Euro (€) Currency Thread

markray007

Just been given the following rates at the post office (walk in) up to £500 1.238, below £500 1.198.

I dont think thats too bad if you get £500 worth?

yer_maw

Hi folks, just looking for some advice.

I am travelling to the eurozone, then im travelling on to sweden. So i need euros and swedish kronor.

However, i dont want to get half and half as i dont know what proportion of cash i will spend in each location. I also dont want to take a hit converting to euro, then converting extra to kroner and then possibly converting some unused back resulting in 3 poor exchange rates and comission etc.

What is the most economical way of taking two forms of currency?

Ps.

I have an rbs debit card and credit card.

dzug1

yer_maw wrote: »

Hi folks, just looking for some advice.

I am travelling to the eurozone, then im travelling on to sweden. So i need euros and swedish kronor.

However, i dont want to get half and half as i dont know what proportion of cash i will spend in each location. I also dont want to take a hit converting to euro, then converting extra to kroner and then possibly converting some unused back resulting in 3 poor exchange rates and comission etc.

What is the most economical way of taking two forms of currency?

Ps.

I have an rbs debit card and credit card.

Deleted answer - wrong question answered so advice was misleading

yer_maw

Ideally thats what id like to do. However, RBS debit card is listed under "cards from hell"

RBS Debit Card
Spending penalty: £1.25. Exchange load: 2.75%. Cash Withdrawal fee: 2% min £2 max £5

dzug1

yer_maw wrote: »

Ideally thats what id like to do. However, RBS debit card is listed under "cards from hell"

RBS Debit Card
Spending penalty: £1.25. Exchange load: 2.75%. Cash Withdrawal fee: 2% min £2 max £5

oops sorry - reading the wrong list of 'doesn't charge' - I was looking at the one for buying currency here with the card.

In that case - take the cash you actually think you will need - or maybe a bit less - and bite the bullet on the charges if you run out.

richardc1983

Going to Majorca for a week soon, I was wondering whether it will work out better to take travellers cheques, Euros that I have got over here or take my debit card and draw out approx 50 euro as & when i need it, the same as I would use if I was cashing a travellers cheque.

PLease advise me as Im lost as to what is best to do, I bank with the Halifax.

Regards
Richard.

dmg24

Please see the stickies at the top of the board.

richardc1983

Going to Majorca for a week soon, I was wondering whether it will work out better to take travellers cheques, Euros that I have got over here or take my debit card and draw out approx 50 euro as & when i need it, the same as I would use if I was cashing a travellers cheque.

PLease advise me as Im lost as to what is best to do, I bank with the Halifax.

Regards
Richard.

richardc1983

Going to Majorca for a week soon, I was wondering whether it will work out better to take travellers cheques, Euros that I have got over here or take my debit card and draw out approx 50 euro as & when i need it, the same as I would use if I was cashing a travellers cheque.

PLease advise me as Im lost as to what is best to do, I bank with the Halifax.

Please help

Regards
Richard.

dzug1

richardc1983 wrote: »

Going to Majorca for a week soon, I was wondering whether it will work out better to take travellers cheques, Euros that I have got over here or take my debit card and draw out approx 50 euro as & when i need it, the same as I would use if I was cashing a travellers cheque.

PLease advise me as Im lost as to what is best to do, I bank with the Halifax.

Please help

Regards
Richard.

It would be a very bad idea to withdraw 50€ at a time from the Halifax - they charge a fixed fee so it would be a very high % of the amount withdrawn.

Either take a larger sum out, say 200€ minimum, or take cash. If you take ££ you can minimise the amount of left over €€ you have.

Personally I wouldn't bother with TCs but some swear by them. (Others swear at them:rotfl: )