
Scam in Czech RepublicChanging money
Misleading currency exchange offers in Czech Republic
How it works
An office advertises 0% commission or a good-looking rate but gives a much worse return. The attractive rate may apply only to large exchanges, or the board may highlight the wrong side of the transaction. Staff may falsely say a printed receipt means you cannot cancel.
Warning signs
- A large rate board has small print about minimum amounts.
- The main board says "we sell" without clearly showing what you will receive.
- Staff will not confirm the exact payout before taking your money.
How to avoid it
- Ask for the exact amount of Kč you will receive before handing over money.
- Read the conditions rather than relying on a 0% commission sign.
- Compare rates with a bank or official tourist information centre.
- Keep your exchange receipt.
If it happens to you
Return to the same office with your receipt within 3 hours and request a refund. If refused, ask a nearby city police officer to help. You can also complain to the Czech National Bank.
- Get somewhere safe. Do not chase a thief or confront a group.
- If you are threatened or injured, call 112. For police, call 158; for a medical emergency, call 155.
- Block stolen cards through your bank or card issuer. Secure affected accounts.
- Save receipts, booking records and screenshots. Write down the time, place and vehicle or business details.
- Report the incident to police and ask for a report reference. For a bad currency exchange, return with the receipt within 3 hours to request a refund.
- Contact your insurer, rental company or embassy as relevant. Ask your card issuer about disputed payments.
What travellers report
Posts about this scam on other sites, summarised in our words. Open one to read the original.
- Travel blog2026Money Exchange in Prague: Rates, ATMs and Scams to AvoidThe guide describes misleading advertised rates and enforcement against exchange operators over VIP advertising, incomplete rate lists and refused cancellations.Read on Travel blog
- Redditr/Prague2025Best place to exchange Euros to CZK?A contributor describes being offered only 1,900 crowns for €100 and advises asking for the actual payout rather than trusting displayed rates.Read on Reddit
Questions
What is the misleading currency exchange offers scam in Czech Republic?
An office advertises 0% commission or a good-looking rate but gives a much worse return. The attractive rate may apply only to large exchanges, or the board may highlight the wrong side of the transaction. Staff may falsely say a printed receipt means you cannot cancel.
How can I spot it early?
A large rate board has small print about minimum amounts. The main board says "we sell" without clearly showing what you will receive. Staff will not confirm the exact payout before taking your money.
How do I avoid misleading currency exchange offers in Czech Republic?
Ask for the exact amount of Kč you will receive before handing over money. Read the conditions rather than relying on a 0% commission sign. Compare rates with a bank or official tourist information centre. Keep your exchange receipt.
What should I do if it happens to me?
Return to the same office with your receipt within 3 hours and request a refund. If refused, ask a nearby city police officer to help. You can also complain to the Czech National Bank.
Where in Czech Republic does this happen?
Exchange offices near tourist sights, especially Old Town Square, and inside Praha hlavní nádraží. It has been reported in Prague.
How much can it cost me?
Some offices offer roughly half the normal exchange rate.
How common is this scam in Czech Republic?
Common. The Czech Republic is generally safe, but scams and pickpocketing are common in busy tourist areas, especially in high season. Watch for taxi overcharging, misleading exchange rates, worthless foreign money and theft in crowds. Most detailed warnings concern Prague, with pickpocket warnings also covering parts of Brno.
Are there similar scams in Czech Republic?
Yes: street exchange with worthless foreign notes, poor exchange rates when paying in euros.
Who can I report it to?
Police: call 158 for police assistance or 112 in an emergency. For a theft or fraud report, provide the location, time, receipts and any vehicle or business details. City police (městská policie): if a Prague exchange office refuses a refund requested within 3 hours, politely ask a nearby city police officer to accompany you and help. Czech National Bank: file a complaint if an exchange office refuses the refund. Keep your receipt and a record of the refusal. Taxi company: report the disputed fare with the receipt, licence plate, taxi licence number and driver's name, if available. Card issuer or bank: use its official app or contact number to block missing cards, report unauthorised transactions and ask about payment disputes. Airport security staff: report missing items immediately at the screening area. Give the screening lane, time and item description. Travel insurer: contact the claims service and keep the police report, receipts and evidence of your loss. Your embassy or consulate: contact it through official channels if your passport is stolen or you need help replacing travel documents.
What number do I call in an emergency in Czech Republic?
General emergency: 112, Police: 158, Medical emergency: 155, Fire brigade: 150.
Reviewed by @snuck