- converting euro’s to GBP (cash)
Does anyone know how to convert Euro’s (cash) to Sterling?
Im not talking small amounts (leftover holiday cash) but it is from a legitimate source.
Obviously looking for the best possible rate – in the past my highstreet bank have offered abysmal rates for FX transactions.Posted 2 months agoandrewhMember
Faff, but worth it for a large amount. Open a bank account for the currency you don’t have one in with your bank, transfers between linked accounts get very reasonable rates and no fees. Bank the currencyyou have, do a bank transfer, pay out of the other account.Posted 2 months ago
Money a laundering checks may apply, but likely with any large amount cash.nickdaviesSubscriber
To use transferwise/Revolut etc it’s got to be in an account first…
Cash, post office were pretty good, banks and a lot of the buy back holiday money lot were pretty expensive.
Can you flog it to mates going on holiday at a better rate?
Otherwise your best option is to open a euro account that allows a cash payment, then make an international payment to a forex service like Revolut etc that gives you a current account. You may find this way causes grief, where has the money come from etc.Posted 2 months agodeadkennyMember
You must be the only person in the world moving out of Euros and in to Sterling!.:-)
Rate is good for Euro to Pound. Depends when / how you got the Euros though and whether you’ll transfer back in the future.
Got a pile of travel cash from years ago and worth a lot more in £ now than when I bought them, so may cash it back. Though if I’m going to buy more or use a card for another trip it’s not worth it as rate and fees will lose me money vs just keeping the cash in Euros and spending them.Posted 2 months ago
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