Exchange rate 1075

User Rating: 5 / 5

Star ActiveStar ActiveStar ActiveStar ActiveStar Active
 

stags in BenidormThe uncertainty of Brexit has created confusion and fear, with some even putting off booking their holidays. However, despite this the resort still appears pretty busy, especially at the weekends, with the Stag & Hen season now upon us… and where would many of the bars be without their business – probably closed!


But the age old question of where to change your pounds to euros remains – before you leave or in the resort. According to a report, holidaymakers are at risk of losing a staggering £14.5 billion on foreign exchange transactions because of unfair and often extortionate charges made at exchange bureaus.

ATM in BenidormOne popular way to take your hard-earned money abroad is using a pre-paid debit card such as Revolut which also allows you to withdraw up to €200 a month abroad from an ATM for free. You can obviously do the same using your UK debit card from any ATM here in Benidorm and you'll find several on every street corner here - plus increasingly cropping up in bars too, but will be hit with bank charges and a less favourable rate.


Rip off bureauA big no-no is to never change it at the airport, whether in the UK or especially here at Alicante. What many do is go to one of the many exchange bureaus’ here in the resort and there are certainly plenty of those around. But a warning, there are a number of unscrupulous ones here too, which you sadly hear about after someone has been fleeced!

sml printThe boards outside will offer one rate, but in small print at the bottom, which many do not see, will state that the rate is when exchanging a minimum amount, often at least £1,000 or in some cases, £2,00 like the one next to the Sol Pelicanos hotel. Once you hand over your £’s it’s too late and sadly there is very little that the police can do as they will point out it was advertised.

Indoor marketSo many holidaymakers have had awful experiences at that one in particular when all they need to have done was walk 100 metres up to the indoor market and visit Tony’s or Sheila’s who have been around for years. There is no minimum required to get the advertised rate and in fact, you even get slightly more if changing over £1,000 in one go.

Comments  

+1 #1 Ann Beddow 2019-03-27 13:07
Always use the indoor market exchange shops
Quote | Report to administrator

Add comment

Security code
Refresh

Quote of the day

Rain is one thing the British do better than anybody else

Latest Comments

  • No reservation - No entry onto beach

    Victoria Louise 15.07.2020 10:43
    I'm coming end of September so want to be all prepared. Can't wait to be back.
     
  • No reservation - No entry onto beach

    Maureen MacLeod 15.07.2020 10:42
    Yeah forget it,nothing relaxing about this,too much stress you will need another holiday to get over ...
     
  • No reservation - No entry onto beach

    Adam Graham 15.07.2020 10:40
    It’s a little price to pay to get away I say! Is there any wonder they want people to book after ...

BENIDORM IS BACK OPEN!

Remember to always have a mask with you when going out.

ALSA Airport bus - Operating a reduced service to the resort

Benidorm Palace - Re Opens Friday, August 7th but only 2 shows a week Fri & Sat night

 

Cigarette Prices

  (per carton)

B&H 50.00€
Camel 47.00€
Embassy 50.00€
JPS 44.50€
L&B 48.50€
Marlboro 50.00€
Mayfair 45.00€
Silk Cut 50.00€

Tobacco 50gm x10

Golden Virginia 89.50€
Old Holborn 90€

mumsnet

What People Say

  • Upto date news and reports on things we have seen featured on tv

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9