Tourist Traps in London: Money and Money Exchange
London is the capital of Great Britain and a dynamic city. Don’t waste time while you’re here, exchange your money before your trip.
Bureau de change
If you need more money, be mindful of commission fees. Thomas Cook, a London based travel company, will exchange your currency, but charges 9% commission. Before you get this desperate, head to a bureau de change office. They offer fair exchange rates and don’t charge commission. You’ll find these throughout London, including some Marks and Spencer department store locations. Before you head to London, map out the exchange offices near your hotel.
ATM
If you need money fast, find an ATM. Rumor has it the High Street Bank ATMs don’t charge a service fee, but don’t expect this everywhere. Don’t be surprised if you have to pay a little extra to withdraw cash in London. However, keep in mind that ATM fees are often cheaper than what you’ll see at a travel agency.
Online Options
Many companies advertise online exchange services, but this is risky. Travelex has a questionable reputation and has been accused of sending the wrong amount of money and charging excessive fees. Transferwise may be more reliable, but it’s difficult to say they’re 100% trustworthy. Before you leave, talk to your bank. They will help you get the best exchange rate possible.
Editor’s Note: The information contained on this page was compiled using real traveler reviews about tourist traps in London, money and money exchange.
We hand-pick everything we recommend and select items through testing and reviews. Some products are sent to us free of charge with no incentive to offer a favorable review. We offer our unbiased opinions and do not accept compensation to review products. All items are in stock and prices are accurate at the time of publication. If you buy something through our links, we may earn a commission.
Related
Top Fares From
Today's Top Travel Deals
Brought to you by ShermansTravel
9-Night Seoul, Hong Kong & Tokyo...
Exoticca
vacation $3099+16-Night Hawaiian Islands Cruise Over Christmas...
Princess Cruises
cruise $1579+Ohio: Daily Car Rentals from Cincinnati
85OFF.com
Car Rental $19+