Switch

Best Currency Exchange Rates – London

In this article we show you how to save money if you find yourself looking for Foreign Cash in London.

London is a diverse and multifaceted city with something to offer everyone. Whether you are visiting as a tourist or over on business, you will want to be prepared for your trip and ready with some british pounds in your wallet.

In the bricks and mortar, established, tourist attractions such as Buckingham Palace, Westminister Abbey, and the Tower of London, you’ll have no problems using a topped up travel card or credit card. However, there are some areas such as the unique Notting Hill and Camden markets where you are better off carrying cash and positioning yourself on the ready for some haggling.

Ordering your foreign cash online from Travelex for delivery or if you’re in a rush then picking up the cash at a Travelex branch is your best bet for convenience and getting more for your currency.

You will find that you can save a couple of percent on the exchange rate margin by pre-ordering your cash. Our Review of Travelex exchange rates includes the following table that shows you an example of how much you can save online vs buying your cash at the airport.

 

Currency Online Rate Airport Rate Online Saving
USD 1.2769 1.2385 3.1%
EUR 1.0968 1.0556 3.9%
AUD 1.7198 1.6537 4.0%
JPY 139.0441 132.1712 5.2%
Travelex Online vs Airport (GBP exchange rates were valid for 2nd August 2018)

London Currency Exchange Locations

 

Travelex Currency Exchange Rates vs the Banks

The below live travel money comparison table shows how much you could save on your next foreign transfer or travel money purchase by ordering online vs the Average Bank Rate. This example shows you the situation where you want to change sterling for foreign cash, note the margins are compared to the current market mid-rate.

 
Provider ReviewAmount EUR(€)Exchange RateFee GBPDeal Links
Travelex Online
1,080.2
2.39%
1.0802£0^
Citibank logo
Citibank
1,039.28
6.08%
€41 less
1.051912
Santander logo
Santander
1,030.79
6.85%
€49 less
1.0412£10.00
Banks - Average Rate
Citibank logo Santander logo Lloyds TSB logo Natwest Bank logo
1,029
7.01%
€51 less
1.043915
Natwest Bank logo
Natwest Bank
1,025.58
7.32%
€55 less
1.041215
Lloyds TSB logo
Lloyds TSB
1,020.38
7.79%
€60 less
1.041220
Travelex Online
 
loading
Travelex Online: Travel Money GBP→EUR
From Amount (GBP)£1,000
Fee:£0 - No fees for Debit & Credit Cards
Exchange Rate:1.0802 (-2.39% from mid-rate)
To Amount (EUR)1,080.2
Total Cost:2.39%
Time:
Rate Fetched: Fri Aug 07 2020 11:15:03 GMT+0000 (UTC)
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Review:


Citibank
 
loading
Citibank: Travel Money GBP→EUR
From Amount (GBP)£1,000
Fee:12
Exchange Rate:1.0519 (-4.94% from mid-rate)
To Amount (EUR)1,039.28
Total Cost:6.08%
Time:11:29 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Review:


Santander
 
loading
Santander: Travel Money GBP→EUR
From Amount (GBP)£1,000
Fee:£10.00 GBP (1%)
Exchange Rate:1.0412 (-5.91% from mid-rate)
To Amount (EUR)1,030.79
Total Cost:6.85%
Time:11:29 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2/5.0
Review:


Banks - Average Rate
 
loading
Travel Money GBP→EUR
From Amount (GBP)£1,000
Fee:15
Exchange Rate:1.0412 (-5.91% from mid-rate)
To Amount (EUR)1,029
Total Cost:7.01%
Currency Services:Branch
Delivery/Collect:-


Natwest Bank
 
loading
Natwest Bank: Travel Money GBP→EUR
From Amount (GBP)£1,000
Fee:15
Exchange Rate:1.0412 (-5.91% from mid-rate)
To Amount (EUR)1,025.58
Total Cost:7.32%
Time:11:29 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Review:


Lloyds TSB
 
loading
Lloyds TSB: Travel Money GBP→EUR
From Amount (GBP)£1,000
Fee:20
Exchange Rate:1.0412 (-5.91% from mid-rate)
To Amount (EUR)1,020.38
Total Cost:7.79%
Time:11:29 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Review:


 
loading
Snapshot 08/07/2020 - View live rates
Travelex currency exchange rates vs bank average
 

 

Pre-Order Foreign Cash & Save

Travelex logo

Order travel money online

Get better rates than available to you by walking into Travelex branches by pre-ordering online from Travelex, you can still pick up in person at any Travelex branch or at the airport.


Please note that the opinions of our authors are their own and do not reflect the opinion of Best Exchange Rates and should not be taken as a reference to buy or sell any financial product.