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Earning euros, converting them into sterling

Hi,

Apologies if this is in the wrong place.

I am currently working a winter season in the french alps. My employer charges me French tax, and then pays me my net wage of 1000 euros at the end of each month in cash.

I have few expenses here and am keen to save the money. I do not have a euro bank account. What is the best way for me to convert this cash into sterling in my bank account? Is this a service a bank can provide and if so will they just give me rubbish rates?

Cheers

Kit

Comments

  • spiro
    spiro Posts: 6,405 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    You are nearly always better off selling the euros to someone who has pounds and want euros. You split the difference between bureau buy and sell rate so you both gain.
    IT Consultant in the utilities industry specialising in the retail electricity market.

    4 Credit Card and 1 Loan PPI claims settled for £26k, 1 rejected (Opus).
  • Hello, I am currently working in Malta and have been earning euros, I am moving back to UK in a couple of days. I have 2600 euros that I need to convert to Sterling, what is the best way/service to use in order to get the best exchange rate?
  • melaniew wrote: »
    Hello, I am currently working in Malta and have been earning euros, I am moving back to UK in a couple of days. I have 2600 euros that I need to convert to Sterling, what is the best way/service to use in order to get the best exchange rate?

    Use Martin Lewis' Travelmoneymax page to check the best 'buyback' rate!!
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