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Foreign currency at great exchange rates. No fees or commission!

POSTED BY: Ian182 10 months, 1 week ago

A number of shops at the Tottenham Court Road end of Oxford Street provide a currency exchange service. Today, they are offering US$100 for £64. This is an exchange rate of $1.5625. The current official exchange rate is $1.5110. At the Post Office, it is a measly $1.4782.

For $100, it would cost you £67.65 at the Post Office.

OK, it is only a saving of £3.65, but if you are buying $500, that is a saving of nearly £20. Plus no queuing at the Post Office and no fees!

The offer on Euros is 100 for £89, a rate of 1.1236 compared to the Post Office's $1.0807.

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#2

13-05-2009, 13:42
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I just hope you took your own validated calculator in with you to double check their arithmetic.

I remember an American friend being swindled at at Forex counter in Amsterdam where the machine printed out a FALSE/FRAUDULENT calculation of his Forex - only discovered later of course !

MKD
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13-05-2009, 13:42
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that's fantastic, I paid Natwest £238 to get 250 Euros, for the same money I would've gotten 267.5 Euros, I am wary of such places tho, do you get a receipt ?
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13-05-2009, 13:46
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Rudz:
that's fantastic, I paid Natwest £238 to get 250 Euros, for the same money I would've gotten 267.5 Euros, I am wary of such places tho, do you get a receipt ?
Ouch, I got 300 Euro's for £238 last week using my Nationwide Flexaccount Debit Card in an ATM in Spain.
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#5

13-05-2009, 13:48
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mk-donald:
I just hope you took your own validated calculator in with you to double check their arithmetic.

I remember an American friend being swindled at at Forex counter in Amsterdam where the machine printed out a FALSE/FRAUDULENT calculation of his Forex - only discovered later of course !

MKD
They showed that con on The Real Hustle.
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#6

13-05-2009, 13:49
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mk-donald:
I just hope you took your own validated calculator in with you to double check their arithmetic.

I remember an American friend being swindled at at Forex counter in Amsterdam where the machine printed out a FALSE/FRAUDULENT calculation of his Forex - only discovered later of course !

MKD
It is advertised outside as $100 for £64. Just go in knowimg how much you should get back and you will be fine.

Rudz:
that's fantastic, I paid Natwest £238 to get 250 Euros, for the same money I would've gotten 267.5 Euros, I am wary of such places tho, do you get a receipt ?
I haven't changed any money there yet, but I would have thought so, yes.
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13-05-2009, 13:50
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Tom Pickering:
They showed that con on The Real Hustle.
Like I said, go in there knowing how much you should be taking out of there. It is easy to calculate.
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13-05-2009, 14:01
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Inactive:
Ouch, I got 300 Euro's for £238 last week using my Nationwide Flexaccount Debit Card in an ATM in Spain.
I think your figures are wrong, I am in Spain and last week I was getting 300euros for around £265 - £269 with a Nationwide Debit card on various days
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#9

13-05-2009, 14:09
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Ouch, I got 300 Euro's for £238 last week using my Nationwide Flexaccount Debit Card in an ATM in Spain.
You got an exchange rate of 1.26ish? I think we need to see some proof of this one, or as mentioned above, there's a mistake in your figures.
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13-05-2009, 14:12
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Ouch, I got 300 Euro's for £238 last week using my Nationwide Flexaccount Debit Card in an ATM in Spain.
Don't believe this I'm afraid. Nationwide rates are good when taking money out with a debit card, but not that good!!

You got any proof?
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13-05-2009, 14:16
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Don't doubt that this is a good deal for high street availability.
Personally i would rather order my currency through Crown Currency Exchange.
They've never failed me yet, and if you pre-order you can get some great rates.
Obviously you take a risk in that the rates can also go up, meaning that you could lose out.
Best thing to do is take a look for yourself.
Recently featured on BBC2 WORKING LUNCH as the best option for foreign currency in the U.K..

http://www.crowncurrencyexchange.com/

Can't hurt to have other options
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13-05-2009, 14:22
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List of current exchange rates

Delivery Between EUR USD AUD NZD CAD
23/05/2009 and 02/06/2009 1.0939 1.4895 1.9623 2.5005 1.7314
03/06/2009 and 12/06/2009 1.0967 1.4933 1.9673 2.5069 1.7358
13/06/2009 and 02/07/2009 1.1145 1.5275 1.9922 2.5386 1.7578
03/07/2009 and 27/07/2009 1.1220 1.5350 1.9972 2.5449 1.7622
28/07/2009 and 10/10/2009 1.1295 1.5425 2.0022 2.5513 1.7666
11/10/2009 and 29/11/2009 1.1217 1.5273 2.0121 2.5640 1.7754
30/11/2009 and 01/07/2010 1.1328 1.5424 2.0320 2.5894 1.7930
Exchange rates last updated: 13/05/2009 14:16:03
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#13

13-05-2009, 14:26
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chappers:
List of current exchange rates

Delivery Between EUR USD AUD NZD CAD
23/05/2009 and 02/06/2009 1.0939 1.4895 1.9623 2.5005 1.7314
03/06/2009 and 12/06/2009 1.0967 1.4933 1.9673 2.5069 1.7358
13/06/2009 and 02/07/2009 1.1145 1.5275 1.9922 2.5386 1.7578
03/07/2009 and 27/07/2009 1.1220 1.5350 1.9972 2.5449 1.7622
28/07/2009 and 10/10/2009 1.1295 1.5425 2.0022 2.5513 1.7666
11/10/2009 and 29/11/2009 1.1217 1.5273 2.0121 2.5640 1.7754
30/11/2009 and 01/07/2010 1.1328 1.5424 2.0320 2.5894 1.7930
Exchange rates last updated: 13/05/2009 14:16:03
It's a good option, although I leave for America on 4th June, so not a great rate for me there.

Good one for the future though.
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#14

13-05-2009, 14:26
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Ian182:
Don't believe this I'm afraid. Nationwide rates are good when taking money out with a debit card, but not that good!!

You got any proof?
Whoops my bad ... sorry...typo, should read: £268 for 300 Euro's..
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#15

13-05-2009, 14:28
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http://www.xe.com/
shows you the current exchange rate atm ! i always use it
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