Minimum Currency Exchange

Ezio2025

Is there a minimum amount of currency The Post Office will exchange? 

And what do they charge? 

I have a €5 I found in an old wallet and just wondered if I could take it into The Post Office to change it to £. 

Exodi

I don't believe there is a minimum in the branch, though I have a faint memory of being told they will only change back notes and not coins?

They don't charge a fee, they just offer poor rates, especially on the way back.

Should pay for your Tesco meal deal at least.

la531983

Be better off giving it to someone going abroad soon

NoodleDoodleMan

I think any travel agent or foreign currency provider will buy back - but rates are to their advantage - I wouldn't go out of my way to redeem €5 to £? - just if passing a TA shop etc.

You'll get £3.86 at today's rate from the PO according to their website.

https://www.postoffice.co.uk/travel-money/currency-buy-back

Ezio2025

la531983 said:

Be better off giving it to someone going abroad soon

How would I be better off with £0 than having £3.86? 😂 maths not your strong point aye 

martindow

Ezio2025 said:

la531983 said:

Be better off giving it to someone going abroad soon

How would I be better off with £0 than having £3.86? 😂 maths not your strong point aye 

It depends how you value your time.  Is it really worth travelling to the shop to get a few pounds?

Ezio2025

martindow said:

Ezio2025 said:

la531983 said:

Be better off giving it to someone going abroad soon

How would I be better off with £0 than having £3.86? 😂 maths not your strong point aye 

It depends how you value your time.  Is it really worth travelling to the shop to get a few pounds?

Perhaps not travelling to a shop specifically JUST to exchange the money but if I’m planning on a trip where I’ll pass a post office - maybe 10 minutes to pop in and get €5 exchanged into £3 is well worth my time I’d say 🙂 

QrizB

Do you have any friends, work colleagues or family who are planning a summer holiday to the Eurozone?

One of my office mates had a leftover €10 note. I think I gave him £8 for it and we were both happy.

Ezio2025

QrizB said:

Do you have any friends, work colleagues or family who are planning a summer holiday to the Eurozone?

One of my office mates had a leftover €10 note. I think I gave him £8 for it and we were both happy.

That’s a great idea thanks! 

la531983

Ezio2025 said:

la531983 said:

Be better off giving it to someone going abroad soon

How would I be better off with £0 than having £3.86? 😂 maths not your strong point aye 

Well i meant get a few quid off them, not literally "give it" to them. 

NoodleDoodleMan

Why not just keep the 5 € note for your next visit to Euroland ?