Travel Money Exchange

Hi,

Not sure if this is the right place to ask but I thought I would give it a go!


I ordered Euro's online and they sent €100 notes and I have been trying to change them to smaller denominations and have been refused at Sainsbury's and M&S Travel money. They say they cannot do this and only change the money back to sterling.

Does anyone know why this is? Surely, exchanging like for like shouldn't be a problem when I could walk into a bank and ask them to change a sterling £100 note?


I haven't tried a bank yet.

Thanks in advance!

:T

Comments

  • zagfles
    zagfles Posts: 21,374 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Chutzpah Haggler
    Hi,

    Not sure if this is the right place to ask but I thought I would give it a go!


    I ordered Euro's online and they sent €100 notes and I have been trying to change them to smaller denominations and have been refused at Sainsbury's and M&S Travel money. They say they cannot do this and only change the money back to sterling.

    Does anyone know why this is? Surely, exchanging like for like shouldn't be a problem when I could walk into a bank and ask them to change a sterling £100 note?


    I haven't tried a bank yet.

    Thanks in advance!

    :T
    It doesn't make them any money.

    But why do you need them changing? Don't worry about them being accepted, most countries are very relaxed about high demonination notes, it's not like here where £50's are looked upon with suspicion by most retailers. I've used €100 notes to pay for stuff under €10 and they don't bat an eyelid, they take it and give change.

    Assuming you're flying somewhere, you could always try at the exchange desk at the airport you land at. They'll likely change a note or two for you.
  • stephb34
    stephb34 Posts: 2,064 Forumite
    Part of the Furniture Combo Breaker
    Most currency outlets won't swap 100 euro notes for smaller notes as you've found out very few people want them and if they're forgeries we stand to lose a lot of money. We don't swap any size notes unless the customer has the receipt on them to say they purchased them at a Thomas cook shop. We often get customers who've purchased their euros at the bank come in with lots of fifties wanting to swap them because they wanted smaller notes.
  • :beer: I ordered the currency online. It surprises me they send out €100 notes when most people wouldn't be happy. Thanks for all replies!! Appreciate the information!


    stephb34 wrote: »
    Most currency outlets won't swap 100 euro notes for smaller notes as you've found out very few people want them and if they're forgeries we stand to lose a lot of money. We don't swap any size notes unless the customer has the receipt on them to say they purchased them at a Thomas cook shop. We often get customers who've purchased their euros at the bank come in with lots of fifties wanting to swap them because they wanted smaller notes.
  • peachyprice
    peachyprice Posts: 22,346 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    :beer: I ordered the currency online. It surprises me they send out €100 notes when most people wouldn't be happy. Thanks for all replies!! Appreciate the information!


    Most countries in Europe don't bat an eyelid at a €100 though, I've had €200 notes and had no problem using them in Italy, France & Germany. It only seems to be here that people get all hung up over a £50.
    Accept your past without regret, handle your present with confidence and face your future without fear
  • mgdavid
    mgdavid Posts: 6,709 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    ....... It surprises me they send out €100 notes when most people wouldn't be happy.......

    how did you arrive at this conclusion?
    I've never met anyone who doesn't like €100 notes.
    The questions that get the best answers are the questions that give most detail....
  • stephb34
    stephb34 Posts: 2,064 Forumite
    Part of the Furniture Combo Breaker
    mgdavid wrote: »
    how did you arrive at this conclusion?
    I've never met anyone who doesn't like €100 notes.

    I'd love 100 euro notes if you're giving them away.

    8 out of 10 of our euro customers don't even want 50's never mind 100's, they all ask for 5's, 10's and 20's. It's more business people that want larger notes definitely not families. In fact some of the people that go all inclusive don't even take 100 euros they say "Ooh i'm going all inclusive I won't need any money"
  • stephb34 wrote: »
    I'd love 100 euro notes if you're giving them away.

    8 out of 10 of our euro customers don't even want 50's never mind 100's, they all ask for 5's, 10's and 20's. It's more business people that want larger notes definitely not families.

    100% me, it is better now but do have trouble at times with 50 euros
  • photome
    photome Posts: 16,587 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Bake Off Boss!
    :beer: I ordered the currency online. It surprises me they send out €100 notes when most people wouldn't be happy. Thanks for all replies!! Appreciate the information!

    I will have them if you are not happy.

    I dont have much experience in europe but I do take $100 notes to the USA all the time
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