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New MSE Travel Money Maximiser

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  • ailuro2
    ailuro2 Posts: 7,540 Forumite
    Part of the Furniture Combo Breaker
    Just what we need- can you do anything to help the Canadian Dollar recover a bit in the next three to four weeks too- No?

    Ach well it was worth asking- you've done everything else.
    Member of the first Mortgage Free in 3 challenge, no.19
    Balance 19th April '07 = minus £27,640
    Balance 1st November '09 = mortgage paid off with £1903 left over. Title deeds are now ours.
  • ellybelly89
    ellybelly89 Posts: 1,107 Forumite
    Part of the Furniture Combo Breaker
    excellent tool!! well done :D
  • gt94sss2
    gt94sss2 Posts: 6,104 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    meher wrote: »
    There's no mention of the magnificent India either :eek: that they have included Pakistani Rupees doesn't it beg the question - how dare :D

    The Indian Rupee is not officially convertible outside India - as such nobody based in the UK is allowed to sell/buy Indian currency or travellers cheques.

    Regards
    Sunil
  • budgetflyer
    budgetflyer Posts: 5,949 Forumite
    The article states
    The Travel Money Maximiser only searches online providers; primarily as it's a web tool and these are much easier to search. Luckily though, web providers almost always undercut their high street equivalents. So get a web quote and go and pick your currency up, and you usually get more than just walking into the same branch and getting the cash.

    It's worth noting, there are a few bureaux without websites that will beat it marginally. These are commonly small establishments, based in areas which get huge amounts of overseas visitors, where competition on rates is very high - such as Bayswater in West London. If you live near these it's worth checking them out. If any do set up websites and delivering currency, they'll be added to the Maximiser.
    Why is LinkFX and Thomasexchangeglobal not included?

    The best rate on the checker was onlinefx @ 1.44 Euro/£ today

    Both the above mentioned beat it with a rate @ 1.465 Euro/£ today

    Quite a difference on a couple of grand
  • alanrowell
    alanrowell Posts: 5,386 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    What's interesting is that even when the same rate is claimed the total cost can differ once delivery costs are removed - eg on €1000 both Lloyds & Natwest claim the same rate but Lloyds is cheaper
  • Froggitt
    Froggitt Posts: 5,904 Forumite
    The article states
    Why is LinkFX and Thomasexchangeglobal not included?

    The best rate on the checker was onlinefx @ 1.44 Euro/£ today

    Both the above mentioned beat it with a rate @ 1.465 Euro/£ today

    Quite a difference on a couple of grand
    Excellent point.

    Also, if you can wait 31 days, Crown Currency Exchange will give you the Interbank rate, ($1.99 yesterday) for a small commission.....worthwhile doing if youre doing a few grand.
    illegitimi non carborundum
  • lindseykim13
    lindseykim13 Posts: 2,978 Forumite
    Great tool, i didnt even realise there would be that much difference between the bureauxs, i'll use this when its closer to our hols, thanks
  • angel
    angel Posts: 2,017 Forumite
    The article states
    Why is LinkFX and Thomasexchangeglobal not included?

    The best rate on the checker was onlinefx @ 1.44 Euro/£ today

    Both the above mentioned beat it with a rate @ 1.465 Euro/£ today

    Quite a difference on a couple of grand

    I just looked up Canadian Dollars and Thomasexchangeglobal was at the top of the list. It was an amazingly good rate.
    :smileyhea "here, hare, here" :smileyhea
  • withabix
    withabix Posts: 9,508 Forumite
    angel wrote: »
    I just looked up Canadian Dollars and Thomasexchangeglobal was at the top of the list. It was an amazingly good rate.

    Unfortunately that's a glitch!

    It's picking up their 'Buy' rate, not their 'Sell' rate. Sell rate is 2.0750. Buy rate is 2.20750.

    Sorry to disappoint!

    Still the best rate though!

    EDIT: In fact the checker is picking up ALL of Thomasexchangeglobal's BUY rates - Martin you need to fix this!
    British Ex-pat in British Columbia!
  • ynot2005
    ynot2005 Posts: 546 Forumite
    i prefer this site for comparing travel money, much easier on the eye and no need to input anything, and a lot more companies included as well

    https://www.comparetravelmoney.co.uk
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