Money exchange in London
I'm going to London very, very soon and as a traveler beginner, I'm having a huge problem.
I had a problem with my bank (they mess it all and forgot the request I made to exchange money) and now I don't have any pound to take with me before the trip. It means that I'll land in London without a penny in my wallet.
I'll take euros with me and I'm planning use a ATM in the airport so I can have some money to use to get to the center of London but right now I'm looking for a better option to exchange money in London.
Do you know any places where I can exchange some Euros to Pounds without paying ridiculous taxes? I'll be extremely grateful if any of you who knows the best deals, share your knowledge with me!
Best Answer
Unless you are extremely price sensitive, use any ATM you see. Meaning, don't 'exchange' your Euros.
You will always get the best combined rate (exchange + fee) from any random ATM than you will at any exchange desk.
If a few euros and cents are meaningful to you, you will have to locate an ATM at a bank or on a network that has a favorable relationship with your home bank. This will save or possibly eliminate the transaction fee.
Also keep in mind that all the trains to London take credit or debit cards.
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