Kantor: "First buy Polish currency - zloty" Top 5 Page for this destination Warsaw Shopping Tip by matcrazy1

Warsaw Shopping: 100 reviews and 171 photos

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    by matcrazy1
 

Polish currency is called "zloty" and it's probably the first thing you have to buy after coming from abroad at least until Poland gets European Union (EU) currency that is Euro (probably 2010 together with Czech and Hungary).

Poland before joining EU had already comitted itself to introduce Euro. Polish law says that you may pay in Euro for everything (but you may get a change in zloty) but it's dead law, not followed by law enforcement. In fact, I saw prices given in Euro exclusively in tall boots at the entrance to toll freeway and everywhere close to German border :-). In chain supermarkets you may pay Euro but if possible don't do it. You may pay more as their course zloty - euro is mostly bad for those paying in euro.

As for now (2006) most people, Polish president, government and some (many?) economists say later better. Polish currency slowly is more and more worth to all main currencies - euro, British pound, Swiss frank and US dollar. Polish Ministry of Finance (Department of Treausure) claims that Poland will be ready to get Euro in 2009. So, probably in 2010 Poland will get it.

In the Old town both there is both KANTOR and ATM in Swietojanska Street, between the Royal castle and the Old Town Market Square.


What to buy: If you have cash to change into Polish currency look for KANTOR - it's a Polish name for privately owned, usually small exchange office. Do not go to any bank unless you want to spend long time in a line. There are numerous (hundreds) KANTOR: in air terminals, railway stations, bus terminals, hotels and along main streets as well as in residential suburbs.

If you use credit or debit card look for ATMs. They always accept Visa and Eurocard/Mastercard, sometimes American Express, never Discovery card. There are even more numerous than KANTOR and often put by banks as well, sometimes indoor (you have to use your card to be let in). All ATMs by law are at least bilingual: Polish and English.


What to pay: Transation fees in ATMs are the same and depend on your card bank holder and type of card.
Due to huge competition currency courses are practically the same whenever you go to change your cash. The difference buy/sell for most popular currencies: US$, Euro, British pound is some 6 - 9 %, for other accepted currencies (Swiss, Czech, Slovakian) may be larger.
Up-to-day courses and links to some KANTOR here
Check for example 24-hr Warsaw kantor Calodobowy



Address: Various.
Directions: Throughout the city.
Theme: Other
Website: http://www.kantory.pl

Review Helpfulness: 3.5 out of 5 stars

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  • Updated Feb 3, 2007
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matcrazy1

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