Best place to sell my US $

shudd1967

Hi

Have about $1000 that I need to convert back to sterling in next couple of days so we have some spending money for our next holiday in Cuba next week. Can anyone point me in the direction of where I will get the best rate and maximise my money? We don't live anywhere near London so no point at looking at any agencies there.

Thank you in anticipation.

M4RKM

me.. i'll buy them...

shudd1967

markymoo - that will only work if you live near me! PM me and let me know where you live roughly.................must admit feel a bit cautious about selling them this way.........is the a catch?!! Sorry to be suspicious but you never know!

Happy_saver_4

shudd1967 wrote: »

Hi

Have about $1000 that I need to convert back to sterling in next couple of days so we have some spending money for our next holiday in Cuba next week. Can anyone point me in the direction of where I will get the best rate and maximise my money? We don't live anywhere near London so no point at looking at any agencies there.

Thank you in anticipation.

I don't quite understand why you are converting $ to sterling to take to Cuba as spending money.

You will get a much better deals using US$ in Cuba than offering sterling. Everyman and his dog wants $s in Cuba. Sterling has little value on the street.

shudd1967

I have been to Cuba twice and the first time we took a few $ just to see how we got on and we ended up bringing them back. The penalties for the people (the locals) caught with them are fairly stiff and they wouldn't touch them with a barge pole!

Nobjocki

The Greenback is THE acceptable currency on Cuba - perhaps not in the major hotels etc but if you're sightseeing,eating,drinking,buying then everyone will take it.

blindman

Nobjocki wrote: »

The Greenback is THE acceptable currency on Cuba - perhaps not in the major hotels etc but if you're sightseeing,eating,drinking,buying then everyone will take it.

Bo**ocks!

That all changed a few years back.

US$ are NOT accepted.

They use the Cuban Convertible for tourists and the Cuban Pesos for locals

Happy_saver_4

shudd1967 wrote: »

I have been to Cuba twice and the first time we took a few $ just to see how we got on and we ended up bringing them back. The penalties for the people (the locals) caught with them are fairly stiff and they wouldn't touch them with a barge pole!

I lived there for many months on a yacht and did business there only ever using US$ and cuban$. Perhaps as a 'two week' tourist you will be running a risk using the $ as you don't know who to trust and the locals don't know whether to trust you.

The locals are really great people and I would not like to see any of them put at risk. So, yeh - spend sterling and enjoy yourself.

blindman

Happy_saver wrote: »

I lived there for many months on a yacht and did business there only ever using US$ and cuban$. Perhaps as a 'two week' tourist you will be running a risk using the $ as you don't know who to trust and the locals don't know whether to trust you.

The locals are really great people and I would not like to see any of them put at risk. So, yeh - spend sterling and enjoy yourself.

And that was after November 2005?

Happy_saver_4

blindman wrote: »

Bo**ocks!

That all changed a few years back.

US$ are NOT accepted.

They use the Cuban Convertible for tourists and the Cuban Pesos for locals

What do you think the US citizens spend? I know the US gov't discourage US citizens visiting Cuba as it was described to me by a US gov't official as 'trading with the enemy'. But as I was British the US gov't couldn't touch me. 100's of US citizens do visit Cuba each year, often entering and exiting via the Bahamas They normally take some Canadian $ or some € so if they're stopped on return to the US they can prove they haven't been spending the US$ in Cuba. Perhaps giving too much detail here.

"US£ are NOT accepted" is absolute piffle. But as I inferred in a previous post you have to know your way around and be street wise.

Therefore, don't take risks, enjoy your holiday and spend sterling.

blindman

Well, when I went in November 2007 the few Americans I met with were changing their $ for CUC.