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Exchaning travellers cheques

PostPosted: 10 Jul 2009 13:26
by 4wilts
I have just been to get some sterling travellers cheques from M&S and they tell me that I will be charged upto 16% commission when exchaging in Turkey. Does anyone know if this is the case or where they on a sales pitch. Any advice welcome. Many thanks in advance.
Jenny.

PostPosted: 10 Jul 2009 14:15
by Marm
Hi
We have never paid any commission in resort. Always change our at supermarket under ICR and get same rate for cheques or cash
Marie

PostPosted: 10 Jul 2009 14:29
by John V
Hi, Do you mean when changing the travel cheques or changing Pound Notes...Whch ever it does seem a tall story as this has never happened to me... John

PostPosted: 10 Jul 2009 14:36
by quaker57
You will not pay any commission in any of the local supermarkets or as far as i know the banks, but you will in the exchange shops

PostPosted: 10 Jul 2009 15:05
by 4wilts
The guy in M&S said "to change your sterling travellers cheques into Lira in Turkey, we would be charged upto 16% commission so the M&S staff had been informed" -
Thanks for your replies. Will try the supermarket you have mentioned.

PostPosted: 10 Jul 2009 16:26
by quaker57
4wilts you can change them in any supermarket no problem.

PostPosted: 10 Jul 2009 17:39
by dksbbs
Never been charged commission on changing traveller cheques in the small supermarkets or banks, but be careful with the exchange shops, they have tried when I first went in 2002.

Dave

PostPosted: 13 Jul 2009 08:13
by rachel06
My brother in law had travellers cheques and changed them in the supermarket under ICR and was not charged commision and got the same rate as if he was changing £ notes.

PostPosted: 19 Jul 2009 11:56
by Debs14
We changed some of our travellers cheques at the exchange office and were charged a commission not 16% though!!The rest we changed at the supermarket under icr offices and were not charged anything.

PostPosted: 19 Jul 2009 15:59
by Fanny
seems that good old M&S although good intentions have got it wrong - unless of course they were referring to the exchange shops
have to say we never used them and always either change them at the hotel next door to us [on the odd occasion when we do take them]
more often than not, we take good old £££ notes and change them in the supermarkets
am a bit wary in these days of ID hijacking, so try to avoid giving my passport number unless I really have to

PostPosted: 20 Jul 2009 12:47
by tinkerbelle
We always get out travellers cheques from M&S and have never had a problem or been charged commission. Did you get stirling travellers cks or euro. I believe some places do charge for euro cks.