Where to buy GBP:: Urgent info required

[allgo]

Hi friends,

I will be flying to UK in Jan on HSMP and would like to know where to buy GBP at best rates. I stay in bangalore and if someone can give me a cue about this it would be great.

I enquired in Eurochanger in the Garuda mall and they were selling at 81.4 while that day exchange was 78 rs / GBP. is it better to buy from Banks?

Also about Travellers cheque -- how does it work? I mean what denominations should one buy these cheques? and are the cheques acceptable everywhere?

How much GBP should one carry for a single person? please suggest urgently as I need to fly soon. FYI I dont have a job in hand and planning to go and search there.

Thanks

[SYH]

just bring your bank card and tell your bank you are withdrawing money in the uk

[vijsree]

Not a forex but has GBP which I need to sell

[rsathish]

Hi,

This is what I did.

I took Traveller's cheques for 3500 GBP + 500 GBP cash. I took it from Thomas Cook, Chennai. Best way is to call a couple of Forex ppl and bargain between them (Tell them the other Forex co. is offering at 79.50, even though he/she actually offered 80.30 INR/GBP).

I was offerred Rs.2 less than the actual market rate because of bargaining and the huge amount.

After coming here, you can talk to a Tamil guy in the Thomas Cook office
inside HSBC's Tottenham Court road branch. Talk to him nicely, he might buy back at a better rate

Second, I took a the travel card from ICICI bank for 200 GBP. This might come in handy, if god forbid you spend all your money and would like your family to send some emergency fund. They can load this card from India, through the ICICI bank.

If you want to address this seriously, try this - the GBP & the Sensex has some correlation. I am not sure if it is inverse or direct. Try to guess and you might save some money.

All the best.

[euphoria1947]

Hi ,
It will be great if you let me know on which date u r planning to travel. me to planning to travel in Jan. we may be of help to each other. please give me ur phone number too.
My mail id is [deleted by Moderator (John) : not a good idea to mention email address openly on the internet. If anyone wants to contact, send a Private Message.]