Travel Cheques you can go directly to American Express at Promenadeplatz(LINK), as long as they are for Euro or DM.
You can recognise ATM’s by their blue and red EC sign. Almost every branch of a bank has one either outside the bank or in the entrance hall. Alle ATM’s accept EC, Master – and Eurocard, most of them also VISA, Cirrus and Plus, some of them American Express, too. The machine behind the AMEX office at the Promenadenplatz also issues travel cheques, but only for Amex card-holders.
Germany is still a „cash country“, you can’t count on the fact that you are able to pay everywhere with your credit card. In bigger hotels and shopping centers you normally won’t have problems.
If you don´t have cash in the surrounding of Munich you might get problems to buy something.
Western Union works pretty well at Reisebank in the Hauptbahnhof (main station), but also at post offices. However, you should not expect the staff at a ordinary post office to speak perfect English. Be aware of the fees: The one minut transfer may cost you!
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