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Old April 26th 05, 06:13 PM posted to uk.transport.london
Tom Anderson Tom Anderson is offline
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First recorded activity at LondonBanter: Oct 2003
Posts: 3,188
Default Off Topic Money exchange

On Tue, 26 Apr 2005, G.Mizer wrote:

I am traveling to London tomorrow for the USA and was wondering what
your thoughts are on where the best place to exchange money is.


Hi George. Am i right in thinking you're in the US now, and coming to the
UK?

If so, i think your best bet will be to do the exhange in the US, at your
local bank or bureau de change (try several in your town and see who has
the best deal); the rate will be better than places in airports or London
city-centre bureaux, and it'll be a lot easier to do (just being in an
airport or a foreign country makes even the smallest things more
stressful). Plus, you're likely to be able to get a buy-back deal (varies
from place to place), which you can use at your leisure once you return.

However, i second what Tony said - US-issued debit and credit cards
(provided they're Visa or MasterCard/Maestro) should work in UK cash
machines, cash registers, etc, and the exchange rate isn't bad. This is
certainly a hell of a lot more convenient than a wallet bulging with notes
or travellers' cheques.

tom

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