Going away this Easter? Order your travel money online

03 April 2014 - Which Way To Pay

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Schools have broken up so are you off on your Easter Holiday Break? Ensure you order your travel money in good time

With the Easter holidays on the horizon, a large number of us are paying to exchange our hard earned money into travel money. Most of us, at very late notice and more often than not, at an airport. Therefore, it comes as no surprise that ordering your travel money online gives you competitive exchange rates, however, is it safe to order your foreign currency online? With such a vast array of online companies offering competitive rates on holiday money and fantastic services such as home delivery, it is important that you do your research properly to ensure that your money is safe.

Is the travel money company your purchase your foreign currency from FCA registered?

It is essential that you ensure you purchase your travel money from a company that is secure, safe and registered with the Financial Conduct Authority (FCA). You can easily do this by just entering the company details on the FCA register. Remember that Foreign exchange companies are not required to be fully authorised by the FCA, however, it is a bonus if they are as they will need to implement safe guarding measures to protect your money. When you are researching which company you should exchange your travel money with, it is also worth checking any online reviews.

Have you checked there is insurance on the home delivery service on offer?

Of course, one of the many great perks of purchasing your travel money online is the home delivery service that most companies offer. It is important that you check your travel money is insured when you use this service. The last thing you want is for your hard earned cash to go on the missing list before it even reaches you. If your chosen company does not offer this service, it is worth shopping around again.

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