In a world of instantaneous clicks and swipes, trudging down to the shops might seem like an antiquated way to pick up some cash. But collecting in store is not without its benefits. Here’s a list of possible advantages to collecting your cash before you go on holiday:
Lock in the online exchange rate. Most companies will allow you to fix the exchange rate on the day you reserve when collecting on the same day, this gives you an opportunity to avoid a fluctuation in the rate, saving money.
Collect your currency on the day of your choice. This makes things pretty easy for organising your pre-trip errands.
Collect at a variety of locations. It shouldn’t be too inconvenient or out of the way, because most companies have local branches across the UK.
Sometimes the quickest method. Some companies allow same-day delivery, so if you’re on top of things collecting your travel money can be the quickest solution.
Charlie Barton is a publisher at Finder. He specialises in banking and investments products, including banking apps, current accounts, share-dealing platforms and stocks and shares ISAs. Charlie has a first-class degree from the London School of Economics, and in his spare time enjoys long walks on the beach.
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