I’m going to England in about 3 1/2 months and will spend probably $2000 to $3000. What is the best method for exchanging dollars to pounds? Use my credit card as normal? Use and investment firm? Online exchange? Local exchange?
it depends on what you’re trying to do. ATMs in Britian will give you the best exchange rate for the day when you use them. Alternatively you could get a cashiers check from your bank and deposit it all in an english bank account. Also, most post offices in Britian will change your money and do not charge an exchange fee.
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June 24th, 2010 at 4:58 am
it depends on what you’re trying to do. ATMs in Britian will give you the best exchange rate for the day when you use them. Alternatively you could get a cashiers check from your bank and deposit it all in an english bank account. Also, most post offices in Britian will change your money and do not charge an exchange fee.
References :
June 24th, 2010 at 5:13 am
Use ATM for the best deal
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June 24th, 2010 at 5:42 am
Open an account with HSBC. A online savings or a free checking. This will cost you nothing.
Once you get to UK, you can go to any HSBC atm to withdraw with out any sur-charges. It will only charge you the standard conversion fee which is the lowest in any big bank.
From my 10+ years of traveling, I have found this to have the best exchange rates.
GL.
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