London, UK (PRWEB UK) 11 July 2014 -- This summer, travellers from UK will experience a bargain as the British Pound strengthened compared to Euro and US Dollar. On 18th June, Mail Online reported that the British pound is floating at a five year high and travelling overseas will be 10% cheaper compared to last summer.
According to the currency specialists BestForeignExchange.com, many outbound travellers are getting this benefit by buying their travel money well in advance when the exchange rate is in their favour.
“This is an extra bonus of $50 or €40 for travel money worth £500 which will add some additional comfort during the overseas stay,” stated Trevor Samuel of BestForeignExchange.com.
According to TravelMoneyMax.com, a comparison service, the best deal for £500-worth of Euros is €624 and US Dollars is $850 with BestForeignExchange.com on Friday, the 4th of July, handing travellers additional travel money compared to the end of April.
BestForeignExchange.com, the online arm of Thomas Exchange Global Ltd, has found that a lot of its customers are seeing this benefit when they exchange British pounds into numerous foreign currencies.
“21 currencies including East Caribbean Dollars, Hong Kong Dollars and UAE Dirham are pegged to the US dollar. This means the benefit of the upward exchange rate movement is extended to popular destinations such as Dubai, Abu Dhabi, Saint Lucia, Antigua and Kingston,” concluded Trevor.
However these attractive exchange rates are not offered to customers in some instances especially at airports and when using bank cards where charges are applicable.
About BestForeignExchange.com
Owned and operated by Thomas Exchange Global, BestForeignExchange.com offers the most competitive exchange rates in London and customers that reserve currencies online will be assured the same exchange rate until close of business on the particular day despite any adverse fluctuations. They stock the widest range of foreign currencies in London with over 120 types of foreign bank notes. All foreign currency buy/sell transactions are free of any commission or charges.
Thomas Exchange Global also offers International Money Transfer Service where funds can be remitted to overseas bank accounts within 1 to 2 days. With commission free service for transfers over £10,000 backed by competitive exchange rates, customers are assured of a better deal and a substantial saving compared to banks and money brokers. Thomas Exchange Global branches are located at Strand, Victoria Street, Liverpool Street, Hammersmith, Cannon Street and Wormwood Street.
For further details visit http://www.thomasexchangeglobal.co.uk or call 020 7240 1214.
Rasika Dissanayake, Thomas Exchange Global, http://www.bestforeignexchange.com, +44 2072401214, rasika@tegforex.co.uk
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