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Changing Dollars to Pound at Dallas or Gatewick Airport

Changing Dollars to Pound at Dallas or Gatewick Airport

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Old Apr 11th 2006, 4:04 pm
  #31  
Rog
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Posts: n/a
Default Re: Changing Dollars to Pound at Dallas or Gatewick Airport

"EvelynVogtGamble(Divamanque)" <[email protected]> wrote:
    > I think credit card companies are becoming more and more cautious
    > about possible "identity theft" issues. (A couple of telephone calls to
    > avoid possible problems seems a reasonable precaution, even if it's
    > not strictly necessary.)

I had a Chase card that I used only once for a balance transfer. But
a few months later, a couple of fraudulent out-of-town charges were
made. B4 I knew about them, Chase called to ask if they were legit
and offered to cancel the card. I was impressed.

I've had cards refused in some weird places -- An Am-Ex card at a
rental car counter in Alaska, a MC at a restaurant in Oregon, and a
Visa at the Carlton in Cannes. So, I now carry another bank's card
as a backup. =R=
 
Old Apr 11th 2006, 7:38 pm
  #32  
Martin Rich
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Posts: n/a
Default Re: Changing Dollars to Pound at Dallas or Gatewick Airport

On Tue, 11 Apr 2006 15:44:05 +0100, "Miss L. Toe"
<[email protected]> wrote:

    ><[email protected]> wrote in message

    >> >
    >> So, for two days in England, I guess we should convert about $100
    >> American money. Then use credit cards for other purchases.
    >> Cathy
    >That really depends on how much of things like food and entrance fees are
    >going to be provided for you.
    >100 USD won't go very far in London for two people. It might cover one
    >reasonable meal.

More to the point, two cups of coffee and a couple of pieces of cake
could easily cost 10 USD, and you could use up your cash quickly with
small purchases. Like others, I think that 200 USD would be wiser for
two people over two days

Martin
 
Old Apr 11th 2006, 11:54 pm
  #33  
Bill Lederer
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Posts: n/a
Default Re: Changing Dollars to Pound at Dallas or Gatewick Airport

On Wed, 12 Apr 2006 08:38:13 +0100, Martin Rich <[email protected]>
wrote:

    >On Tue, 11 Apr 2006 15:44:05 +0100, "Miss L. Toe"
    ><[email protected]> wrote:
    >><[email protected]> wrote in message
    >>> >
    >>> So, for two days in England, I guess we should convert about $100
    >>> American money. Then use credit cards for other purchases.
    >>> Cathy
    >>That really depends on how much of things like food and entrance fees are
    >>going to be provided for you.
    >>100 USD won't go very far in London for two people. It might cover one
    >>reasonable meal.
    >More to the point, two cups of coffee and a couple of pieces of cake
    >could easily cost 10 USD, and you could use up your cash quickly with
    >small purchases. Like others, I think that 200 USD would be wiser for
    >two people over two days
    >Martin
I think you're right. With the exchange rate and all. $200 it will be.

Cathy
 
Old Apr 16th 2006, 12:10 pm
  #34  
John Bermont
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Default Re: Changing Dollars to Pound at Dallas or Gatewick Airport

EvelynVogtGamble(Divamanque) wrote:
    > John Bermont wrote:
    > > Before using your ATM for cash withdrawal in Europe ask your bank what
    > > the fee is. Mine and many others charge $5.00 per transaction.
    > So you do without cash because you don't want to pay the
    > fee? Unless you have time to change banks and establish
    > your bona fides with a bank whose fees are lower, I can't
    > see what advantage there is in knowing how much they charge!
    > --
    > NewsGuy.Com 30Gb $9.95 Carry Forward and On Demand Bandwidth


WHAT are YOU talking about?

Read this
    > > Before using your ATM for cash withdrawal in Europe ask your bank what
    > > the fee is. Mine and many others charge $5.00 per transaction.

John Bermont
------------------------------------------------------------------------
* * * Mastering Independent Budget Travel * * *
http://www.enjoy-europe.com/
------------------------------------------------------------------------
 
Old Apr 27th 2006, 3:25 am
  #35  
Jim Garner
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Posts: n/a
Default Re: Changing Dollars to Pound at Dallas or Gatewick Airport

    >>> Greetings! I shall be traveling to UK next month. I shall need
    >>> to convert dollars to pounds. Do the money exchange facilities
    >>> are available at Dallas airport or at Gatewick airport? Any
    >>> suggestions about changing money will be helpful. With thanks.



I have two cheap way of getting foreign currency.

First,. being over 65, I get American Express travellers cheques for
free. I get them in my local (ie Canadian) currency and change them at
the Amex branch wherever I am. Amex gives the best rates on its own
T-cheques.

As a backup, I overpay my Visa account and then draw out an advance from
Visa banks when travelling. There's no commission charge, no interest
payable and a decent exchange rate, which is set by my own local bank.
Don't use the ATM for such a transaction, though, as the foreign bank
usually imposes a $5 international ATM charge.

Watch the British banks. They are a pretty rapacious bunch. I've known
one to charge an account holder a pound to tell her what her balance is.
 
Old Apr 27th 2006, 4:01 am
  #36  
Hatunen
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Posts: n/a
Default Re: Changing Dollars to Pound at Dallas or Gatewick Airport

On 27 Apr 2006 15:25:53 GMT, [email protected] (Jim
Garner) wrote:

    >>>> Greetings! I shall be traveling to UK next month. I shall need
    >>>> to convert dollars to pounds. Do the money exchange facilities
    >>>> are available at Dallas airport or at Gatewick airport? Any
    >>>> suggestions about changing money will be helpful. With thanks.
    >I have two cheap way of getting foreign currency.
    >First,. being over 65, I get American Express travellers cheques for
    >free. I get them in my local (ie Canadian) currency and change them at
    >the Amex branch wherever I am. Amex gives the best rates on its own
    >T-cheques.

You are seriously mistaken if you think AmEx doesn't charge for
the travelers checks. There are two basic ways to make money
exchanging money: (a) charge an overt fee or commission, and (b)
use an exchange rate that adds to the conversion rate, or a
combination of both. It sometimes happens that an agent that
charges commission also charges a reasonable exchange rate that
is favorable to you if you are exchanging large amounts.

Several years ago I checked at the AmEx office in Palo Alto,
California, where I worked. At that time AmEx was using exchange
rates that gave it about 7% of the value of the exchange, not
cheap by any means.

You can find the current nominal, interbank exchange rates at
sites like http://www.oanda.com. Or simply look at the rates the
agency is buying at and selling at; the nominal exchange rate
will the average of the two values.

In my case my credit union charges neither an ATM fee nor an
addtional exchange rate for using my ATM card abroad, maening I
can obtain money from European ATMs for about 1%.

    >As a backup, I overpay my Visa account and then draw out an advance from
    >Visa banks when travelling. There's no commission charge, no interest
    >payable and a decent exchange rate, which is set by my own local bank.
    >Don't use the ATM for such a transaction, though, as the foreign bank
    >usually imposes a $5 international ATM charge.

The Eruopean bank does not charge a 5$ international fee; the
clue is the fact that is is, in fact, $5, not five pounds or five
euros. Your bank is the one charging the 5$ fee, and there are
many banks that do not.

    >Watch the British banks. They are a pretty rapacious bunch. I've known
    >one to charge an account holder a pound to tell her what her balance is.

I don't really care what British banks do to their clients so
long as they don't impose an ATM fee on me.

One does have to be wary of non-bank ATMs in the UK; they are
similar to the ATMs found in convenience stores in North America
and can, indeed, give you the shaft.

************* DAVE HATUNEN ([email protected]) *************
* Tucson Arizona, out where the cacti grow *
* My typos & mispellings are intentional copyright traps *
 
Old Apr 27th 2006, 4:11 am
  #37  
Markku Gr�nroos
Guest
 
Posts: n/a
Default Re: Changing Dollars to Pound at Dallas or Gatewick Airport

"Hatunen" <[email protected]> kirjoitti
viestiss�:[email protected] om...
    > Several years ago I checked at the AmEx office in Palo Alto,
    > California, where I worked. At that time AmEx was using exchange
    > rates that gave it about 7% of the value of the exchange, not
    > cheap by any means.
Many years ago there was an Amex branch office at Vaclav Square (perhaps
still is). They didn't derive any "commission" from cashing cheques.
However, the "rate" was so poor that it paid off to sell their cheques at
Chechoslovakian banks.
 
Old Apr 27th 2006, 4:17 am
  #38  
barney2
Guest
 
Posts: n/a
Default Re: Changing Dollars to Pound at Dallas or Gatewick Airport

In article <[email protected]>, [email protected]
(Hatunen) wrote:

    > One does have to be wary of non-bank ATMs in the UK; they are
    > similar to the ATMs found in convenience stores in North America
    > and can, indeed, give you the shaft.

Indeed. One thing to look out for is a sign on the ATM saying "Free
balance enquiry" or similar - this is a certain indication that nothing
else is going to be free! Increasingly, real bank ATMs say explicitly
(usually on the screen, not the physical unit) that you won't be charged
to withdraw money.

----------------------------------------------
The poster formerly known as [email protected].
 
Old Apr 27th 2006, 5:18 am
  #39  
JohnT
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Posts: n/a
Default Re: Changing Dollars to Pound at Dallas or Gatewick Airport

"Jim Garner" <[email protected]> wrote in message
news:[email protected]...

    > Watch the British banks. They are a pretty rapacious bunch. I've known
    > one to charge an account holder a pound to tell her what her balance is.

Nonsense.

JohnT
 
Old Apr 27th 2006, 7:59 am
  #40  
Keith W
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Posts: n/a
Default Re: Changing Dollars to Pound at Dallas or Gatewick Airport

"Jim Garner" <[email protected]> wrote in message
news:[email protected]...
    >>>> Greetings! I shall be traveling to UK next month. I shall need
    >>>> to convert dollars to pounds. Do the money exchange facilities
    >>>> are available at Dallas airport or at Gatewick airport? Any
    >>>> suggestions about changing money will be helpful. With thanks.
    > I have two cheap way of getting foreign currency.
    > First,. being over 65, I get American Express travellers cheques for
    > free. I get them in my local (ie Canadian) currency and change them at
    > the Amex branch wherever I am. Amex gives the best rates on its own
    > T-cheques.

But a poor rate compared with ATM's


    > As a backup, I overpay my Visa account and then draw out an advance from
    > Visa banks when travelling. There's no commission charge, no interest
    > payable and a decent exchange rate, which is set by my own local bank.
    > Don't use the ATM for such a transaction, though, as the foreign bank
    > usually imposes a $5 international ATM charge.

no UK bank charges $5 for an ATM usage , in fact most UK ATM's
dont levy ANY charge at all and most VISA companies charge
at least 1.5% commision on cash advances.

    > Watch the British banks. They are a pretty rapacious bunch. I've known
    > one to charge an account holder a pound to tell her what her balance is.

I havent paid ANY charges on my UK current (checking) account
for over 20 years. In contrast US banks are sharks

Keith
 
Old Apr 27th 2006, 8:25 am
  #41  
Des Small
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Posts: n/a
Default Re: Changing Dollars to Pound at Dallas or Gatewick Airport

"Keith W" <[email protected]> writes:

    > no UK bank charges $5 for an ATM usage , in fact most UK ATM's
    > dont levy ANY charge at all and most VISA companies charge
    > at least 1.5% commision on cash advances.

Since David H is outta town, I'll deputise: bank ATMs don't charge, as
a very widespread rule to which I'm aware of no exceptions, but the
prolifating free-standing ATM units in convenience stores/corner shops
and pubs do sting you for typically GBP 1.50 a time.

Neo-liberals tend to rejoice in the increase in flexibility and
choice; social democrats tend to be concerned at the social justice
implications of the fact that the charging units are flourishing in
poor neighbourhoods where alternatives are hard (and getting harder)
to find. Touristes, however, are merely advised to stick to
wall-installed ATMs, which should be easy to find in the areas they
typically frequent.

Des
 
Old Apr 27th 2006, 9:53 am
  #42  
Dave Frightens Me
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Posts: n/a
Default Re: Changing Dollars to Pound at Dallas or Gatewick Airport

On Thu, 27 Apr 2006 18:18:13 +0100, "JohnT"
<[email protected]> wrote:

    >"Jim Garner" <[email protected]> wrote in message
    >news:[email protected]...
    >> Watch the British banks. They are a pretty rapacious bunch. I've known
    >> one to charge an account holder a pound to tell her what her balance is.
    >Nonsense.

If you phoned a certain hotline, I could believe it. Silly her.
--
---
DFM - http://www.deepfriedmars.com
---
--
 
Old Apr 27th 2006, 10:18 am
  #43  
Martin
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Posts: n/a
Default Re: Changing Dollars to Pound at Dallas or Gatewick Airport

On Thu, 27 Apr 2006 18:18:13 +0100, "JohnT"
<[email protected]> wrote:

    >"Jim Garner" <[email protected]> wrote in message
    >news:[email protected]...
    >> Watch the British banks. They are a pretty rapacious bunch. I've known
    >> one to charge an account holder a pound to tell her what her balance is.
    >Nonsense.

Yes, a pound is far too little.
--

Martin
 
Old Apr 29th 2006, 7:44 am
  #44  
David Horne
Guest
 
Posts: n/a
Default Re: Changing Dollars to Pound at Dallas or Gatewick Airport

Des Small <[email protected]> wrote:

    > "Keith W" <[email protected]> writes:
    >
    > > no UK bank charges $5 for an ATM usage , in fact most UK ATM's
    > > dont levy ANY charge at all and most VISA companies charge
    > > at least 1.5% commision on cash advances.
    >
    > Since David H is outta town, 'll deputise:

That's very nice of you! David H is indisposed, sipping a martini under
the sunshine in Bryant Park and availing himself of the free wifi there.

    > I bank ATMs don't charge, as
    > a very widespread rule to which I'm aware of no exceptions, but the
    > prolifating free-standing ATM units in convenience stores/corner shops
    > and pubs do sting you for typically GBP 1.50 a time.

The thing is that the fastest growth by far of ATM's in the UK is of the
private, fee-charging kind. I did read a report that they would
out-number free ATM's here by the end of 2006. And people do use them-
it's probably no surprise that someone getting merry in the pub is not
unwilling to fork out �1.50 to get extra cash for the next round.

    > Neo-liberals tend to rejoice in the increase in flexibility and
    > choice; social democrats tend to be concerned at the social justice
    > implications of the fact that the charging units are flourishing in
    > poor neighbourhoods where alternatives are hard (and getting harder)
    > to find. Touristes, however, are merely advised to stick to
    > wall-installed ATMs, which should be easy to find in the areas they
    > typically frequent.

Yes, indeed. On the high street most ATM's will be free.

--
David Horne- http://www.davidhorne.net
usenet (at) davidhorne (dot) co (dot) uk
http://homepage.mac.com/davidhornecomposer http://soundjunction.org
 
Old Apr 29th 2006, 7:57 am
  #45  
Jim Ley
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Posts: n/a
Default Re: Changing Dollars to Pound at Dallas or Gatewick Airport

On Sat, 29 Apr 2006 15:44:06 -0400, [email protected]
(David Horne, _the_ chancellor of the duchy of besses o' th' barn and
prestwich tesco 24h offy) wrote:
    >> Neo-liberals tend to rejoice in the increase in flexibility and
    >> choice; social democrats tend to be concerned at the social justice
    >> implications of the fact that the charging units are flourishing in
    >> poor neighbourhoods where alternatives are hard (and getting harder)
    >> to find. Touristes, however, are merely advised to stick to
    >> wall-installed ATMs, which should be easy to find in the areas they
    >> typically frequent.
    >Yes, indeed. On the high street most ATM's will be free.

Erm, adjacent to the high street maybe, but actually on the high
street they'll almost all be pay, I've never seen one of the pop out
of the ground ones that's free. I also don't understand the pop out
of the ground ones, it's hardly as if they're more convenient. New
Malden has 2 on either side of the road 100 yards from 2 real banks.

Jim.
 


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