Currency Exchange

Whats the best way to deal with this, these days, and avoid as many
conversion fees as possible... stilll travellers cheques ? or what
about Cirrus ? What about a lump sum transfer to an account in the
destination country UK ?


Or does it all end up costing the same in the long run ??

David Horne, _the_ chancellor of the duchy of besses o' th' barn and
prestwich tesco 24h offy wrote:

> Donald Newcomb <DRNewcomb@NOT.attglobal.net> wrote:
>>
>>anything you do costs you a buck (or whatever). If you check
>>your balance, it's a buck, if you go over your daily limit and are rejected,
>>it's a buck, if you get 10 Euro, it's a buck, etc.

> It depends on your provider. I use a Nationwide (UK) bank card when I go
> abroad, and don't incur any fees. The exchange rates seem pretty close
> to the market one- certainly not enough variation that they're
> 'clawing' back fees that way.
>
Yes, it is very much dependent on provider. One of my banks charges no
fees at all, one (US-based) charges $3.00 per transaction.
Both give excellent rates - 1% over market. Neither one charges for
inquiries or failed transactions.

Phil wrote:
> Whats the best way to deal with this, these days, and avoid as many
> conversion fees as possible... stilll travellers cheques ? or what
> about Cirrus ? What about a lump sum transfer to an account in the
> destination country UK ?
>
>
> Or does it all end up costing the same in the long run ??

The best way to deal with this is finding a friend or acqaintance in
the UK who wants to change pounds into your currency (dollars?), and
take the money in cash.