Exchanging money in Spain is easy and follows a similar pattern to elsewhere in southern Europe: ATMs, Banks, and Bureaux de change are your safest bets. Using street vendors is ill-advised and illegal. Banks and bureaux de change may have limited hours and be closed on Sundays and many Spanish banks, especially in smaller cities and towns, will only exchange money for their own clients. For these reasons, using a debit card at an ATM is generally the simplest way to get cash in Spain.

 

In larger cities and towns such as Barcelona, Madrid and Seville, bureaux de change are opening for limited trading on Sundays, usually 11:00-15:00, but these are still few and far between. Banks are generally closed both Saturday and Sunday, and during the week most close at 2:00pm. 

Some bureaux de change, especially but not exclusively on the Costa del Sol, will appear to offer great rates, but hide the fact that the rate is only applicable when changing large amounts (e.g. €0.60/$1 or €1.24/£1 when exchanging more than $500 or £500, but €0.49/$1 or €1.10/£1 if not). Banks generally offer better rates, but many now offer exchange services only to their own account holders, so it is not advisable to count on being able to exchange money at a bank, especially in areas less frequented by foreign tourists.

The best way to get local currency (Euros) is to use a debit card, able to access the Visa, Mastercard, Cirrus or Maestro networks, in an ATM (Interac cannot be used). Usually, the bank rate will be given for exchange rather than the local tourist rate. Use an ATM machine in the bank and not one on the street because the ATM machine in the bank will not have been tampered with. Some ATM machines on the street may have been tampered with by delinquents to get one's ATM number and PIN number. Also using an ATM machine on the street can make one a target of robbers who will grab the cash when it comes out of the machine.

The ATM will give the option to charge your account in Euros or your home currency, it is advised to select Euros to obtain the most preferential rate. From the 27 EU countries, Spain has the highest total number of ATMs, so your money is nearly always accessible.