Euro Foreign Exchange

Have you ever had to buy Euros at the airport only to be cheated with a lousy foreign exchange rate and high commission?It's not the best way to start your holiday, so why not think ahead and buy from us!

We offer a highly competitive foreign exchange rate, we don't claim to be commission free like many high street services but as our selling price is just 2.5% below the exchange rate*we still offer the best rate we could find.

We don't charge a handling fee although we do charge postage, and there is no cash advance fee.We did a comparison on 4th September 2012 and even with our postage charge of £8 plus £1 per £1,000 we still work out by far the best value.

So, let's sum that up for you...

Ordering

Payment

The quickest way to pay is online using a debit card. We can also accept payment by cheque , bank transfer or cash .

Delivery

We can deliver to your dooror you can collect from our showroom. We deliver using Royal Mail Special Delivery (fully insured) at the cost of £9 plus £1 per £1,000 spent. Order before 3pm and pay online using a debit card to receive the next working day(signature required).

Customer Due Diligence

According to their website: What is customer due diligence?

Customer due diligence means taking steps to identify your customers and checking they are who they say they are. In practice this means obtaining the following from a customer:

• their name
  
• their photograph on an official document which confirms their identity
  
• their residential address or date of birth
  

Our Selling Rate

We aim to be completely open, honest and transparent in all of our dealings - foreign exchange included.

Foreign Exchange Comparison

To make it easy for you we compared four of the most popular foreign exchange services; the Post Office, Natwest, Tesco and Marks and Spencers.
Tesco came out just below us with an exchange rate of 1.22 and with a postage charge of just £3.95 this may work out better value for some people. They also offer the option of collecting in store which may be more convenient for you.
Natwest and Marks and Spencers advertise their foreign exchange as no commission yet their rates on the day were 1.2060 and 1.2100 - difficult to work this out as no commission when the live rate on the day was 1.2625.

We also treat everyone the same, whether you are a previous customer or not, unlike all of the others who give preferential treatment to their credit card customers.

If you were exchanging £100 on 4th Sept this is what you would have got...

Prices from online sellers on 04/09/12 at 14:52. Actual exchange rate:1.2625

Please note, all orders are subject to our normal terms and conditions .

* mid rate subject to rounding.

Notes
The spot prices shown on the above link are international mid rates for indication only.
Our buy - sell prices will be 2% above and below the current mid rates, subject to rounding.
This is about half the usual rates charged by most other foreign exchange traders.

Forex Price Comparisons
A simple way to check the competitiveness of your usual foreign exchange service is to take their buy and sell prices, and divide the larger figure by the smaller figure, so for example, if your local bureau de change is quoting buy 1.54 sell 1.39, divide 1.54/1.39 = 1.1079; at this they would be making 10.79% "spread", or 5.54% "turn". Typically most exchange bureaux charge about 10% spread or 5% turn. By "turn", we mean half the total spread, roughly equal to their profit on an individual deal, less their costs.

Forex Sterling to US Dollar Foreign Exchange