Buy Euros Online
The Internet is used to buy and a whole load of goods and foreign currency is no exception. Many people are simply not aware that they can buy currency online and often at a rate much more favourable than high street competitors. This page is a quick yet comprehensive guide to ordering money on the Internet.
And of course, the advantage of buying your Euros on the web is that you can shop around and make sure you get a great rate, thus ensuring you have more cash in your pocket and get maximum enjoyment when on holiday! Our Online Shopping Guide to buying Euro’s online follows below.
How Can I Buy Euros Online?
It really is very easy to do!
- First of all, check out a couple of sites, we list some suggestions below including some sites that we have used ourselves and some recommendations from our readers.
- Investigate the rates. You will find that online exchange rates are above the headline market currency rates listed on financial websites, but this is because these companies build in a small margin so that they can make a profit from the transaction. However the rates that you will see are usually better than high street stores.
- Place your order. In some cases the cash will then be delivered to you, in other you will be required to pick up the money yourself.
Online Currency Exchange Sites
Here are some suggestions for you to check out:
- Best Exchange
- Thomas Exchange
- Interchange FX
- No1 Currency
- Travelex
- Thomas Cook
- Post Office Online
- Marks and Spencer
- Natwest
- HSBC
- Easy Jet
- Co-op
- Nationwide
Note: Foreign exchange outlets are poorly regulated so take care and read through sites carefully, we cannot help if any problems occur. Make sure you understand the site fully and take the time to go through the details of your transaction.
Online Currency Buying Help
- When is the best time to buy Euros online? Don’t leave it to the last minute. Ordering and delivery can take some time depending on the store that you use, so investigate well in advance of your travel date. The later you leave it the less choice you will eventually have.
- How can I get the Best Exchange Rate? If you do start investigating the best rates early on then you can track fluctuations in the market rate. If it looks like prices have peaked you might be able to wait and see if prices move in your favour. Of course, no one knows which way the markets will move next so monitor movements carefully!
- Is it worth Shopping around? Absolutely! Rates can vary widely between different stores, by shopping online you can quickly and easily check a variety of outlets from the comfort of your own desk!
- Where is the best place to buy Euros? Online, on the High Street or at the Airport? Buying online will normally give you the best rate and will allow you to shop around easily. High street shops might be able to give you a good rate but you will have less choice, try to avoid buying at the last minute as airport rates are the least likely to be favourable!
- Can I Really get a Commission Free Deal? Yes and No. Yes, many services will not charge a fixed fee, but they will build a profit into the transaction through the difference in the exchange rate they get and the one they offer you. They buy low, and sell high!
- Where is the Best Place to Sell Left Over Holiday Money? Again, shop around. It is no different to buying currency in the first place.