Money

American Express

American Express offers an array of travel benefits, currency exchanges and money withdrawals in many locations around Europe. The address for the American Express Office in Rome is:

Piazza Di Spagna 38, tel. 06 67 641
Hours are: 9 a.m.-5 p.m. Monday-Friday; 9 a.m.-12:30 p.m. Saturday

Money Matters

The Euro coins and currency were introduced into many countries in Europe, including Italy, in January 2002. The currency exchange, subject to fluctuations, is €1 = $1.38 ($1 = €0.72) as of April 23, 2014. Regular banks are generally open Monday to Friday (8:30 a.m.-1:30 p.m/2:30-3:30 p.m.), and not all banks exchange foreign currency. Banks are closed on Saturday and Sunday. Look for these words: Banca, Bancomat, Casa di Risparmio.

Always remember to bring your passport to the bank when exchanging money. Commissions may be a flat rate or a percentage of the money you exchange. ATM cards are the most convenient way to acquire funds while abroad. Cirrus ATM cards are accepted widely in Europe. Students with ATM cards in the Cirrus network should contact their banks for information about withdrawing funds from their U.S. accounts. You will need to know the locations of ATM machines in the Cirrus network. Cash machines often distribute currency in larger bills.