Bureau de Change

The French term “bureau de change” is widely used to denote retail moneychangers and currency exchange offices. The primary function of a bureau de change is the buying and selling of money in multiple currencies.

Bureaus de change earn money on the spread above the price at which they buy currency. Typically, bureaus de change also charge a commission in addition to the spread.

Most commonly, bureaus de change are found at airports, borders, tourist destinations and other locations with a high demand for currency exchange.

More on this topic:
Guide to purchasing foreign currency

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Daniel Dreier is editor and personal finance expert at moneyland.ch.

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