HSBC offers commission-free foreign currency
www.moneynews.co.uk > General finance > HSBC offers commission-free foreign currency
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Money News |
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HSBC offers commission-free foreign currency
Tue 31st Oct 2006
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Customers will be able to purchase 71 different currencies from HSBC by phone, online or from the branch.
A comparison undertaken by HSBC relating to £600 worth of Euros with next-day home delivery showed that rivals such as Lloyds TSB, Barclay's and NatWest were offering less for customers' money.
John Nicholson, head of travel money at HSBC, stated: "If you're travelling abroad this winter to catch some sun, think carefully about your spending money."
"With commission charges ranging from zero to two per cent and exchange rates differing hugely, there is a significant variation between providers and paying too much for your foreign currency is a serious waste of money," Mr Nicholson continued.
Should customers order their currency before 15:00 GMT, they will receive next day delivery to their choice of home or local branch on all orders in excess of £250.
As well as the 71 currencies on offer to customers, HSBC provide the option of travellers cheques in a total of nine major currencies.
Related News : General finance |
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Related News : HSBC |
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