MartinM

I need c. EUR1800 (folding versions) for my hols next week

Where's the best place....??
...I'm not interested in converting any spare back into sterling (ie commission free buyback)
...must have them 'in stock' (not many days left)
...must be able to get there in person (ie high street or airport)


Obviously want to maximise the exchange rate and minimise the commisssion.

Obvious question is whether to buy in UK or just get them abroad (hole-in-the-wall etc - but I think my card limit is EUR300 per day, which is too slow as I need most of them in the first 1-2 days)

TIA, Martin

22BUK

Post Office - they don't charge any commission.

Scooby96

I have a 50 note I didnt spend!

Scooby96

Not many places charge "commission" its done stealthily via the rate you get!

alcazar

iTrader: (2)

If you have over £1000 to change, the high street travel agents will often do a preferential rate.
I've looked at the Parity rate, phoned them up or gone in, and told them I'd change with them if they could get me, say, "parity less €0.03".
I've had 1.60 when the street rate was 1.54, (parity:€1.63)

Worth a try, for a couple of phone calls. They'll get that sort of cash for next day, if they don't already have it
€0.04 better rate gives you an extra €40 for your £1000, so about £30 in your pocket.

Alcazar

MartinM

Alcazar

Where do I look up the 'parity rate'. I presume it's a live rate, so it changes throughout the day?

Will the numptie behind the desk in the High Street travel agent understand what the heck I'm on about

Nicks VR4

Definitely the Post Office
You may have to give them a day to get them in but worth it

alcazar

iTrader: (2)

I get the parity rate from the BBC, that Irish guy, Declan Something or other, gives it out on the morning show about every half hour when he's doing the money bit.

They understand if you explain it to them, and the guys at their exchange dept certainly know.
I've had favourable rates from Going Places and Lunn Poly.

Alcazar

gareth123

Set up a Euro account and transfer money through www.xetrade.com, you'll 'make' an extra 6% or so over the rip off consumer bank rates. Withdraw the money in Euros from ATMs on the continent.

Kevin Greeley

or open a Euro account with Citibank, transfer sterling into it from your current account at near bank rates and use an ATM card to obtain Euros in Europe.

http://www.citibank.com/uk/bankingpr...euro/index.jsp

rotty

parity or " mid point " rate can be had real time from www.xe.com/ucc





[Edited by rotty - 1/22/2004 11:53:44 PM]