Money & ATM Scams in Prague, Czech Republic
Card skimming, currency exchange fraud, dynamic currency conversion, and cash cons. Below are the money & atm scams scams reported in Prague — how they work and how to avoid them.
For broader context, compare this scam type with nearby destinations like Mykonos, Barcelona, and Krakow.
Last updated: April 2, 2026
2
Money & ATM Scams Scams
12
Total in Prague
How it works
Exchange offices in the Old Town Square and near tourist sites advertise excellent rates on large boards. Once tourists hand over foreign currency, the cashier performs calculations quickly and returns far fewer crowns than the advertised rate would indicate.
How it works
Exchange bureaus on Old Town Square and Wenceslas Square advertise "0% commission, best rates" but apply a buy/sell spread that costs tourists up to 20% more than a bank ATM rate.
See all scams in Prague
12 total warnings across all categories