dollar purchase

shiredeon

hi, i am off to the states for christmas, and wondered if i can use a money purchase company to buy dollars, i buy euros from them which are transfered to my french acount, can i do the same with dollars, has anyone done this.cheers.

thunder_fairie

I realy don't know , or understand what you mean with the tranfares and all..... but I am going to the us to see family in a few days and I bought my dollars at a high street store and at the moment the exchange rate is pretty good ... I got mine for $1.87 - £1.00 which is an ok one.
I was told in the post office that you can get visa/saver cards from them which you can save you exchanged dollars on untill you trip.
for instance .... if I went today and the exchange rate suited me, say 1.87-1.00 then I could Purchase £200 worth of dollars and they would keep it on the card on that rate, then I can go in the next week and if it is not good not purchase, the next week it could be $1.90 - £1.00 and I could buy more at that rate..... I am confuseing myself. .... but do you see what I mean , it is an account card which holds your dollars on it so that you can add to it when ever the exchange rate is good and it will not change in value when it comes to withdrawing your money, I believe you can draw money out abroad on the card aswell as it is visa.

A bit like a saving scheme for you holiday .... I will use it next year that way I get the best from the exchange rate.

Indout96

Just draw money from your account via your cash card. We are charged around £3.00 per withdrawal with HSBC so dont go taking small amounts out, you also get exchange rate rather than tourist rate.
Or pay via credit card and just pay of when you get home. but check there is no charge for using your CC abroad, HSBC dont charge, Leeds & Holbeck do :mad:

Where are you traveling to ?? We may be able to tell you the best places to shop for bargains. We buy all our clothes / X-mas presents ect in the US and save a fortune but you have to know where to go.;)

pin

[FONT=arial, helvetica, sans-serif]Hi, Here is my list of top places on how to get money to spend abroad:
[FONT=arial,helvetica,sans-serif][FONT=times new roman,new york,times,serif][FONT=arial,helvetica,sans-serif][FONT=arial,helvetica,sans-serif][FONT=times new roman,new york,times,serif][FONT=arial,helvetica,sans-serif]
1. Nationwide Debit Card for ATM withdrawals from destination country (no foreign loading) / the Audi credit card or the Post Office credit card for purchases in destination country (but watch out for Dynamic Currency Conversion) (no foreign loading for purchases, BUT watch charges for cash withdrawals).

2. Nationwide Credit Card (due to Nationwides policy re forced use of Chip and Pin in foreign countries) (no foreign loading for purchases, BUT watch charges for cash withdrawals).
[FONT=arial,helvetica,sans-serif][FONT=times new roman,new york,times,serif][FONT=arial,helvetica,sans-serif][FONT=arial,helvetica,sans-serif][FONT=times new roman,new york,times,serif][FONT=arial,helvetica,sans-serif][FONT=arial,helvetica,sans-serif][FONT=times new roman,new york,times,serif][FONT=arial,helvetica,sans-serif][FONT=arial,helvetica,sans-serif][FONT=times new roman,new york,times,serif][FONT=arial,helvetica,sans-serif]
3. SAGA credit card (if you are over 50) for purchases in destination country (no foreign loading for European purchases, 1% for rest of the world, no cash withdrawal interest if balance repaid in full BUT 1.5%/£1.50 cash withdrawal fee).

4. Any other debit card for ATM withdrawals from destination country / any other credit card for purchases in destination country (but for both CHECK T&C's to see exact charges).

5. Thomas Exchange Global ("TEG") in central London - pay and pick up at store.

6. Travelex online (remember Travelex will price match any other exchange service, i.e. the one above) -pay online, pick up at airport.

For price matching: order through Travelex online as you would do normally, then call up TEG (02072401214 or 02078281880) and get a quote re their exchange rate. Email Travelex: [EMAIL="customerservices@travelex.com"]customerservices@travelex.com[/EMAIL] (must be done on the same day) stating the following: your Travelex reference number, your currency quote from TEG (and the fact you got it from TEG) and your address (Travelex will send you a cheque refunding the difference). Also Travelex normally acknowledge receipt of your email. Full terms and conditions of the Travelex Price Promise are on the Travelex website.

7. Marks and Spencer - pay online or pay and pick up instore.

8. Online FX (using this link ensures free deliver) - pay online, delivery to home.

9. Thomson Travel (they seem to use Amex as their travel money provider) - pay online, delivery to home.

10. Co-op Travel (they use Currency Express / Exchange and offer free delivery for orders over £300) - pay online, delivery to home.

11. Post Office (while probably not the best rate, there are many of them around, so may be convenient) - pay online, pick up at PO or pay and pick up at PO.

12. Haggle with High Street travel agent (which may ensure better rates than 5 to 9 above) - pay and pick up instore.

With 4 - 12, if you are paying with debit / credit card check your T&C's as many providers charge for the privilege of using money exchange services.

Here are links to ATM locators: VISA and MasterCard

Here are various information links to VISA: Foreign Exhcnage Rate FAQ and Visa Exchange Rates

Also please read Martin's article: Spending Overseas and Loading Technicals

Also look at the these forum threads: Travel Money: The List & The Cheapest Way to Spend Overseas Discussion Area and How to buy TCs and foreign currency

Hope this all helps!![/FONT][/FONT][/FONT][/FONT][/FONT][/FONT][/FONT][/FONT][/FONT][/FONT][/FONT][/FONT][/FONT][/FONT][/FONT][/FONT][/FONT][/FONT][/FONT]

grumbler

pin wrote:

[FONT=arial, helvetica, sans-serif]...[FONT=arial,helvetica,sans-serif][FONT=times new roman,new york,times,serif][FONT=arial,helvetica,sans-serif][FONT=arial,helvetica,sans-serif][FONT=times new roman,new york,times,serif][FONT=arial,helvetica,sans-serif]due to Nationwides policy re forced use of Chip and Pin in foreign countries [/FONT][/FONT][/FONT][/FONT][/FONT][/FONT][/FONT]

This link doesn't work:

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pin

grumbler wrote:

This link doesn't work:

Doh, thanks for that.

Looks as though I need another rework of my list.