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cheapest place to exchanges euros for sterling in london?

  • 03-01-2010 02:51AM
    #1
    Registered Users, Registered Users 2 Posts: 378 ✭✭


    Hi Guys,

    I am flying to London tomorrow and I was wondering if someone could advise the best place in London to exchange euros for sterling.

    Thanks


Comments

  • Registered Users, Registered Users 2 Posts: 78,904 ✭✭✭✭Victor


    A bank (not many open on Sunday) or foreign exchange. They difference between the main operators would be less than 1%, but watch out for people that would exploit you.

    Generally better to exchange it all in one go than in drips and drabs.


  • Registered Users, Registered Users 2 Posts: 378 ✭✭gagomes


    Thanks Victor. How can I go about being on the safe site when it comes to people trying to exploit me? wouldn't a bank or a foreign exchange be kind of a reputable place to go for?


  • Registered Users, Registered Users 2 Posts: 14,643 ✭✭✭✭cson


    Post Offices over in London have the cheapest exchange rate. Go into any Royal Mail shop and they should be able to sort you - the commission is sfa and the rates good. Try not to do it in the airports as they'll rape your wallet. I changed €50 and I think the rate was ~0.75p/€1 when it should have been closer to 0.90p/€1.


  • Registered Users, Registered Users 2 Posts: 378 ✭✭gagomes


    awesome cson! that's what I was looking for. Hopefully I'll find some royal mail shop open on a Sunday, otherwise, I may not have much of a chance afterwards.


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