Friday, March 30, 2012

exchange rates - best place to buy euros

I am going to paris on the 14th Nov for a day trip. please could someone advise is it better to buy euros in paris or to buy here in london first? if so where can i get the best rate from?



many thanks



Mhnz




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You would probably find it useful to have euros on you when you arive in Paris, so that you can buy metro tickets etc immediately.





Some banks have reasonable exchange rates; I used to use my local branch of the Halifax. Otherwise a trip to your post office or M %26amp; S might be a good idea. They claim no fees are charged on exchanges, but I think their rates take this into account, but as they are easy to get to and use, are popular. They charge quite a high fee if you need to change euros back into pounds.





If you have a Nationwide flexaccount, you can use your card in ATMs in France with no charges from Nationwide or the French bank, providing it has the right symbol showing on the machine, and most do. And, of course, providing you have plenty in your account! Nationwide do a very favourable rate. But a small amount on you on arrival would be best even if you have a flexaccount





GG.




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If you go on to the Money Saving Expert website there is a tool that tells you the best place to buy your Euros (though only in England). Usually the best rates are from companies that do delivery but they sometimes have offices in central London too.




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It would seem unlikely, though possible, that you could find a place to purchase euros in England cheaper than you could in Paris.





I recommend the following locations in Paris. You can look at their rates and compare with what is available elsewhere:





http://www.bureaudechange.fr/



http://www.ccopera.com/



http://www.fcochange.com/

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