Banks and Currency Exchange


Traveler's Checks

Traveler's Checks in U.S. dollars may be cashed at any bank. Two forms of identification, preferably a passport, will be required. There may be a limit to the amount that you may cash at one time. Traveler's checks may also be used as cash at most stores and restaurants.

Changing Currency

Travelex Global Payments (formerly Thomas Cook) changes most foreign currencies into US dollars and cashes travelers checks. The bureau will require your passport as identification and will charge a $5 flat fee for any exchange under $500 and 1% of the total amount for sums over $500. The following branch is the closest to the ILI office:

1800 K Street (corner of 18th and K Streets, NW)

Washington, DC 20006

Hours of Operation: Monday-Friday: 9 am - 5 pm

Closed on weekends

Telephone: (202) 872-1428

 

Per Diem checks from international funding agencies are usually drawn on banks outside of Washington, D.C. and can therefore be difficult to cash. We will countersign your check. You can then cash it at the following bank with your passport as identification:

Citibank (at Connecticut Avenue, between M and N Streets)

1225 Connecticut Ave., NW

Telephone: 331-5645

Toll-free: (800) 926-1067

Hours:  9:00 a.m. – 5:00 p.m. Monday – Friday