Dollars to Pounds
#4
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Check with your bank and credit card company; but most ATMs are the cheapest way to get local european currency. Some might have a transaction fee; like American ATM's, the fee can vary but most are not terribly expensive.<BR>The spread on buy-sell for most currencies at exchange agencies is 10% or more, so figure they charge about 5% or more commission. Use ATM's.
#5
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Debby - The other posts are correct but might be a little confusing - DO NOT change dollars to pounds. Leave your dollars home in your checking account and get pounds as you need them from ATMs (called cashpoints in the UK). This gives you a MUCH better rate than exchanging dollrs or travelers cheques.<BR><BR>British banks do not charge a fee to use ATMs. Your own bank probably will charge you a fee but it is usually only $1 - $2 and will be much less than the transaction fee charged to exchange dollars for pounds.
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shaytravels
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Apr 13th, 2008 10:06 PM




