We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Foreign currency
overbudget
Posts: 232 Forumite
In clearing out I have found smallish amounts of foreign currency ($30, €45) - but I'm not sure what is the most cost effective thing to do with them. I know I could take them to the Bureau de change but would be stung with huge charges and poor exchange rates so possibly not worth it? Does anyone know of anything else I can do with them? Ideally would like to convert them and max the amount of £ I get back for them so I can put against my debt (every little helps) but next best thing would be to be able to spend them somehow over here. Can I pay them directly into the bank? Any other thoughts?
Thanks!
Thanks!
Highest Debt (July 06): £55117.79 Debt now: £52895.44 Debt Free Date: June 2010
0
Comments
-
If its coins, you probably won't be able to change them.
Some charities take currency...or take to your nearest airport or a local travel agents...sometimes they have charity collection tubs for currency.2021 Decluttering Awards: ⭐⭐🥇🥇🥇🥇🥇🥇 2022 Decluttering Awards: 🥇
2023 Decluttering Awards: 🥇 🏅🏅🥇
2024 Decluttering Awards: 🥇⭐
2025 Decluttering Awards: ⭐⭐0 -
Most of it is notes (all the Euros and about $25 of the dollars). With our current level of debt I'd rather have the charity it goes to be me right now
But will collect up the change and see if I can find a collecting point - good idea. Highest Debt (July 06): £55117.79 Debt now: £52895.44 Debt Free Date: June 20100 -
The best thing to try to do with it is sell it to friends/colleagues who are going away. I recently came back from Greece with 200 euros (without a "buy it back free" offer), so I sold it to my Dad who was going off to work in Dublin for a week. We were both happy!0
-
It is not a good time to change foreign currency at the moment. Perhaps you will be going abroad again, and should keep the money - at least it's in dollars and Euros (I found a 1000 lire note and about 30 Francs!).
Also some shops accept Euros - but probably at a pretty poor rate.I am NOT, nor do I profess to be, a Qualified Debt Adviser. I have made MANY mistakes and have OFTEN been the unwitting victim of the the shamefull tactics of the Financial Industry.
If any of my experiences, or the knowledge that I have gained from those experiences, can help anyone who finds themselves in similar circumstances, then my experiences have not been in vain.
HMRC Bankruptcy Statistic - 26th October 2006 - 23rd April 2007 BCSC Member No. 7
DFW Nerd # 166 PROUD TO BE DEALING WITH MY DEBTS0 -
Have you tried the post office or your bank. I know post office sell commission free but not sure if they will buy unless you originally bought currency from them.
I bank with RBS and they will change back any currency commission free as long as it is in notes.Weekly Spend Challenge: £0/£30
0 -
I bank with the A&L so maybe they'll let me pay it into my account commission free - will check that out. Otherwise will find an RBS branch! Thanks!Highest Debt (July 06): £55117.79 Debt now: £52895.44 Debt Free Date: June 20100
-
I think RBS only change currency commission free if you have an account with them though.Weekly Spend Challenge: £0/£30
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.2K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.2K Work, Benefits & Business
- 603.9K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards