The cost of skiing

Finn wrote:Travelmoneyservices & other pre-order sites are currently offering 1.13 euro to the pound for December & January delivery. Probably the best
deal around at the moment, just ordered mine in an effort to keep the overall cost of the holiday down.

Finn

Monies delivered today on time & everything in order. Can recommend TMS, very good service. :thumbup:

Finn

Finn,
Well done. That was a great deal :D. I've just paid for our ski-ing lessons with my Visa card and I only got 1.075 euros to the pound, and the cheapest rate I can get in town for cash is from Thomsons and they were 1.065 on Friday.

Ally

AllyG wrote:Finn,
Well done. That was a great deal :D. I've just paid for our ski-ing lessons with my Visa card and I only got 1.075 euros to the pound, and the cheapest rate I can get in town for cash is from Thomsons and they were 1.065 on Friday.

Ally

Ally, they are currently offering a rate of 1.12 for January delivery & a 1.15 for February.
I ordered half cash & half in euro travellers cheques. I believe you don't pay commission on the euro TC when exchanging in resort.

Finn

Finn,
I would be a bit worried about losing my money, if I used them. This is what the Investors Chronicle had to say about the company - Crown Holdings (London) Ltd in September.

http://www.investorschronicle.co.uk/Columnists/NoFreeLunch/article/20090909/0873f056-9d2e-11de-b65c-0015171400aa/When-segregation-is-good.jsp

Presumably one has to pay upfront for delivery later?

I had a nasty fright when the London Scottish bank went bust, as I had money with them, but fortunately we got it all back from the Financial Services Compensation Scheme, including interest. However, I don't think the FSCS would cover this sort of transaction.

Ally

See where your coming from Ally, once bitten and all that. Got to be honest I never gave any consideration to what would happen in the event of another banking crisis. I would say preordering your cash onto one of those post office style travellers debit cards would be the safest.

Finn

Finn,
What I usually do is take about £100 in euros with me, and two different Visa debit cards (in case something goes wrong with one of them!). I have thought about using the post office card, but so far I never have.

I use my card in the shops etc. for large items and the cash if I'm buying something small like a hot chocolate. And if I need any more euros I get them out with the ATM. I don't know what other people have to pay, but with my card I think I only have to pay a £1 foreign transaction charge, and the currency exchange rates always seem to be a couple of percent better then the post office rates.

That company does offer very tempting exchange rates but I think I'd only worry about it if I used them. Thanks for telling us about it.

Ally