Luxembourg uses the Euro (EUR) as its official currency. Most businesses in urban and tourist areas accept a range of payment methods.
- Official Currency: Euro (EUR)
- Accepted Payment Methods: Cash, major credit cards (Visa, Mastercard, American Express), and debit cards are widely accepted. Mobile payments (Apple Pay, Google Pay) are increasingly common.
- Contactless Payments: Contactless card payments and mobile wallets are prevalent in shops, restaurants, and public transport.
- ATM Availability: ATMs are widely available in cities and towns. International cards (Visa, Mastercard, Maestro) are generally accepted, but some ATMs may charge a fee (typically EUR 2–5 per withdrawal).
- Currency Exchange: Currency exchange is available at banks, airports, and dedicated exchange offices. Banks such as BGL BNP Paribas, Banque Internationale à Luxembourg, and Raiffeisen offer exchange services.
- Foreign Currency Restrictions: There are no restrictions on importing or exporting foreign currency, but amounts over EUR 10,000 (or equivalent) must be declared to customs.
- Cash Import/Export Limits: Travelers can bring in or take out up to EUR 10,000 (approx. USD 10,800) without declaration. Amounts above this must be declared at customs.
- Transaction Fees: Foreign card transactions may incur fees from your home bank and/or local ATM operators. Check with your provider for details.
- Payment Issues: Some small businesses may accept only cash. Ensure your card is enabled for international use and inform your bank of travel plans to avoid blocks.
- Regulations: Luxembourg follows EU anti-money laundering regulations. Large cash transactions may require identification.
