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CASH POINTS!

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Bee:

--- Quote from: DavidFid on April 10, 2013, 08:10:03 PM ---Quick tip when using the ATM near the beach, as I did last year.

The machine gives two options a guaranteed rate of 1.14 or the prevailing rate when the transaction goes through your bank. I took the later and when I returned home I checked my bank, the rate charged was 1.251 !!! reduced by my banks fees to 1.219 on a withdrawal of 200 euros (so with a larger withdrawal the rate would have reduced by less).

Significantly better than the 1.14 guaranteed, not sure if my bank would have charged their fees on the 1.14 but I expect that they would so reducing the rate to 1.10.

Potentially £16 more expensive on my 200 euro withdrawal.

--- End quote ---

Thank you for that info, I will bear it in mind.  The exchange rate at the moment is so bad (almost £1 - €1) that I guess it won't change much by June.  Having had a quick trip to Barcelona recently I do have around €50 in cash so a good start  :)

 

Jimbo:
TravelFX is currently 1.159 which means you get 1150 Euros for £992. That's quite a few suppers!

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