They don't charge any commission on foreign currency and only 1% on sterling travellers' cheques. I went to the M & S outlet at Arena park near my house and got €245 for £200.36 (@ rate of 1.2228).
A lot of people tend to change currency in banks but ore often than not, their rates are not the best. Doing some research, I learnt that the worst rates are those offered by those money changers operating from small kiosks.
I too did make some mistakes on the way and bought travellers cheques worth £500 from the post office a few days before that. They charged me £7 pounds as commission.
If you are interested in
7 comments:
Thanks for the information. When it comes to changing currency I always want to do it with less expenses. Marks and Spencer seems to be a respected and trusted company.
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Thanks for promoting my blog. I am basically a part time forex trader rather then a currency exchanger. I am using several platform / broker and running my own trading account. I am not making much since I dont have big capital and I am trading using the safest methods. The smaller the risk and capital are the smaller the profit is.
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Thanks for the info its good to know, I used to do the credit card in the atm route but found out its not so easy now anymore with all the security issues.
Thanks for all your comments guys.
Ahrasis: You are welcome.
i alweez changed mine in the post office. never use travellers cheque before.
Thanks for sharing information
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