Ruth Haines
East Midlands Airport offers currency exchange services, with 60-70 currencies to choose from, including euros. The airport has currency exchange counters and ATMs that dispense euros and other currencies. However, exchanging currency at the airport may not always offer the best rates, and it is advisable to compare rates and fees or consider alternatives like using a multi-currency card or account. Pre-ordering currency online and collecting it at the airport can also help avoid last-minute exchange rate costs.
| Characteristics | Values |
|---|---|
| Currency exchange | Available at the airport |
| Exchange rates | May not be the best available |
| Currencies | 60+ currencies to choose from |
| Pre-ordering | Possible online |
| Pick-up | Possible at the airport |
| Commission fees | 0% |
| ATMs | Available at the airport |
| Currency buy-back | Available |
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What You'll Learn
Currency exchange at East Midlands Airport
East Midlands Airport offers currency exchange services for travellers who need to swap their money. The airport has a currency exchange counter, with ChangeGroup operating branches at landside and airside departures. ChangeGroup offers 60+ currencies and has over 30 years of experience in currency exchange.
While it is convenient to exchange currency at the airport, it is not always the cheapest option. Airport currency exchange services often have high fees and unfavourable exchange rates due to a lack of competition. To get the best deal, it is recommended to compare rates and fees before deciding. One way to do this is by using a multi-currency card, which often provides more favourable conversions without markups or hidden fees.
If you do choose to exchange currency at the airport, you can order your currency online for airport collection, ensuring you get the currency you need at a potentially better rate. East Midlands Airport offers this service, allowing you to pre-order currency and collect it at the airport for 0% commission.
Additionally, the airport has ATMs where travellers can withdraw their money. This option may be useful if you need a small amount of cash quickly, but be mindful of potential withdrawal fees and unfavourable exchange rates.
When returning from your trip, you can sell back any unspent foreign currency at the airport. ChangeGroup offers a buyback guarantee, allowing you to sell back currency at the same rate you purchased it for, with a small fee of £5.99.
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Pre-ordering currency
Travelex provides a Best Price Promise, checking exchange rates from major banks and retailers and guaranteeing the best price on your foreign currency, or they will refund the difference. They offer home delivery, so be sure to order at least a week in advance. You will need to pay for delivery on amounts up to £600, and then it's free.
Alternatively, ChangeGroup offers a Buyback Guarantee, allowing you to sell back any unspent cash for the same rate you purchased it for, at just £5.99. ChangeGroup has over 30 years of experience and offers 60+ currencies at conveniently located exchange bureaus across the UK, including at East Midlands Airport. Branches are easily accessible at landside and airside departures, and travellers can also use one of the four ATMs across the airport.
If you wish to pre-order currency for pick-up at the airport, you can do so through Travelex. Simply pre-book online by logging on to travelex.co.uk and ordering while selecting East Midlands Airport as the pick-up point. When you arrive at the airport to pick up your currency, be sure to bring your order confirmation, passport, and the card you used to make the payment.
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Selling back currency
Although I couldn't find specific information about using Euros at East Midlands Airport, there are currency exchange services available. ChangeGroup, which has branches at the airport, offers a BuyBack Guarantee. This means you can sell back any unspent foreign currency for the same rate you purchased it for, at just £5.99.
If you have leftover currency from your trip, you can sell it back to a currency exchange provider. Here are some options:
Post Office
The Post Office offers currency buy-back services. You can take your leftover cash to any branch that deals in foreign currency, and they will buy it back from you. They buy back travel money without seeing a purchase receipt, though smaller branches will need one. You can also pay cash straight into your UK bank account at the counter.
Travelex
Travelex is a world leader in foreign exchange, and they buy back a range of currencies. They have stores across New Zealand where you can sell your foreign currency. They only accept foreign currency banknotes that are current legal tender and of acceptable quality and condition. Each store has its own buy-back rate, which can change throughout the day.
ChangeGroup
ChangeGroup has over 30 years of experience in providing currency and financial services for travellers. They have branches at East Midlands Airport, offering currency exchange services with 60+ currencies to choose from. They also offer a BuyBack Guarantee, where you can sell back any unspent foreign currency for the same rate you purchased it for.
It's worth noting that exchanging money at the airport last minute can be expensive, so it's advisable to pre-order your currency online.
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Using euros at the airport
East Midlands Airport offers currency exchange services, allowing you to exchange euros for pounds or other currencies. The airport has a partnership with Travelex, which operates currency exchange outlets at the airport. There are three Travelex outlets located before security, after security, and at arrivals. These outlets offer competitive rates and are open 365 days a year. Additionally, Travelex provides a buyback option, allowing you to sell back any unused currency commission-free.
It is recommended to pre-order your desired currency online and pick it up at the airport to ensure availability and avoid higher costs associated with last-minute exchanges. You can pre-order through Travelex's website and select East Midlands Airport as the pickup point. Remember to bring your order confirmation, passport, and the payment card used for the transaction.
Another option for currency exchange at the airport is ChangeGroup, which has branches at landside and airside departures. ChangeGroup offers over 60 currencies to choose from and provides a buyback guarantee. You can also use their ATMs located across the airport to withdraw money in various currencies, including euros.
While airport currency exchange services offer convenience, they may not always provide the most favourable rates or lowest fees. Consider alternatives such as using a multi-currency card or opening a multi-currency account, which can offer better exchange rates and lower overall costs. Additionally, be mindful of disclosing amounts over £10,000 to UK Customs when travelling.
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Alternatives to currency exchange
Currency exchange fees can be costly, so it's worth considering alternatives to exchanging physical currency. Here are some options:
Use a credit or debit card
Many credit and debit card issuers allow you to make purchases overseas without foreign transaction fees. Using your card for payments can be a good alternative to exchanging physical currency. Even smaller businesses, such as street food vendors at night markets or festivals, often accept electronic payments. Additionally, credit cards offer purchase protection and reward points for transactions at various businesses, such as hotels, restaurants, and rental car companies. It is a good idea to inform your credit card company about your trip and ask about any additional security features they offer.
Prepaid cards
Prepaid cards can be loaded with the currency of your choice and used for purchases while travelling. This option may be useful if you don't want to carry a lot of cash or worry about exchange rates.
Exchange currency before your trip
Exchanging currency before your trip can help you avoid unfavourable rates and high fees. Local banks and credit unions typically offer the best rates, so it's worth comparing options to find the most competitive deal. Some banks may also allow you to conduct the transaction online or mail you the currency.
Use a foreign ATM
Using a foreign ATM or your bank's ATMs overseas can be a convenient and cost-effective way to access local currency. However, banks limit the amount of cash you can withdraw from an ATM each day, and there may be transaction costs, so it's essential to plan accordingly. Using an ATM within the airport upon arrival can be a good option to obtain local currency without carrying large amounts of cash during travel.
Online currency converters
Online currency converters, such as OANDA, allow you to check the latest foreign exchange rates and convert between various world currencies, precious metals, or obsolete currencies. This can be a useful tool to understand the current exchange rate and plan your currency exchange accordingly.
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Frequently asked questions
Euros are not the local currency in the UK, where East Midlands Airport is located, so you cannot use them for purchases. However, you can exchange your euros for pounds at the airport.
East Midlands Airport has currency exchange counters where you can exchange euros for pounds. These are located before security, after security, and at arrivals.
Yes, you can exchange pounds for euros at East Midlands Airport.
Yes, you can pre-order currency online and pick it up at the airport. This option is commission-free.
Yes, there are ATMs at East Midlands Airport that dispense GBP, Euros, and US Dollars.
