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25 Jun 2016
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sterling not being accepted for local currency
There has been some tabloid reports of holiday makers being caught out as sterling has not being accepted for changing to local currency !
Wow! Crazy stuff.
It hopefully won't last many days if it is true.
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Regards Tim
Learning my craft for the big stuff, it won't be long now and it's not that far anyway
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25 Jun 2016
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Sounds about right until things get settled.
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25 Jun 2016
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Might have something to do with the exchange rate being too dynamic for the manual money changers to take a risk on.
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26 Jun 2016
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Quote:
Originally Posted by g6snl
There has been some tabloid reports of holiday makers being caught out as sterling has not being accepted for changing to local currency !
Wow! Crazy stuff.
It hopefully won't last many days if it is true.
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Seems to be happening in Greece. Their reputation regarding money is a bit of a disaster anyway. I imagine it'll blow over soon.
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26 Jun 2016
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They were right not to because they could have lost 10% in a few hours and their margins aren't big enough to cover that much of a fall. The alternative would be to give you a really bad exchange rate and that wouldn't be accepted by the punters either.
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26 Jun 2016
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A few hours after the market opens on Monday and the manual money changers may have figured out a rate that they can accept the risk from and be acceptable to the punters.... Mind you by now some punters will be looking for anything as they may need the cash.  Good Luck out there in money change land.
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26 Jun 2016
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Mind you, when people vote to leave the EU they shouldn't really expect to go into an EU country the next day and not have potential currency exchange problems. I suspect it's only the first of many different reality checks to affect the Brexiteers.
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26 Jun 2016
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slightly confused why the people having problems haven't followed the example of most tourists? either change your money before you go or use an ATM
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