Where to exchange Euros(EUR) to Pounds(GBP) near Frankfurt or in Edinburgh
I'm planning a trip to Scotland and I want to know where would be the best place to exchange British Pounds (GBP). I think that the exchange rates at the airports are not good, so my options are the Frankfurt/Rhine-Main Metropolitan Region and Edinburgh. Where can I get a better rate - bank or exchange shop?
EDIT I have no credit card, only V PAY card (Postbank Germany) which I can't use in the UK. The ATM usage fee would be 1%
Best Answer
I have no credit card, only V PAY card which I can't use in the UK.
This is not true. You can use V PAY in UK.
You can use it in shops having their payments handled by some of popular banks:
[...] banks listed below are already able to offer V PAY to their merchants:
United Kingdon: Barclays, HSBC, HBoS, AIB
source: http://www.vpay.com/merchants.html
Besides that, you can use the card in these banks' ATMs.
As a side note, V PAY is designed to work in whole of SEPA, which is far broader than Eurozone.
SEPA consists of the 27 EU member states, the four members of the EFTA (Iceland, Liechtenstein, Norway and Switzerland) and Monaco
See also: Should I change most of my money in my home country or in the destination country?
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Where can I exchange euros to pounds?
If you want to exchange euros for pounds or pounds for euros, you can do this at a bank or a foreign exchange desk, either in situ or online. The exchange rate you will be offered will depend on the official euro-pound date that day, and also the gain margin and the commission applied to the transaction.Do German banks do currency exchange?
Currency in Germany Germany won't accept Deutsche Marks as valid currency any longer, but you can exchange them into Euros at Bundesbank (the German Central Bank) branches or by mail.Where can you exchange German money?
You can exchange your foreign currency and travelers' checks at German banks or exchange bureaux (called Wechselstube or Geldwechsel in German). They are not as common as they once were, but can still be found at airports, railway stations, and even major hotels.What is a good exchange rate for euros to pounds?
Compare Travel Money: Best EUR Tourist Exchange RatesCurrency SupplierBest Tourist Rate\xa3500 in EUR*Currency Online Group1 GBP = 1.1485 EUR574.25Eurochange1 GBP = 1.1443 EUR572.15Thomas Exchange Global1 GBP = 1.1440 EUR572The Post Office1 GBP = 1.1435 EUR571.756 more rowsEuro to pound l pound to euro l euro to gbp l euro to british pound exchange rate | 1000 gbp to eur
More answers regarding where to exchange Euros(EUR) to Pounds(GBP) near Frankfurt or in Edinburgh
Answer 2
Depending on your bank it might be the cheapest to use an ATM in the UK. Look up what they charge you for a) using ATMs that are not their own and b) purchases made in foreign currencies.
Answer 3
If you have a little time you may simply try walking into a bank and ask whether they can change your cash. British Pounds should be available in every bank without preordering them.
If you're lucky they won't charge you any fees. A few years ago this worked perfectly for me.
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