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!
Been checking regularly on
http://travelmoney.moneysavingexpert.com/holiday-money/#resultsSuddenly, this morning, No1 Currency were offering lira at 2.995 to the pound.
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!
Total cost of £1001.67 for 3000 lira!!! Unbelievable!!
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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 ..............