Exchaning travellers cheques

[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.

[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

[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

[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

[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.

[quaker57]

4wilts you can change them in any supermarket no problem.

[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

[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.

[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.

[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

[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.