What's the best thing to do regarding money ?

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What's the best thing to do regarding money ?

Postby Azz » 22 Aug 2007 10:56

Hmm, i'm not quite sure what to do with regards to the money, is it better to take sterling travellers cheques, british cash, turkish lira, or withdraw it from the cash machine ? its quite confusing really and looking at a few different exchange rates offered by various places it can make quite alot off difference ? Also does anybody know how much you get to the pound when you're actually in icmeler ?


Cheers guys ! :)
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Postby juneflo » 22 Aug 2007 11:14

Hi Azz,
exchange rate is around 2.5 to the £ - you can check the fluctuation on the internet - search for currency rates, you can also find a currency conversion which is useful to have on you. I think money is a personal thing and regular visitors to Turkey know how they will spend and the cost of things - new visitors have to plan for everything. Some people take all cash - I wouldn't walk round with a lot of cash on me anywhere let alone on holiday.

You can use sterling, euros, turkish lira in most places -even the small shops and bars/restaurants have started exchangng traveller's cheques so you can't really go wrong. Exchange rate will change daily so I would take some lira with you to start you off - then you can choose when to change and get the best rate.

My son works in a bank so I take my advice from him (he's been to Turkey several times too). I take £50 worth of Turkish lira, then traveller's cheques (in £50's) and sterling £10 or £20 notes. I take my bank card too. Lira is to start me off and to get some basics at the stop on the transfer - might be useful for you with little ones if you're travelling at night - though be aware prices are higher than in resort.

As more places are exchanging travellers cheques, there's more competition so more doing commission free. Sterling is useful in the market, you'll hear "4 for a tenner" though you can use euros/lira there too. I've used cashpoints several times - there's a clump of them in the centre - on the road down to the beach opposite Friends.

As I said I think it's a personal choice but hope this helps.
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Postby Lynn m » 22 Aug 2007 11:19

Hi Azz

Everyone has their own opinion on whats the best way to take spending money.

Its what you feel more comfortable with if you prefer to use ATM then use them there are plent in Icmeler (charges may apply) if you decided on travellers cheques you will have no problem cashing them get Sterling not Euro's. If you take £sterling please make sure you get a safety deposit box.

Rate was around 2.50 - 255 ytl
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Postby hans120 » 22 Aug 2007 12:29

we allways take lira with us,but we never carry it all around with us.we just take the amount we need for the day each day :)
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Postby Azz » 22 Aug 2007 13:58

cheers guys, yeah i have enough lira to see me us through the fist day or so, i think the rest i will take half eng cash and half t.cheques, plus bank cars if nececary. I just didn't want to do the wrong thing and end up losing out ! Thanks ! :)
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Postby Jula » 22 Aug 2007 15:31

Can anyone tell me what the rate is just now in Icmeler?
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Postby helsby » 22 Aug 2007 16:35

if you use the same shop regular they will give you a better rate......appts i was staying in gave me 2.4ytl :evil: the shop opps 2.62ytl :lol: :lol: :lol: although i did spoil the shops dog rotten :P ...ask the question and try for a better rate.....no harm :) and i'm sure they will haggle with you.

good luck and enjoy
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Postby sophie » 22 Aug 2007 20:23

Hi Ya Azz, sounds like from the reply's everyone does their own thing. We have been to Icmeler 6 times now and I think you do what you feel is best for yourself. We never take travellers cheq's. Like you said just enough Turkish Lira to see you through perhaps the first day plus we also do take perhaps £300 english. Its nice to have a bit of english money cause so many shops take it. Then we tend to use the ATM's for the sake of a couple of quid charges at least you can just get enough for a few days at a time. Also agree with some of your reply's, you will find your local supermarket will prob give you a good exchange rate, they like english notes. Hope this helps. :)
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Postby GeordieLass » 22 Aug 2007 23:05

The problem with ATMs I mean even I use them but once my sister was using the ATM and the icmeler had a power cut which happens there all the time, well once the power came back on, the card didnt come out of the machine, it was sent back home, I always take two cards with me but the ATM wouldnt be my only way to get my money after what happened!
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Postby JT » 23 Aug 2007 07:22

If the card eats the machine then all you have to do is call in at the bank in Marmaris and they will give you a time to come and collect the card from them
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Postby Grant0s » 23 Aug 2007 07:27

Hey there

Im taking £100 lira and the rest in sterling as i know the turkish people on markets will take and prefer sterling as there currency can differ a little which is'nt good when you have worked all summer and then u loose 1/4 of your money due to the value of the money going down..

Grant0s!

31 August Got the Flight Tickets yesterday!!!!!!!
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Postby Azz » 23 Aug 2007 08:24

thanks for so many great replys guys! i think i'm going to take half T.cheques and half Sterling, with a bit of lira to get me through a day or so. Is it quite easy and is the exchange rate the same for travellers cheques ? only 4 more sleeps :D ! (so much to get ready though !!)
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