Euros changed back to sterling at Post Offices

DitsyDaisy_2

Hi, sorry to bother you all, but does anyone know what the Post Office charges for changing euros back into sterling, and also whether they will accept coins as well as notes. I have been to their website and also asked at the local post office and they didn't know ( sub-branch). Before I make a journey to a bigger branch I would like to check if possible. Many thanks

DitsyDaisy_2

Ok sorry I searched again and found a suggestion on another website to use a travel coin exchange machine by Travelex. Sorry for the post! (In airports and large train stations apparently, if anyone else can use the info).

opinions4u

I've never bothered changing Euros back to Sterling.

I've either:

1. Kept them for my next holiday or
2. Sold them to a friend at the prevailing rate

Cuts out the exchange rate spread that makes currency sellers so much money.

There is a risk of exchange rates turning against you, but it's rarely as much as the spread costs and has just as much likelihood of turning in your favour and making you a few quid.

benjus

The Post Office is an expensive place to change foreign currency to Sterling. Last time I looked they were charging about 10% on the exchange rate.

opinions4u's suggestions are best, but if they are not for you, you basically have two choices:


1. Go with the easy option (Post Office) and accept the poor rate
2. Look on the Travel Money Maximiser (Buy Back) for the best rate. If you can't get to London in person you'll need to send the cash by secure delivery.


If it's less than about £100 worth you might as well just go to the Post Office, as the cost of secure delivery will outweigh the saving.


Coins are not accepted by most exchange places, so it would just be a matter of using whatever you can find. Unless you're convinced you're not going back to the Eurozone for a long time, I would suggest just keeping them.