Cashing Travellers Cheques

Pippie


Joined: 02/12/2009
Posts: 1288

Message Posted:
11/04/2011 21:45

I've just been asked an interesting question.

A friend is coming out to TRNC for the first time and has asked me if he can get Travellers Cheques cashed easily. I said of course, the exchange bureaus should do it. But since I put the phone down I've been thinking, I don't think I've ever seen them advertised in the bureaus. So I've got to ask what might sound like a silly question. Can you get Travellers Cheques exchanged in the exchange bureaus? And, if so, is that the best place for the best exchange rates?



Thanks.

Groucho



Joined: 26/04/2008
Posts: 7993

Message Posted:
11/04/2011 22:03

They are a real pain... and it costs a lot to cash them too.

kiwikid


Joined: 18/08/2008
Posts: 496

Message Posted:
11/04/2011 22:08

As a business owner we don't take them as it is so hard to get them cashed and if you can it usually takes over a month to get the money. Though last year I was given what worked as a credit card but was actually the new form of travellers cheque and it went through my visa machine with no problem. Ask your firend if she can get that card and she shouldn't have any problems.

Angela

Brinsley


Joined: 04/04/2009
Posts: 6858

Message Posted:
11/04/2011 22:28

TC are cash, another TRNC banking scam!



Richard

Groucho



Joined: 26/04/2008
Posts: 7993

Message Posted:
11/04/2011 22:33

My friends were changing them in the south... so not a TRNC scam.

mozgor



Joined: 16/06/2010
Posts: 256

Message Posted:
11/04/2011 23:44

We used to bring TCs with us and always cashed them at the exchange bureau in the pedestrianised street in the centre of Girne, the one on the left going down from the municipal car park before the opticians. We weren't charged commission, but understandably got a different exchange rate than cash. The biggest pain is if you want to pay for something and don't have enough cash, if you take sterling you can pay in sterling as you know and it's so much easier. We always bring cash now.

paddywack


Joined: 04/05/2009
Posts: 959

Message Posted:
12/04/2011 00:34

Cash is king.

TurkBankRep


Joined: 22/01/2009
Posts: 219

Message Posted:
12/04/2011 08:01

as ı get customers ın the bank tryıng to cash these ı dıd some research

the exchange shop next to the cafe brıton ın alsancak saıd he would cash them at a charge of £5 per £100

suggest you go see hım or any exchange offıce and ask commısıon charges

thıs ınfo was obtaıned early last year



lında roy

customer rep

l.roy@turkishbank.net

Tango1


Joined: 19/02/2011
Posts: 1151

Message Posted:
12/04/2011 09:41

Good heavens, I didn't think Travellers Cheques were still used.

Tango1

Deniz1


Joined: 28/07/2009
Posts: 3829

Message Posted:
12/04/2011 11:03

Better to use your uk debit card at an atm here its cheaper than tcs.

breezyboy


Joined: 14/05/2007
Posts: 1179

Message Posted:
12/04/2011 18:20

The bureau de change at the airports now sell a debit card instaed of trav. cheques. They are free you pay a per transaction fee like private cash machines but it is the same fee for any amount and only a small fee at that. They give you a pin number with each card.

Pippie


Joined: 02/12/2009
Posts: 1288

Message Posted:
12/04/2011 19:29

Thanks everyone, that's helpful