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Travel Money

OxleyS01
Posts: 2 Newbie

I used the MoneySavingExpert website to find the best exchange rates for foreign currency and swear by the website for much of the information I need for various things. Yes the exchanges rates were the best I have found.
However, the website does not mention that when you use the links to the various currency suppliers, they attempt to take the payment from your bank as a cash payment, not as a whole-transaction. Therefore if your bank only allows a daily cash payment of £300 as mine does, you will have to make only these small transactions over a few days if you want a large amount. The way they are collecting the money, as a cash payment and not a whole-transaction, you will be charged a fee of £4.75 or thereabouts because you can only order so little.
Quite a rip off if you ask me!
However, the website does not mention that when you use the links to the various currency suppliers, they attempt to take the payment from your bank as a cash payment, not as a whole-transaction. Therefore if your bank only allows a daily cash payment of £300 as mine does, you will have to make only these small transactions over a few days if you want a large amount. The way they are collecting the money, as a cash payment and not a whole-transaction, you will be charged a fee of £4.75 or thereabouts because you can only order so little.
Quite a rip off if you ask me!
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