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What is currency buyback?
If you’ve come back from your holiday with some spare cash, take it to a Post Office branch that deals in foreign currency and we’ll buy it back from you.
If your holiday’s been cancelled and you bought your currency from us, you can get a 100% refund within 28 days of purchase with our refund guarantee.
What is currency buyback?
Rates may vary by branch. This rate is for guidance only.T&Cs apply.
How does currency buyback work?
Pop in to see us
Find a branchthat sells travel money and pop in with your leftover foreign cash.
Sell us your cash
More than 2,500 branches can buy your travel money back without seeing a purchase receipt (but smaller ones will need to).
You’re done!
Pay cash straight into your UK Bank account at the counter.You can save yourself a couple of trips in future with aTravel Money Card, allowing you to swap between currencies.
Thinking of going away again?
If you need travel money, you’ve got loads of options with Post Office.
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Order online for great rates and 0% commission
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Collect US dollars and euros within 2 hours
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Get next-day collection on other currencies
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Or choose to have your currency delivered to your home the next day
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For added ease and security, get a Travel Money Card
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Our Travel Money Card holds 22 currencies and can be used anywhere you see the Mastercard® sign, including with contactless
Order travel money
Ready to get your holiday cash sorted?
Need some help?
Travel money help and support
Read our travel money FAQs or contact our team about buying currency online or in branch:
Post Office Travel Money Card is an electronic money product issued by First Rate Exchange Services Ltd pursuant to license by Mastercard International. First Rate Exchange Services Ltd, a company registered in England and Wales with number 4287490 whose registered office is Great West House, Great West Road, Brentford, TW8 9DF, (Financial Services Register No. 900412). Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.
I'm well-versed in currency exchange and travel finance. Currency buyback, as described, is a service commonly offered by entities like the Post Office. It allows travelers to sell back their leftover foreign currency after returning from a trip. This is beneficial as it helps convert unused currency back into the native currency, reducing losses due to fluctuating exchange rates.
The process typically involves visiting a branch that deals in foreign currency, presenting the leftover cash, and selling it back. Larger branches may not require a purchase receipt, but smaller ones might. The exchanged amount is then paid into the customer's UK bank account or, alternatively, stored in a travel money card that supports multiple currencies.
Regarding the concepts in the article:
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Currency Buyback: The process of selling back leftover foreign currency after a trip. The Post Office offers this service.
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Foreign Exchange Rates: The rates at which one currency can be exchanged for another. The article mentions today's online rate being 1 GBP, but rates can vary by branch.
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Travel Money Card: An electronic card that can hold multiple currencies and be used internationally. The Post Office provides a Travel Money Card that supports 22 currencies and can be used where Mastercard is accepted.
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Travel Money Services: Post Office provides various travel money services, including online currency orders with competitive rates and 0% commission, in-branch collection or delivery of currencies, and a refund guarantee for cancelled holidays if the currency was purchased from them within 28 days.
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Financial Service Providers: The article mentions First Rate Exchange Services Ltd, a company issuing the Post Office Travel Money Card under Mastercard license.
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Travel Extras: The Post Office offers additional travel-related services like travel insurance, international driving permits, and other travel-related products.
Understanding these concepts can help travelers make informed decisions about managing their foreign currency, choosing convenient ways to exchange money, and utilizing services like travel money cards for future trips.
