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Asked to pay holiday in Euros

I am planning a honeymoon to Dubai and Japan, we are at the nitty gritty now, but we have been asked to pay the fee in Euros!

Should I change the money from the bank at the moneyshop, or wherever gives the best rate, or let the bank automatically convert it?

Its several thousand, so I probably need advice on this.
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Comments

  • richardw
    richardw Posts: 19,470 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    The Euro isn't the currency of the U.K., the Emirates and Japan, who is asking for Euros?
    Posts are not advice and must not be relied upon.
  • Zola.
    Zola. Posts: 2,204 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Trailfinders
  • Voyager2002
    Voyager2002 Posts: 16,349 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Curious.

    Firstly, ask them if they can give you a price in pounds.

    If that doesn't work: use a card like the Clarity or a Metro Bank debit card that does not charge you a fee for Euro transactions.
  • Zola.
    Zola. Posts: 2,204 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    The price is because its priced from their Dublin team, as the cheapest flight out for us is in Dublin.
  • Pay by credit card.

    Preferably one that's free to convert currency.

    http://www.moneysavingexpert.com/travel/travel-credit-cards
  • richardw
    richardw Posts: 19,470 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    What happens if you miss the flight from Dublin?
    Are you insured for any losses?
    Posts are not advice and must not be relied upon.
  • Zola.
    Zola. Posts: 2,204 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    I live in N. Ireland, easy to get to Dublin.

    I will pay by credit card in that case!

    Cheers
  • eDicky
    eDicky Posts: 6,835 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    Zola. wrote: »
    I will pay by credit card in that case!
    The advice was not for just any credit card, which one(s) do you have? Most of them charge up to 3% for non-sterling transactions.

    By all means read the advice in that link and get the right cards for travel. But if you need to sort it fast and you use a smartphone, install the Revolut app, sign up, verify yourself and load enough pounds - then you can use the virtual card to pay in euros at the interbank rate with no fees.

    https://revolut.com
    Evolution, not revolution
  • AlexMac
    AlexMac Posts: 3,067 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Credit card has the advantage of safeguarding your cash; so worth a few% fee. Standard advice (on Tripadvisor and elsewhere) is never to pay holidays - and certainly not accomodation - by bank transfer to avoid scams
  • sillygoose
    sillygoose Posts: 4,795 Forumite
    Part of the Furniture
    AlexMac wrote: »
    Credit card has the advantage of safeguarding your cash; so worth a few% fee. Standard advice (on Tripadvisor and elsewhere) is never to pay holidays - and certainly not accomodation - by bank transfer to avoid scams

    Better still is to get credit card cover and not pay a few % fee. As edicky said above, its worth checking the terms of the cards you have.

    I recently needed to pay a deposit for accommodation in Greece in Euros, I found my Santander card had no foreign currency fee and converted at the Mastercard standard interbank rate which was competitive.
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