Practical Information for Incoming Students - UJEP

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pay a minimum of 2 % of the total
amount for the exchange of your
currency . At present you will find a
lot of exchange machines installed
in our banks – you put in your currency
and the machine gives you the
equivalent in Czech crowns . If you
use this service, the exchange fee
will be deducted as well .
Do not exchange your money in the
street, do not buy currency from
strangers, for instance in restaurants,
airports or discos!
If you decide to exchange your
money in a private exchange office,
at first ask the clerk to tell you the
precise amount he is going to pay to
you . The 0 % commission sign does
not often relate to the sale but to the
purchase of the foreign currency .
The super-advantageous exchange
rate frequently advertised by the
exchange office applies only to the
exchange above a certain limit (e . g .
EUR 100 .00), or very often extra
fees for the exchange are added . The
exchange office is always responsible
for providing full and correct
information about terms and conditions
of their services in several languages,
however, the conditions are
often written in very small letters and
customers frequently overlook these
conditions or do not pay attention to
them .