Sachin Walls
Gatwick Airport offers currency exchange services, allowing travellers to exchange more than 60 worldwide currencies. While it is possible to exchange currency at the airport, it is recommended to get the best exchange rates by exchanging money or obtaining an international credit card before arriving at the airport. Currency exchange outlets at the airport may offer slightly different rates, and these rates can fluctuate daily. Additionally, airport kiosks may not always have the desired currency, especially if it is less common. Planning ahead and securing the necessary currency in advance can ensure a stress-free experience and favourable exchange rates.
| Characteristics | Values |
|---|---|
| Currency exchange options at Gatwick Airport | ChangeGroup (15 branches and 70 ATMs across both terminals), Travelex, Moneycorp (North and South terminals), International Currency Exchange (ICE) (South Terminal), eurochange |
| Currency exchange rates at Gatwick Airport | Generally worse than online rates or rates outside the airport; for euros, rates are 0.82% worse than the next-worst online rate and 5.38% worse than the current best online rate |
| Pros of exchanging currency at Gatwick Airport | Convenient, especially if you have no other options |
| Cons of exchanging currency at Gatwick Airport | Poor exchange rates, long wait times |
| Alternatives to exchanging currency | Prepaid currency cards (e.g. Explorer multi-currency MasterCard), international credit or debit cards, travellers' cheques, ordering currency online in advance |
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What You'll Learn
Gatwick Airport currency exchange kiosks
Gatwick Airport has partnered with ChangeGroup to ensure that passengers' currency needs are met. ChangeGroup has 15 branches and 70 ATMs spread across both terminals, allowing for the exchange of over 60 currencies. Additionally, they offer low prices with 0% commission and preferential exchange rates on online orders.
Another option for currency exchange at Gatwick Airport is Moneycorp, which has ATMs in both the North and South terminals. Moneycorp offers over 50 currencies and allows travellers to pre-order their currency online for pick-up at the airport. It is worth noting that Moneycorp does not offer a flat exchange rate for their online orders and exchanges at the airport, so it is advisable to research their rates before choosing their services.
If you prefer to order your currency ahead of time, eurochange offers a ''Click & Collect' service, allowing you to collect your currency from one of their 240 branches across the UK in as little as 60 seconds.
For those who want a cashless option, an Explorer multi-currency MasterCard® might be a suitable choice. This card allows you to load up to 10 currencies and use it like a regular credit or debit card, without any link to your personal accounts.
Additionally, Travelex provides a range of options, including home delivery or arranging for pick-up at one of their currency exchange stores. They are a leading foreign exchange specialist, ensuring your travel money needs are met smoothly.
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$45.94 $48.95
Getting euros before arriving at Gatwick
If you're looking to get euros before arriving at Gatwick, there are a few options available to you.
Firstly, you can get euros at any bank in London, including Raphael Bank, which has ATMs that dispense both pounds and euros at locations like St Pancras International Station. However, keep in mind that exchanging your dollars for pounds and then pounds for euros will result in multiple commission fees, so you may want to consider other options.
One option is to use an ATM at Gatwick Airport to withdraw euros directly from your account. There are ATMs located throughout the airport's terminals, and while you will likely have to accept the ATM's exchange rate, it may still be a more convenient choice.
Alternatively, you can plan ahead and secure your currency before arriving at the airport. Services like eurochange offer competitive rates and allow you to order your euros online for home delivery or pick them up from one of their branches near Crawley or on your way to the airport. This way, you can avoid the stress of last-minute currency exchanges and potentially higher airport rates.
Additionally, if you prefer not to carry large amounts of cash, you might consider a multi-currency card like the Explorer multi-currency MasterCard. This allows you to load up to 10 currencies and use it like a regular credit or debit card without linking it to your personal accounts.
Lastly, if you're coming from or passing through Paddington Train Station, it's worth noting that the ATMs near the left luggage office offer both pounds and euros.
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Using a prepaid currency card
Gatwick Airport has partnered with Moneycorp and ChangeGroup for onsite currency exchange services. There are Moneycorp ATMs in both the North and South terminals, with cash machines available before and after security control. These ATMs accept all valid UK bank cards and there is no charge for using this service to withdraw local currency (GBP).
There are several prepaid currency cards available, such as the Explorer multi-currency MasterCard, which allows you to load up to 10 currencies and use it like a credit or debit card. The Transferwise multi-currency account is another option that includes a travel money card to use in ATMs and pay in local currencies while abroad.
It is important to note that prepaid currency cards are specifically aimed at use abroad, and there may be fees for using them in the UK. Most countries, including the UK, require you to declare any large amounts of cash that you are carrying, usually above €10,000 or the equivalent currency.
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Using a credit or debit card
Overseas credit cards can offer significant savings, but it's essential to ensure that you don't use them in the UK to avoid unnecessary charges. Additionally, paying off the balance in full each month is crucial to avoid incurring interest fee charges. Using a card can make spending easier, but it might be challenging to keep track of your expenses, and it could end up costing you more if you're not careful.
Prepaid currency cards are also an option. These cards allow you to transfer money from your bank account and receive the day's exchange rate. They can be used at ATMs or instead of a debit card at your destination. However, watch out for ATM fees, inactivity fees, and fees for using the card within the UK, as these charges can add up. Ordering a prepaid currency card in advance is necessary to ensure you receive it before your trip.
Another alternative is to use a multi-currency card such as the Explorer multi-currency MasterCard. This card allows you to load up to 10 different currencies and use it like a regular credit or debit card. The advantage is that it is not linked to any of your accounts, providing an extra layer of security.
While using a credit or debit card at Gatwick Airport offers convenience and security, it's important to be mindful of the potential fees and expenses. Planning ahead and understanding the fees associated with your card can help you make the most of your money during your trip.
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Keeping euros safe at Gatwick Airport
Gatwick Airport is the second busiest airport in the UK, handling over 46 million passengers annually. With so many travellers passing through, it's no surprise that some may be carrying euros. Here are some tips to keep your euros safe while travelling through Gatwick Airport.
Firstly, it is generally recommended to avoid exchanging currency at the airport. Airport kiosks tend to offer poor exchange rates, and you may not even find the currency you need. Instead, it's better to exchange your money or get an international credit card before arriving at the airport. Ordering your currency online in advance can often get you a better rate, and you can choose from a variety of payment options to find the best deal.
If you do need to exchange currency at Gatwick Airport, there are several options available. ChangeGroup, the world's largest foreign currency exchange provider, has 15 branches and 70 ATMs across both terminals, offering exchange services for over 60 currencies. However, their exchange rates are known to be unfavourable. International Currency Exchange (ICE) also has a presence at Gatwick, offering retail currency exchange services.
To keep your euros safe, consider using a prepaid currency card. These cards allow you to transfer money from your bank account and receive the day's exchange rate. You can then use the card at ATMs or instead of a debit card at your destination. Prepaid cards are safer than carrying large amounts of cash and can be topped up online or by phone. However, watch out for ATM fees, inactivity fees, and fees for using the card within the UK.
If you prefer to carry cash, there are a few precautions you can take. Use a money belt (bum bag) or a flat bag that can be kept close to your body and hidden under your clothes. If using a handbag, ensure it has a zip, and carry it in front of you. For rucksacks, keep your money buried underneath other items, not near the top of the bag. Additionally, consider taking traveller's cheques, as they can be easily replaced if stolen.
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Frequently asked questions
Yes, Gatwick Airport has partnered with ChangeGroup, which has 15 branches and 70 ATMs across both terminals. You can exchange over 60 currencies at competitive rates. Alternatively, you can use International Currency Exchange (ICE) in the South Terminal.
You can exchange euros at kiosks or ATMs at Gatwick Airport. However, airport exchange rates are often unfavourable, and kiosks may not have the currency you need. It is recommended to order your currency online in advance or use a prepaid currency card, which you can use at ATMs at your destination.
Exchanging euros before arriving at Gatwick Airport can offer better exchange rates and peace of mind. You can order your currency online or purchase it from a local branch of eurochange or Travelex. Additionally, you can avoid the stress of last-minute arrangements and ensure you have the required currency.
