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Subject Topic: Foreign Currency Traps Post Reply Post New Topic
PersonVic Wildish
15/5/2008 at 10:36am
 Location: Knebworth Hertfordshire
 Outfit:  Vauxhall Insignia SE View Vic Wildish's Profile View Profile   Reply to Vic Wildish Reply   Quote Vic Wildish Quote  
Joined: 06/8/2003

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Just a little word to make you all aware of something which isn't made obvious in their advertising.

When you go to order your foreign currency from the Post Office, be aware that the minimum amount that you can order is £350.00 worth. Also although the advertising claims that the service is free, it also provides pretty much the poorest exchange rate around so it isn't in fact free.

If you have ordered your foreign currency from Barclays Bank, make sure that you don't have any €5.00 notes when you go to change your many back. They will not change these for you. The minimum denomination they will now change back is €10.00

Of course I realise that a lot of us use our cards when abroad but last Saturday I just wanted £100.00 of Euros for a day trip to Paris and these were conditions that I came up against that I wasn't aware of previously.

Thought I'd share them with you...........

Vic


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PersonRonnie Ainsdale
15/5/2008 at 10:42am
 Location: None Entered
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I've always used Travelex on line for Euros. Dont know anyone to beat their rates (though you may know different). Once ordered, you can collect at your point of embarkation, be it airport, ferry port of tunnel terminal, and is a better rate than their 'walk in' rate !


Personkazraykid
15/5/2008 at 11:16am
 Location: Hartlepool England
 Outfit: swift corniche+ Nissan X-Trail View kazraykid's Profile View Profile   Reply to kazraykid Reply   Quote kazraykid Quote  
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Thanks for the tip on Travelex.................will give them a try

-------------
Karen


Personredman
15/5/2008 at 11:33am
 Location: Middleton Manchester
 Outfit: Khyam Highlander Compass Corona View redman's Profile View Profile   Reply to redman Reply   Quote redman Quote  
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I always ingnore all the claims of no commision and just ask how many Euros do I get for x amount and then go for the best deal.


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Personcrapfisher
15/5/2008 at 12:14pm
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This might be of help to a few

http://travelmoney.moneysavingexpert.com/

 


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PersonStackman
15/5/2008 at 2:54pm
 Location: North Dorset
 Outfit: Eurohike Buckingham 6 Classic View Stackman's Profile View Profile   Reply to Stackman Reply   Quote Stackman Quote  
Joined: 28/6/2004

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We have used the Post Office on many occaions and have never had to order a minimum ammount and have always found their rates competitive. We usually take a couple of hundred pounds worth of euros with us then use our debit cards in the shops or cash machines abroad.

 



-------------
I can remember when this was all fields.


Persongingerlily
15/5/2008 at 4:37pm
 Location: South West
 Outfit: Lots of Cabanons + Freighter 600 View gingerlily's Profile View Profile   Reply to gingerlily Reply   Quote gingerlily Quote  
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We've used the Post Office and not had problems changing around £200 or  less, has it changed recently? 

-------------
gingerlily


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Personlizex
15/5/2008 at 11:49pm
 Location: None Entered
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It's online orders that have a limit of £350. If you just pop into your Post Office there isn't a limit.

Liz


Personmzzy
16/5/2008 at 11:20am
 Location: West Midlands
 Outfit:  Karsten View mzzy's Profile View Profile   Reply to mzzy Reply   Quote mzzy Quote  
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I'm not sure where to get my Euros from, hear that many good and bads!

-------------
~*MZZY*~


PersonVic Wildish
16/5/2008 at 11:40am
 Location: Knebworth Hertfordshire
 Outfit:  Vauxhall Insignia SE View Vic Wildish's Profile View Profile   Reply to Vic Wildish Reply   Quote Vic Wildish Quote  
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Quote: Originally posted by lizex on 15/5/2008
It's online orders that have a limit of £350. If you just pop into your Post Office there isn't a limit.

Liz


I didn't realise that Liz. Thanks very much for setting the record straight.

Vic


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Personblatchatter
17/5/2008 at 5:38pm
 Location: None Entered
 Outfit:  Hymer B544 View blatchatter's Profile View Profile   Reply to blatchatter Reply   Quote blatchatter Quote  
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I use my Nationwide debit and credit cards abroad as they give the best rates of exchange.

I always come home with at least a couple of hundred euros which I keep for my next trip abraod. This way I do not suffer punitive exchange rates converting euros back to sterling.


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Personpullup
17/5/2008 at 6:52pm
 Location: In a field somewhere
 Outfit: Swift challenger 570 View pullup's Profile View Profile   Reply to pullup Reply   Quote pullup Quote  
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I often use the post office getting £100 worth of euros at a time. The exchange rates yesterday where better at the post office than some of the banks and travelex, although it was still only 1.21 which is poor.

-------------
2013
March: Ferry Meadows
April: North Morte, North Devon
May: Lyndon Top, Rutland
May: Top Lodge.
June: Fairy's lodge
July: La Croix Du Vieux Pont
August: West Beeston,





PersonFreeminer
21/5/2008 at 8:45pm
 Location: Royal Forest of Dean
 Outfit: Bongo Friendee SGL3 Coleman Weathertec View Freeminer's Profile View Profile   Reply to Freeminer Reply   Quote Freeminer Quote  
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TRy COOP travel shops, when I have compared along Gloucester high street, they generally beat all in the "how much do I get per £100 actually in my hand?" test.



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