Apr 10, 2017 - 9:35 AM
in reply to Snehap
Exchange your Euros at any bank or any train station currency exchange. However, I have noted that the Travelex brand seems to have very bad exchange rates wherever I go.. There are a lot of them in Switzerland.
Exchange rates are competitive because there is so much Euro denominated business with Switzerland.
Also, in major tourist destinations, such as you mention, you will almost always be able to pay in Euros. The prices of meals and hotel rooms, for example, are often given in both Euros and CHF. Some machines - such as ticket machines - that accept currency in addition to credit cards will accept Euros, but that is not so common.
Exchange rates are likely to be better at banks than at hotels or restaurants, but once in a great while they are the same or even better if they have not updated their rates recently.
Personally, i find that ATM's of major banks give very good rates, and with some credit cards these days, there is no transaction fee + good exchange rates. So, that is what I do for modest sums or pocket cash. And, I pay witha credit card that has similar low costs. Much safer than carrying a lot of cash. Even Switzerland has some petty thievery these days....very uncommon, but, still....