sab: (btvs >> i hate being poor)
[personal profile] sab
Okay so the pound just went up another 2/10 of a cent last week and will probably be even higher on Monday... dear people in the finance business ([livejournal.com profile] jeviltwin, [livejournal.com profile] qowf, [livejournal.com profile] boxmint??? Etc???): where is the best place for me to purchase pounds? Based on supply/demand I would assume it's less expensive to buy pounds in the UK -- if Friday the rate was 1 pound/$2.01, how bad's it going to be this coming Friday? Am I better off purchasing pounds earlier in the week? Etc etc.

Date: 2008-07-20 10:54 pm (UTC)
From: [identity profile] jalfred.livejournal.com
This is general advice in getting foreign currency:

The best exchange rate you're going to get at a retail level is generally directly via a credit card, either through a cash advance or buying AmEx travellers checks. I wouldn't do a lot of credit transactions, and check what fees they're going to tack on, but they still generally have slightly better rates than a local bank or currency exchange because of volume.

I am a dork.

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