Airports costly for foreign exchange
21.05.08
Research by the Times has found that Newcastle, Liverpool, Leeds Bradford and Luton Airport are some of the worst places for holidaymakers to take out foreign currency. It says that holidaymakers should steer clear of foreign exchange bureaus at these UK airports, which provide the least competitive currency conversion rates.
[Note: for the lowdown on where and how to get the best deal on your foreign currency and travellers cheques, visit our Foreign Currency advice page. ]
Airports are one of the most expensive places to buy currency. It costs an average £6,434 to buy €7,500 at a UK airport currency exchange, the research found. The same €7,500 would cost £6,136 if you took it out using a debit card and £6,181 if you ordered the currency from a specialist online foreign exchange provider such as Onlinefx.
Some airports are worse than others - even with the same currency company - because rates vary, the newspaper reports. Buying the same amount of Euros at an ICE bureau de change at Luton airport would have set you back £6,608, for example. If instead you bought from an ICE bureau at Gatwick, one of the most competitive airports, you would be charged only £6,257 – a saving of £351.
Add to: del.icio.us | Digg it | Newsvine | NowPublic | Reddit
To book luton airport hotel or luton airport car parking at the lowest price, click on these links to two great luton airport car parking and luton airport hotel price comparison pages.
