get your money sorted with Starling Bank
- Starling Bank is a great option for travelling abroad
- Order now and it can arrive within 3 business days
- No ATM fees
- No transaction fees
Read on to find out more about what the Post Office has to offer, and whether it might be the right option for your holiday cash.
Good for any potential traveller to bear in mind, though, is that while the traditional way of getting travel money is all well and good, there’s a range of digital apps that can make the process even simpler such as Starling, Revolut and N26. If these new age solutions float your boat, you can read our guide to learn more about them. For the best way to get travel money from the Post Office, though, stay right here for all the info.
The Post Office has three solutions for people looking to take their money abroad.
If you’re going to select the Foreign Currency travel money option, you’ll have access to up to 80 currencies.
There are some notable absentees from that list, however. This is usually due to restriction on the currency which prevent them being bought and sold.
A minimum online order is £400. The maximum order is £2,500.
When you place an order with the Post Office, you can select the collection/delivery date of your choice. While there is an option is available to get currency on the same day, this isn’t guaranteed (because local branches might not have the right amount of currency requested.)
If it’s not possible to get same day delivery in your local branch, the branch won’t be displayed in the drop-down list. You’ll instead be offered a home or branch delivery service which is available next working day – provided you order before 3pm.
When it comes to online transactions with the Post Office, you can rest knowing that it’s an extremely safe option for travel money.
Compared to other, newer travel money sites, the Post Office is not really likely to go bust or be unable to pay you compensation if things go wrong.
If you cancel your order, you will incur a £20 cancellation fee.
As for the Travel Money card, there is a £5 charge for closing the account. If you choose not to close the account, you’ll be charged £2 a month – starting 12 months after your account has expired. There’s also a fee for withdrawal. This will be in the local currency, usually equivalent to roughly £1 or £2.
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