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Best Place to Buy Euros
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# 21
flossy_splodge
Old 18-05-2006, 12:16 AM
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Default Anywhere abroad?

Thanks for that, didn't know! Do you know if that is likely to be the same throughout europe? Am going to Paris shortly and was about to stock up with Euros before I go. Thanks.

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# 22
Cumbrian Male
Old 18-05-2006, 11:27 PM
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Quote:
Originally Posted by flossy_splodge
Thanks for that, didn't know! Do you know if that is likely to be the same throughout europe? Am going to Paris shortly and was about to stock up with Euros before I go. Thanks.
Nationwide dont charge any currency conversion on cash withdrawals and their's are visa debit cards so any visa logoed atm will be fine.
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# 23
hammy the hammer
Old 18-05-2006, 11:32 PM
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and remember to pick that you want billing in euros not gbp at the cashpoint..it can be quite confusing
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# 24
Infidel
Old 20-05-2006, 3:58 PM
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Just one word of caution. If you do use an ATM abroad make sure you make an account of the money that you actually took out.

When i was in Shanghai i used several ATM's there that did not work; they told me there was an 'error connecting to server' and such messages. But then on my return to the UK i found that those times when i was unable to withdraw money that it was still taken out of my account.
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# 25
scooper
Old 20-05-2006, 4:42 PM
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so marks and spencer is the best place for exchanging euros,but by how much compared to the post office,say if i was changing £100?
appreciate what you have got x
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# 26
hammy the hammer
Old 21-05-2006, 2:33 PM
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Quote:
Originally Posted by scooper
so marks and spencer is the best place for exchanging euros,but by how much compared to the post office,say if i was changing £100?
if you are just changing £100 you have to factor in petrol , shoe leather and length of queue in each place
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# 27
slowen
Old 21-05-2006, 3:23 PM
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On friday I spent £603 which got me 860 euros which the rate was just under 1.43 and on my receipt it said I got a £33 discount on the exchange as they were only offering 1.35 in the shop (Thomas Cook)
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# 28
hammy the hammer
Old 21-05-2006, 4:12 PM
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but no one surely would buy euros at a rate of 1.35 to the pound last week.
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# 29
slowen
Old 21-05-2006, 4:41 PM
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Quote:
Originally Posted by hammy the hammer
but no one surely would buy euros at a rate of 1.35 to the pound last week.
Two people in front of me in the shop actually took the euros at 1.35 and one of the people paid with a credit card which i think is pointless as they charge 2% so you are losing money paying that way.

I decided to listen to the rate in case they got a better one than me as I wanted to get the rate at the highest as possible
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# 30
hammy the hammer
Old 21-05-2006, 4:55 PM
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there be mugs in the world then !!!!!!!!! frightening or rich !
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# 31
Wish29
Old 06-06-2006, 8:42 PM
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I went to the Post Office where they had a good stock of Euros, used my LloydsTSB card to pay for them at a better rate than LLoyds were offering and got stung for a £4.50 charge by Lloyds for buying currency on a debit card. If I had gone to a cashpoint and withdrawn the cash to buy the Euros Lloyds wouldn't have charged me £ 4.50. What right have LLoyds got to charge me for buying something with my money- would they charge me the same if I paid for my car tax at the Post Office using a debit card?
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# 32
hammy the hammer
Old 07-06-2006, 12:37 AM
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it's because it's a money advance transaction or something. if you feel the need to purchase like this again you'll have to use the cashpoint or change banks
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# 33
pin
Old 07-06-2006, 7:54 AM
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http://forums.moneysavingexpert.com/....html?t=201733
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# 34
foz2000
Old 07-06-2006, 11:21 AM
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Quote:
Originally Posted by vyvwalters
I got referred by a mate to crown currency exchange back in February, I ordered about £552 for collection in June ready for the hols and got Euros 1.4756 per £.

I ordered a further £150 yesterday and got a rate of 1.4306 per £.
No commission so I think it's a good deal and thats what this site is about, getting value for money.
www.crowncurrencyexchange.com they are based in Cornwall. Good Luck
I never use anyone else, the $ is 1.91 if u book now for jan 07!
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# 35
pin
Old 07-06-2006, 11:32 AM
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Quote:
Originally Posted by foz2000
I never use anyone else, the $ is 1.91 if u book now for jan 07!
But you are basically hedging on the currency going up or down. For all we know by Jan 07 the £ may be even higher than $1.91 and then you would have lost out. Also you are giving up money you can use / save now to US$ which you won't be able to touch until Jan 07.
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# 36
tobys_mummy
Old 07-06-2006, 1:42 PM
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Quote:
Originally Posted by vyvwalters
I got referred by a mate to crown currency exchange back in February, I ordered about £552 for collection in June ready for the hols and got Euros 1.4756 per £.

I ordered a further £150 yesterday and got a rate of 1.4306 per £.
No commission so I think it's a good deal and thats what this site is about, getting value for money.
www.crowncurrencyexchange.com they are based in Cornwall. Good Luck
Looked on this site today and it still offers the best rate. the rate is 1.4145. I am not going on holiday til july 31st. would it be best to wait until nearer the time to get my money, or take advantage of the higher rate of 1.4253 to have it delivered at that time.
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# 37
foz2000
Old 07-06-2006, 2:46 PM
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Quote:
Originally Posted by pin
But you are basically hedging on the currency going up or down. For all we know by Jan 07 the £ may be even higher than $1.91 and then you would have lost out. Also you are giving up money you can use / save now to US$ which you won't be able to touch until Jan 07.

Maybe but what would i use the £1000 to earn more money on? (i am a bit thick)

let me know thanks!
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# 38
pin
Old 07-06-2006, 3:26 PM
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Quote:
Originally Posted by foz2000
Maybe but what would i use the £1000 to earn more money on? (i am a bit thick)

let me know thanks!
I don't have time to do the maths for you, but search the forums and you will find loads of info about savings accounts, etc where that £1k coud easily sit earning interest for six months.
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# 39
Nytehawk
Old 07-06-2006, 8:26 PM
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Hi Tobys_mummy I would take the rate that it is today and get it delivered up to one week before you go. Its a good rate and they are both a reputable firm and provide very competitive offers. I asked for delivery around the beginning of June and hey presto courier delivered on the 1st June as promised. Many folks order it as I do but from the current thread get lower rates; thereby lands you your answer. Its all about getting the best deal for the man/woman on the day
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# 40
tobys_mummy
Old 08-06-2006, 8:19 PM
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thomas global exchange offered me a better rate of 1.43 euros, so i might go with them instead.
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