Euro's - Would you buy at this rate?

slowen

I have phoned my local travel agents for a price on Euros as I am spending £600 in sterling on Euro cash and have been told they will give me 1.43 to the £ so i have asked them to keep some for tomorrow as they have ran out for today.

I am not going on holiday until the end of June and I just wondered is it worth buying at 1.43 or would you wait in case the rate rises but they told me that when the kids are off school the rates will drop and i wont be given a rate like this

Any advice?

barron_2

Make sure that they wont charge commission,seems a good rate.
Depends where your going,I usually get mine out there(Mallorca).
You gain a bit,enough for a beer or 2,depending how much your changing up.
If you or anyone decide to change up overthere,DO IT BEFORE 1pm or w/ends & B/Hols,.
Most of the Change shops are good.
The Banks sometimes charge a fee.

slowen

barron wrote:

Make sure that they wont charge commission,seems a good rate.
Depends where your going,I usually get mine out there(Mallorca).
You gain a bit,enough for a beer or 2,depending how much your changing up.
If you or anyone decide to change up overthere,DO IT BEFORE 1pm or w/ends & B/Hols,.
Most of the Change shops are good.
The Banks sometimes charge a fee.

They said it was commission free, am going to Tenerife for 2 weeks

I was also told about the American Express travellers cheque card which is commission free until the end of the month and they will give 1.42 to the £ but you have to pay around a £1.50 charge for every withdrawel from an ATM but on the other hand travellers cheques you get charged to change into cash so don't know what to do about that I was going to get £400 on it.

I would take my switch card but I could not be bothered with the hassle if I lost it or anything happened to it

Twopints

Is there any commission or other charge from the travel agent?

You can buy online from M&S and they don't charge commission or postage (on orders over £500) - their rate is 1.429 which will work out about 40p more for £600. I can't help on what will happen with the rates but I hadn't heard rate movements blamed on the school holidays before...

slowen

Twopints wrote:

Is there any commission or other charge from the travel agent?

You can buy online from M&S and they don't charge commission or postage (on orders over £500) - their rate is 1.429 which will work out about 40p more for £600. I can't help on what will happen with the rates but I hadn't heard rate movements blamed on the school holidays before...

They didn't mention any commission or other charges and I said I was paying on my switch card instead of taking the cash in and they said Iwould only pay charges if I purchased travellers cheques but for the rest I would not incur any charges but I will double check before completing the sale in the shop

littlereddevil

Twopints wrote:

Is there any commission or other charge from the travel agent?

You can buy online from M&S and they don't charge commission or postage (on orders over £500) - their rate is 1.429 which will work out about 40p more for £600. I can't help on what will happen with the rates but I hadn't heard rate movements blamed on the school holidays before...

I don't see on the website where it says free postage?

littlereddevil

Has anyone used https://www.thomasexchangeglobal.co.uk??
they seem to have very good rates

aztech

always get my foreign currency at the victoria branch,best rates in any currency cannot be beaten,0% commission and friendly staff,and if you phone up a day before they will get your currency in,if not in stock.not sure they do postal though,but you can always ask.

vr6lad

Hi guys. I've got a friend in Ireland who is sending some money across to me. Being Euro's, I know that fee's will be payable. I've seen Western Union and Paypal mentioned on various threads - with mixed reviews. Before they send it across to me has anyone got any tips? I'm a Lloyds customer (at the moment!)

MickKnipfler

Travelex online were cheapest last time I checked

hammy_the_hammer

groundhog day ...
nationwide flex account
thomas cook global exchange
travelex online ( dependant on if your bank charge fees for cash advances )
marks and sparks
everyone else

if anyone can predict with any certainty what will happen to currency rates they work in the Cityand are very rich.
interest rates / oil prices / world events etc alter currency rates not school holidays