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Converting francs to euros in Paris

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Converting francs to euros in Paris

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Old Aug 17th 2004, 11:38 am
  #1  
Richard Grant
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Default Converting francs to euros in Paris

I have about 400 francs that I'd like to convert to euros and I'll be
in Paris this fall. Is it possible to do this at a bank in Paris?
 
Old Aug 17th 2004, 11:43 am
  #2  
Magda
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Default Re: Converting francs to euros in Paris

On 17 Aug 2004 16:38:19 -0700, in rec.travel.europe, [email protected] (Richard Grant)
arranged some electrons, so they looked like this :

... I have about 400 francs that I'd like to convert to euros and I'll be
... in Paris this fall. Is it possible to do this at a bank in Paris?

At the Banque de France only.
 
Old Aug 17th 2004, 3:39 pm
  #3  
Mark Fagan
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Default Re: Converting francs to euros in Paris

Its possible Thomas Cook exchange bureaus are still accepting francs. They
were for a long while after the changeover.

"Richard Grant" <[email protected]> wrote in message
news:[email protected] om...
    > I have about 400 francs that I'd like to convert to euros and I'll be
    > in Paris this fall. Is it possible to do this at a bank in Paris?
 
Old Aug 17th 2004, 3:40 pm
  #4  
Gg
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Default Re: Converting francs to euros in Paris

"Magda" <[email protected]> wrote in message
news:[email protected]...
    > On 17 Aug 2004 16:38:19 -0700, in rec.travel.europe, [email protected]
(Richard Grant)
    > arranged some electrons, so they looked like this :
    > ... I have about 400 francs that I'd like to convert to euros and I'll be
    > ... in Paris this fall. Is it possible to do this at a bank in Paris?
    > At the Banque de France only.
I did this a year ago at the Banque de France, 31 rue
Croix-des-Petits-Champs. A very easy transaction. According to their
site, they are open Monday through Friday, 8:45 a.m. to 3:30 p.m. for
changing FRF to EUR. Information about which banknotes may be exchanged is
at http://www.banque-france.fr/gb/monnaies/main.htm .

GG
 
Old Aug 17th 2004, 7:17 pm
  #5  
googlegroups
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Default Re: Converting francs to euros in Paris

[email protected] (Richard Grant) wrote in message news:<[email protected]. com>...
    > I have about 400 francs that I'd like to convert to euros and I'll be
    > in Paris this fall. Is it possible to do this at a bank in Paris?

Yes, it is certainly possible, but only at the Banque de France (the
equivalent of the US Federal Reserve).

You'll find their major branch office in Paris:

31, rue Croix-des-Petits-Champs
75049 PARIS Cedex 01 (France)

(that's very close to the Louvre, just 5 minutes on foot)

http://www.banque-france.fr

Banknotes can be exchanged for many years to come, coins only until 31
December 2005. You'll have to present an ID. Check the website for
opening hours and also mind public holidays of course.

For some strange reason they will manually count all the coins, while
every other national bank in the eurozone uses machines to do that. So
if you've got a lot of coins, it saves you time if you sort them by
denomination.

Changing francs to euros is free of charge! They'll use the official
conversion rate EUR 1 = FRF 6.56(something).

Cheers,

Erik Evrard, Gent, Belgium
 
Old Aug 17th 2004, 7:44 pm
  #6  
Mike O'sullivan
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Default Re: Converting francs to euros in Paris

"GG" <[email protected]> wrote in message
news:[email protected]...
    > "Magda" <[email protected]> wrote in message
    > news:[email protected]...
    > > On 17 Aug 2004 16:38:19 -0700, in rec.travel.europe, [email protected]
    > (Richard Grant)
    > > arranged some electrons, so they looked like this :
    > >
    > > ... I have about 400 francs that I'd like to convert to euros and I'll
be
    > > ... in Paris this fall. Is it possible to do this at a bank in Paris?
    > >
    > > At the Banque de France only.
    > >
    > I did this a year ago at the Banque de France, 31 rue
    > Croix-des-Petits-Champs. A very easy transaction. According to their
    > site, they are open Monday through Friday, 8:45 a.m. to 3:30 p.m. for
    > changing FRF to EUR. Information about which banknotes may be exchanged
is
    > at http://www.banque-france.fr/gb/monnaies/main.htm .

I did it at a branch in Nice a couple of years ago. They had a teller window
dedicated to these transactions.
 
Old Aug 17th 2004, 7:47 pm
  #7  
Tim Challenger
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Default Re: Converting francs to euros in Paris

On 18 Aug 2004 00:17:47 -0700, [email protected] wrote:

    > Changing francs to euros is free of charge!

The reason for that is because you're not actually "technically" changing a
currency. All previous Euro-zone currencies are *denominations* of the
Euro, so all you're really doing is the same as when you go to a bank and
ask them to change a EUR100 note into a 50 and five 10s.

But it is cause for surprise when a bank doesn't charge for just going in
the door.
--
Tim C.
 
Old Aug 17th 2004, 10:53 pm
  #8  
Mxsmanic
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Default Re: Converting francs to euros in Paris

Richard Grant writes:

    > I have about 400 francs that I'd like to convert to euros and I'll be
    > in Paris this fall. Is it possible to do this at a bank in Paris?

At the Banque de France, which has several offices around town.

--
Transpose hotmail and mxsmanic in my e-mail address to reach me directly.
 
Old Aug 17th 2004, 10:55 pm
  #9  
Mxsmanic
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Default Re: Converting francs to euros in Paris

Tim Challenger writes:

    > But it is cause for surprise when a bank doesn't charge for just going in
    > the door.

The Banque de France is the official government bank, which probably
explains why they don't charge money for it.

On the day when France changed to the euro, many private banks reneged
on their promises to the government and refused to change francs to
euro, which raised quite a stink. My own bank didn't want to be
bothered with changing my francs to euro, either; fortunately, I didn't
have much cash on hand and I simply withdrew the new cash from ATMs.

--
Transpose hotmail and mxsmanic in my e-mail address to reach me directly.
 
Old Aug 17th 2004, 11:34 pm
  #10  
Tim Challenger
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Default Re: Converting francs to euros in Paris

On Wed, 18 Aug 2004 12:55:43 +0200, Mxsmanic wrote:

    > Tim Challenger writes:
    >
    >> But it is cause for surprise when a bank doesn't charge for just going in
    >> the door.
    >
    > The Banque de France is the official government bank, which probably
    > explains why they don't charge money for it.

Anybody who was charged by a (Eurozone) bank to change national currencies
in to Euros were being ripped off and the bank was acting illegally.

From the EU archives:
Q:
Will we have to pay to get euro notes and coins in exchange for old notes
and coins in national currencies ?

A: Not unless you have hoarded quite extraordinary quantities of your
national notes and coins. The Banking Federation of the European Union has
said that banks will not charge their customers for exchanging "household"
quantities of national currency into euro.


    > On the day when France changed to the euro, many private banks reneged
    > on their promises to the government and refused to change francs to
    > euro, which raised quite a stink. My own bank didn't want to be
    > bothered with changing my francs to euro, either; fortunately, I didn't
    > have much cash on hand and I simply withdrew the new cash from ATMs.

Me too.
I never saw the point of changing Francs or Marks or whatever to Euros.
Just spend them as normal and then they'll all be used up by the time they
are withdrawn from circulation - apart from a couple of coins in small
change.

--
Tim C.
 
Old Aug 18th 2004, 1:38 am
  #11  
Mxsmanic
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Default Re: Converting francs to euros in Paris

Tim Challenger writes:

    > Anybody who was charged by a (Eurozone) bank to change national currencies
    > in to Euros were being ripped off and the bank was acting illegally.

Other banks didn't charge; they simply refused to change any money at
all.

    > A: Not unless you have hoarded quite extraordinary quantities of your
    > national notes and coins. The Banking Federation of the European Union has
    > said that banks will not charge their customers for exchanging "household"
    > quantities of national currency into euro.

Of course, the definition of a "household" quantity is left up to each
bank, and knowing how banks think, that quantity is probably about 2
centimes.

    > I never saw the point of changing Francs or Marks or whatever to Euros.
    > Just spend them as normal and then they'll all be used up by the time they
    > are withdrawn from circulation - apart from a couple of coins in small
    > change.

I wanted to be rid of the old currency immediately, as I was tired of
two years of dual accounting.

--
Transpose hotmail and mxsmanic in my e-mail address to reach me directly.
 
Old Aug 18th 2004, 5:37 am
  #12  
Tim
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Default Re: Converting francs to euros in Paris

"Mike O'sullivan" <[email protected]> wrote in message
news:[email protected]...
    > I did it at a branch in Nice a couple of years ago. They had a teller
window
    > dedicated to these transactions.

But two years ago the Euro was still in its first 'cash' year.
IIRC *All* banks were still changing money at that time.

tim
 
Old Aug 18th 2004, 8:26 am
  #13  
Steltzjr
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Default Re: Converting francs to euros in Paris

<< I did it at a branch in Nice a couple of years ago. They had a teller window
dedicated to these transactions. >>

I found that window too - last year. But I hope your francs aren't too old. I
had two old 50 franc notes from my very first visit to Europe (I'm not too
young anymore!). When the clerk looked up the amount, he laughed - and I
received exactly 15 cents. I had forgotten about a 1970 devaluation of the
franc.
 
Old Aug 19th 2004, 5:48 am
  #14  
Mike O'sullivan
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Posts: n/a
Default Re: Converting francs to euros in Paris

"Steltzjr" <[email protected]> wrote in message
news:[email protected]...
    > << I did it at a branch in Nice a couple of years ago. They had a teller
window
    > dedicated to these transactions. >>
    > I found that window too - last year. But I hope your francs aren't too
old. I
    > had two old 50 franc notes from my very first visit to Europe (I'm not too
    > young anymore!). When the clerk looked up the amount, he laughed - and I
    > received exactly 15 cents. I had forgotten about a 1970 devaluation of the
    > franc.

Imagine the fun they're about to have in Turkey. They've just knocked six
zeros of the Lira. To date, £1 sterling bought 3 million of them.
 
Old Aug 26th 2004, 2:44 am
  #15  
Jesper Lauridsen
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Default Re: Converting francs to euros in Paris

On 2004-08-18, [email protected] <[email protected]> wrote:

    > Banknotes can be exchanged for many years to come, coins only until 31
    > December 2005. You'll have to present an ID. Check the website for
    > opening hours and also mind public holidays of course.

Also note that coins can ONLY be exchanged at the main office.

    > Changing francs to euros is free of charge!

So is conversion of all other pre-euro currencies.
 


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