I decided I needed €2,000 in travel cash when pre-planning for my trip to Europe this August.
At first I approached my bank NatWest and was quoted £1,995, the Post Office wanted £1,976 and Tesco supermarket £2,009. After searching the Internet I saw that MoneySupermarket recommended FairFX.
FairFX gave me €2020 for £1,760, a huge saving! They also allowed me to pay by debit card, provided free postage and my travel cash arrived only 19 hours later by secure Royal Mail delivery.
This is an excellent service and is highly recommended. If you want more Euros for your Pound I would not hesitate to use FairFX.
Glyn Davies, FairFX Travel Cash Customer, Kent
Thursday 25 July 2013, 01:45pm
This week the Bank of England has highlighted that overseas investors may choose to reassess their willingness or ability to purchase sterling assets and thereby finance the UK trade deficit.
This has led them to conclude that "As a result, the long-run sustainable real sterling exchange rate... may have fallen."
Currency markets reacted suddenly to this statement. According to an article in the Express, the Post Office have been offering just 1.03 euros to the pound, Gatwick airport just 1.02 euros to the pound and Birmingham and Luton airports a poultry 98 cents and 99 cents respectively to the pound.
Here at FairFX our rates have also been dragged down – but not nearly as much. Today we’re offering 1.10 euros to the pound.
So in conclusion euro rates have fallen a little over the past couple of days – but they’ve also rebounded a little. Just be aware that at times when currencies fluctuate that some companies will feel that they can get away with giving consumers a worse deal. Keep your eye on the rate when you’re ordering currency at the moment.
Wednesday 23 September 2009, 01:00pm