Sterling or Euro Cheques

[spinner1000]

I am going to Lanzarote shortly.Should I take travellers cheques in Sterling or Euros.

[auntiebertie]

Take your ATM card and get money out of ATM machines as and when you need it.......

[Buenchico]

I'll add my support to AuntieBertie's answer.

Hardly anyone uses travellers' cheques these days. You get a much better exchange rate, more security and greater convenience by simply using your debit or credit card at any 'bancomat'.

If you're one of the few people who doesn't have a cash card, I'd recommend taking travellers' cheques in Euros.

Chris

[ugly_bob]

I'd take Sterling cheques.

Taking cash out abroad costs a fortune.

In Lanzarote, there will be loads of exchange places competing for your business, so they will change cheques comm. free - Don't change them at hotel.

[Buenchico]

Ugly Bob needs to change banks. I'm with Abbey and I've used cash machines in many European countries. I've never been charged for withdrawals and I've always received a far better rate of exchange than any bureaux de change.

Chris

[ugly_bob]

Fair enough. Most banks charge you around �3 every time you use a foreign cash machine. Same sort of amount as using a credit card in a cash machine over here.

My experience of the canaries is that you get a better exchange rate over there than the banks will give you here though, so Sterling cheques are still the way forward.