E20 Note to Pounds?

Money, investing, mutuals etc
planteria
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E20 Note to Pounds?

Post by planteria » Tue Nov 22, 2016 8:03 pm

a relation has sent us a 20Euro note in the post, to put into our little boy's investment account.
what is the best way to convert it into pounds to contribute to his JISA? just put it into my own current account and write a cheque for the value? exchange at the Post Office? exchange at M&S?
i know it's not a lot of money, but we'd like to be able to show the right amounts from various people on the statement :angel:
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pabenny
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Re: E20 Note to Pounds?

Post by pabenny » Wed Nov 23, 2016 7:56 am

Pay the equivalent into his account and hold the note until you either travel to Europe or can sell it to someone who is travelling.

If you really don't want to hold it, some large stores (eg M&S, Selfridges) in large cities (London, possibly Birmingham) accept Euro cash for payment.
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Re: E20 Note to Pounds?

Post by planteria » Wed Nov 23, 2016 9:27 am

fair suggestion.. i'm actually in Holland next week.. but on previous form i won't need cash for anything.

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Re: E20 Note to Pounds?

Post by pabenny » Thu Nov 24, 2016 7:36 am

When I travelled regularly to the Netherlands, I often brought home cut flowers.

Florists are generally excellent, flowers fresher and better value than here. There are often good florists at railway stations and they will fold the paper over the blooms to protect them in transit if you ask. If you're flying the landside florists at Schiphol always used to be cheaper than the airside one.
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Re: E20 Note to Pounds?

Post by planteria » Thu Nov 24, 2016 9:24 am

an interesting idea pabenny - with our business we tend to do ok for flowers though :thumbup:

it's done. E20.00>£15.85[HSBC]>£15.85[George'sFFJISA] :angel:

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Re: E20 Note to Pounds?

Post by macliam » Thu Nov 24, 2016 9:56 am

planteria wrote:an interesting idea pabenny - with our business we tend to do ok for flowers though :thumbup:

it's done. E20.00>£15.85[HSBC]>£15.85[George'sFFJISA] :angel:
According to the converter I use (http://www.guianet.pt/pt/cambios/conversor) when transferring money to Portugal (i.e. the actual ECB rate, not "massaged" by a UK bank's buy/sell ratio), the conversion this morning for €20 is £17.08, so I think your conversion is on the low side...... ;)

If I could buy €20 for under £16, I'd be a happy bunny! :D
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Re: E20 Note to Pounds?

Post by planteria » Thu Nov 24, 2016 10:41 am

i'm sure you're right mac, but i just needed a reasonable way to do it.

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