The best way to withdraw money is from an
ATM, as there’s no charge or commission (except if your bank imposes some charge). You can also get a
cash advance in major banks and exchange offices, some of these don’t charge any commission. Most private exchange offices in Prague charge commission of up to 10% and they will advertise higher exchange rates hoping customers will not realize this is a high commission. You can negotiate commission at any exchange office. Generally it depends on how much you are exchanging but they’re willing to lower commission to 3%.
Bureau de change is probably the most useful if you need money at the weekend or outside of normal business hours - otherwise we do not recommend them. Hotels and souvenirs shops usually charge around 5% to 6% commission. Never change money on the street, there have been several cases where customers received
counterfeit notes.
