Posted by forex at 9:45 AM
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1. Order your travel money online through your bank or the Post Office. With more than 70 foreign currencies available, the Post Office allows travellers to place an order of up to £2,500 online or £5,000 in person. If ordering your travel money online, you will be offered the option to collect your money at your local Post Office branch or have it delivered to your home address. Major banks such as HSBC and Barclays also offer a next day delivery service for all orders of foreign currency with a similar purchase limit. Buying online requires a debit or credit card so be wary of extra charges.
2. Obtain a Travel Money Card. This breed of prepaid Visa card, available from the Post Office, gives you the convenience and security of not having to carry cash around. The Post Office allows you to purchase either a Euro or US Dollar Travel Money Card, which you can top up with a minimum of £50. Much like a debit card, your money is protected and if your card is lost or stolen while you are abroad, you can request a replacement. However, if you are travelling to a country that uses a different currency, you will incur foreign exchange rates and fees when you draw out your money.
3. Buy your travel money from a reputable Bureau de Change ahead of your departure date. This will ensure that you get a better exchange rate rather than the lower airport rate. Currency Exchange specialists such as Travelex and Thomas Cook are available at most UK airports and online. Both provide facilities for you to buy your required foreign currency online to collect at the airport or for home delivery. Airport collection is available at Heathrow Terminal 5 from both companies.