Is it better to exchange your money in the US before a trip to the UK, or do it once you get there?

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RedLance

Like one person mentioned. Use credit or debit cards while you are there. You get the best rate that way. I live in the states and traveled to the UK frequently. Your ATM/debit card will work at their atm/switch machines.

largegrasseatingmonster

Either way, it's going to hurt. Only take out a little bit of liquid cash. The rest of your purchases should be made with a Visa check or credit card. You will get the most up to date conversion without paying commissions.

Andrew

Easier to do it when you get there.

phil_maquim

Youre coming here??!!
Lock up the women, batten down the hatches, Robs on his way!!....

favrd1

I would take some with you for immediate needs such as taxi, food, etc. Once you're there you can exchange more, however, never use a credit card overseas....they kill you on the exchange rate.

gonefishin

Been there, done that. I travel internationally for work, in Russia right now. Hold your money until you get there then go to a bank in a major city. Rates change hourly in most of them but right now the USD $ is weak against the UK ВЈ. Money changers at airports charge up to 5% to change your money. You can expect to pay $1.75 to the Bristish pound.

Stewart H

Get a little cash before you go. Take travelers checks with you but try to pay mostly by credit card.

If you buy any large items while you are there that you intend bringing home, reclain the tax at the airport. At nearly 20% tax you can save a bunch of money.

lynn

Tha rates fluctuate, so I would wait until I got there & exchange only the amount needed at the time.
I'm assuming the $ is worth more than UK's currency.

Andrew

do it when you get there

catherine02116

I usually exchange about $100 into the local currency, before I leave home. Getting it in various denominations is a good idea. It comes in handy for small purchases <something cold to drink, for instance> and for cab/tube fares and tipping the bellboy at hotel, upon arrival!

As has been stated earlier, using a credit card is the smartest way to go. Not only is it safer <from theft or loss>, but the exchange rate on your bill will be the same that international banks get.

As for additional cash, while you are there. There are ATM's all over the place--just like here in America. Be sure that your American Bank has a reciprocal agreement with banks in the UK, so you can take out money, as you need it there. There is usually a small fee, but the exchange rates are MUCH better than Thomas Cook, for example.

As a side note, if your PIN has any zero's in the number, better change it before you go. ATM machines in the UK, for the most part, use a 9 numbered keypad. Likewise, if your PIN is alpha-numeric, memorize which number is related to the letter. Letters will not be indicated on the ATM there.

Bon Voyage!

JaMoke

Before, at a large branch bank. The airport exchangers are way more expensive.

Do a little research by calling around until you get the best deal. It is worth your time and money.

Josh T

do it now and save yourself a possible hastle is my advice.

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