MyTravelMoney.co.uk Mystery Shop
|£600 worth of €uros||Exchange Rate||Amount of €||Mid Market Rate||% Margin applied by provider|
|Travel FX - Online||1.234||741.694||1.258||1.871|
|Moneycorp - Online||1.233||741.033||1.258||1.958|
|Icici - Online||1.232||740.552||1.258||2.022|
|Lloyds - Highstreet||1.187||713.627||1.258||5.584|
|Barclay's - High Street||1.184||711.584||1.258||5.855|
|Moneycorp - Gatwick||1.131||679.911||1.258||10.045|
|Travelex - Heathrow||1.125||676.185||1.258||10.538|
MyTravelMoney Mystery Shop data is collected in real time on August 12th from 10:45am-11:15am
- Don’t waste your time on line at the airport bureaus and lose out on poor exchange rates, shop around online.
- Anytime you read ‘No Fees’ or ‘0% Commission’ remember it’s a scam!
- Online currency specialists offer you the opportunity to compare rates and be smart with your money.
- Banks and airport bureaus have markups as high as 10%, outrageous.
Co-Founder at MyTravelMoney, Daniel Abrahams, comments:
“Using an online currency specialist is the best way to go. Specialists give you transparency and control over your holiday money and charge as low as 1%. Why waste your money with fees as high as 10% when you could have more money in your wallet for your holiday. Compare your options and be smart!”
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