Hays Travel, good news

[DixieRoy]

Went there this morning to buy some euros, very pleasant young lady, and a really smooth transaction.
The surprise came when she habded over my euros, if you have any left when you come home, we will buy them back at the same rate at which we sold them to you.
Now that is excellent, as the other companies and the post office do not do that, in fact you lose about twenty per cent on the transaction.
Hays Travel every time for me now if buying currency.

[Derek H]

Went there this morning to buy some euros, very pleasant young lady, and a really smooth transaction.
The surprise came when she habded over my euros, if you have any left when you come home, we will buy them back at the same rate at which we sold them to you.
Now that is excellent, as the other companies and the post office do not do that, in fact you lose about twenty per cent on the transaction.
Hays Travel every time for me now if buying currency.

I see the benefits, but the costs have to be met somewhere and somehow. They carry, inter alia, the interest loss that comes from having to hold a fair amount of Euro notes on hand at any time. The bear the risk of any decline in the value of their holdings of Euros (albeit they also have a chance of a profit if the Euro increases in value vis-a-vis Sterling). They bear the costs of making the actual exchanges, minimal as they might be. But they all add up. Somewhere, these costs and risks have to be added into their operating expenses. Either in the exchange rate offered or in the cost of other services. I don't know the company, or how small large it is. But having spent most of my working life in the international division of a bank, I have had to make such calculations when suggestions have been raised as the charges the bank had to apply to exchange services for notes.

[Hamble]

Went there this morning to buy some euros, very pleasant young lady, and a really smooth transaction.
The surprise came when she habded over my euros, if you have any left when you come home, we will buy them back at the same rate at which we sold them to you.
Now that is excellent, as the other companies and the post office do not do that, in fact you lose about twenty per cent on the transaction.
Hays Travel every time for me now if buying currency.

Would you take the euro's back or keep for next hols?

[DixieRoy]

Would you take the euro's back or keep for next hols?

Passports run out in autumn, may not renew so probably cash them in.

[Hamble]

Passports run out in autumn, may not renew so probably cash them in.

You can not give up on passports old bean
I mean to renew in an emergency would be such a stress.

One just never knows if the need would arise when other family members are skipping off left right and centre.