Calis Beach and Fethiye Turkey Discussion Forum

Information and Services in Turkey Section => Banks, Interest, Money Transfers, Insurance => Topic started by: julesbob0303 on July 25, 2011, 12:40:22 PM

Title: So will they pay up?
Post by: julesbob0303 on July 25, 2011, 12:40:22 PM: Been watching the lira rate slowly creeping up, wondering if I should buy a few lira in the UK, just in case the rate starts to drop and we miss out when we arrive in Turkey early next week! 8)

Been checking regularly on

http://travelmoney.moneysavingexpert.com/holiday-money/#results

Suddenly, this morning, No1 Currency were offering lira at 2.995 to the pound. :D :o :)

I had a quick read through their small print, checked out the company (lots of bases nationwide) then ploughed in, placing my order for £1000 worth of lira! :D

Total cost of £1001.67 for 3000 lira!!! Unbelievable!! :P :-\ ;)[:o)]:D

My bank were happy to cough up, and so I received my order confirmation, free delivery by Royal Mail Special Delivery tomorrow. :)

However, within minutes of my order being placed, their rate changed - dramatically back down to 2.687 (still not a bad rate, but a lot lower than the rate I had just accepted)! [^]

2.995 lira to the pound is actually their buy rate! Someone there has messed up big-time! :(

The terms and conditions state:-

In the event that there are significant or material fluctuations in the exchange rates between us accepting your order and its despatch, we reserve the right to cancel your order without notice and liability to you.

So, do you reckon I'll get my 3000 lira tomorrow? No email from them as yet .............. :)
Title: So will they pay up?
Post by: pookie on July 25, 2011, 12:58:19 PM: :D:D:D:D fingers crossed for you Jules - and if it works, the beers are on you !!!! xxx
Title: So will they pay up?
Post by: Anne on July 25, 2011, 13:40:21 PM: hope you get it Julie, well done
Title: So will they pay up?
Post by: Eric on July 25, 2011, 13:51:06 PM: Keep your fingers crossed ;) ;) ;)
Title: So will they pay up?
Post by: marina on July 25, 2011, 14:07:22 PM: You never know, maybe as 'a gesture of goodwill'. I'll keep my fingers crossed for you! :)
Title: So will they pay up?
Post by: Firo on July 25, 2011, 14:27:55 PM: 2.79 in ING Bank 2 hours ago....fingers crossed they pay out for you.
Title: So will they pay up?
Post by: julesbob0303 on July 25, 2011, 18:28:00 PM: Well, I've had "the" email, telling me that my order has been cancelled:-

"An incorrect Turkish rate (2.99) was entered into our system today (Monday 25th July). All sterling will be refunded in full to customers who attempted to transact at this rate."

What a bunch of spoilsports! I knew it was too good to be true! Oh well, I tried! Just hope my money has gone straight back into the bank, or I'll have no money for next week! :(

Then the drinks will have to be on you, Mrs Pookie! :)
Title: So will they pay up?
Post by: pookie on July 26, 2011, 09:00:46 AM: Damn ! water all round then ;):D
Title: So will they pay up?
Post by: julesbob0303 on July 26, 2011, 09:06:18 AM: Annoyingly, the bank had released my money to this company, so I now have to wait for a refund. I have no turkish lira and no sterling! Hopefully, they refund me soon! :(

Oh well, it was worth a try, but sort of knew it would all go wrong ... I'm not that lucky! [^]
Title: So will they pay up?
Post by: Karennina on July 26, 2011, 21:11:36 PM: Bad luck Julie, I had my fingers crossed for you at the beginning of your thread, would have been great if it had been followed through, hope you get your refund soon :)