FAQs - Pound Sterling - Euro exchange
Do you want to change your Pound Sterling into Euro but still have doubts? Find your answers here or else contact us, we are ready to help!
1) What is the exchange rate from Pound Sterling to Euro? Currency exchange rates fluctuate and change daily. You can check today's exchange rate on this website or at any of our UK offices. However, you can book your currency online with collection at Bristol and London airports or St Pancras Eurostar station, it is always better to book online and collect and pay on the day you travel.
2) Will I be charged a commission for changing my Pound Sterling into Euro? We currently do not charge any service fees for any of our currency exchange transactions in United Kingdom. Remember that placing an online reservation saves you time and money.
3) Do I get the same Pound Sterling to Euro exchange rate in this website or in any of your branches? No, the exchange rate we offer on our website is different from the rate we offer in our branches.
Remember that by ordering online you will pay your online reservation directly at the airport, the day you travel.
If the day you collect your order in our branches the exchange rate offered there is better than the rate on which you ordered your money, we will apply the most favourable rate for you.
4) Where can I collect the Euro I ordered online? After placing your online order, you'll be able to collect it and pay for it at any of our branches in United Kingdom. Besides getting the best exchange rate for your online exchange (more travel cash for the same price), this service allows you to save time and reduce anxiety, as you will have the currency you need ready for your trip abroad.
5) Why does the Pound Sterling to euro exchange rate seem cheaper and more attractive in the Internet than in exchange businesses, including Global Exchange? The exchange rates shown in Internet currency converters are for currency wholesalers (foreign exchange transactions for financial and international trade companies), not for the public. Those cheaper rates are for the foreign exchange operations (FX market), not for currency exchange operations cash-to-cash.
6) What is the difference between foreign exchange and currency exchange? Foreign exchange (Forex or FX, for short) is the market that establishes the value of the currencies in which international transactions will be performed, at a wholesale level. Currency exchange, on the other hand, is the market in which individual currencies are sold in retail on a certain price depending on demand. Currency exchange entails cash transactions, thus adding logistic costs, and therefore their exchange rates are somewhat "worse" than the Forex rates, which only move money between accounts.
7) What is the difference of changing my Pound Sterling to Euro with you or at a bank? Banks charge a margin plus a fee and in addition, it may be necessary to go to the bank up to twice: first to order and then to pick up your currency. At Global Exchange you can order online and pick up and pay for your currency at the airport.
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