Changing up a large amount of Euros?

[nick s]

Hi Guys, Sold my elise last night to a man from France. He paid me in Euros, 12,000 of them. Now going on todays exchange rate, it's roughly £10,650 GBP, but when i put 12,000 euros into the post office calculator it says i'll get back £9,700 or so. Obviously this is quite a difference. So i was wondering what peoples advice was to get the best rate? If i pay it straight into my bank account (HSBC) is this likely to be the best option? cheers guys.

[maser_spyder]

HSBC will charge you approx. one arm and one leg to do this. We get charged about £6.50 for banking a euro cheque (ridiculous!).

Shame it's cash, as that's harder to deal with, but try travelex website, and book a rate, you will probably get a better deal than a high street bank.

[louiebaby]

Try googleing Crown Currency Exchange.

They do forward rates based designed for people buying houses abroad, and may give you a better rate...