US ($) Currency Thread 1 (closed - use thread 2)

sdooley

That's the exchange rate that Americans might pay in a bureau de change to buy pounds - note its from VISA Inc, the US bit of VISA.

wwwd

sdooley wrote: »

That's the exchange rate that Americans might pay in a bureau de change to buy pounds - note its from VISA Inc, the US bit of VISA.

According to MSE (and the first page of this thread) that's the rate we would get if we used our Visa card over in the States. So we would get that rate wouldn't we?

lisaloo1977

That seems to be the only site it is showing at that rate on.

It must be a mistake, surely?

hpuse

Assuming the cheque is issued to your own name, your bank will normally be able to cash that for you. Some type of current accounts does not allow foriegn cheques to be paid in, but most high street banks generally do.
Of course, they will charge you for this anything between £25-50.

MuffyMan wrote: »

I need to exchange the other way round. I worked for EDS and had a load of shares which were compulsorily purchased by HP, so I now have US$ cheques to the value of $30k+ and no US$ account.
Does anyone have a suggestion about the best way to get these converted to GBP?

007JUNKY

That site didnt actually put down the correct rate I think it must have been a mistake as the BOE rate today is only $1.53 ,most places are offering about $1.50. Anyone going start getting your currency this week it looks like there may be a move up in the market gone up 4cents already today.

veggie4life

this seems like its going to be the best week to buy dollars I think i'll be biting the bullet tomorrow.

optiop

I am still getting quoted at 1.44

Am I doing something wrong?

I have phoned 3 travel agents who have ranged from 1.41-1.44!

Any advice to get this all important 1.50 as I have 2000.00 sterling to get!!

pararct

optiop wrote: »

I am still getting quoted at 1.44

Am I doing something wrong?

I have phoned 3 travel agents who have ranged from 1.41-1.44!

Any advice to get this all important 1.50 as I have 2000.00 sterling to get!!

Get a Fair FX debit charge card an load it with £1900 sterling..

http://www.moneysavingexpert.com/travel/cheap-travel-money#prepaid

It will give you the best Xchange rate you can get and can be used free of charge in the US for debit card purchases. You would use it at Mastercard outlets exactly the same way you use a switch.maestro card.
Change the other £100 up for ready cash at your local bank/travel agent which of course you will need some of on arrival.

Read the article at the link it goes into detail on the advantages.........

Downside is they quote 7 - 10 days delivery on the card although mine turned up 3 days after the web transaction... Still waiting for the pin number though. So if your need is really urgent you need to get your skates on......

steveo3002

optiop wrote: »

I am still getting quoted at 1.44

Am I doing something wrong?

I have phoned 3 travel agents who have ranged from 1.41-1.44!

Any advice to get this all important 1.50 as I have 2000.00 sterling to get!!

travel agents wont give you a good rate

try the links on the 1st page of this thread , either a nationwide card to use at cash machines or use a online money exchange place:D

garratt83_2

Rate is up to 1.53 with money at 1.45. But the high street is always naff.