Should I take Sterling traveller’s cheques or currency travellers cheques?
• It depends on your destination. In most large towns and cities, Sterling travellers cheques will be accepted, but in some rural areas away from the main tourist track, they are unwilling to do so. If you are travelling to the USA or some other countries, it may be advisable to take US dollar travellers cheques. Ask your bank or travel agent for advice. What is the cheapest way to take money on my gap year trip? • Depends on your spending pattern. There will undoubtedly be a cost in converting Sterling to a foreign currency whether this is done in the UK or abroad, but unused Sterling traveller’s cheques can be paid back into your bank account or exchanged for cash when you return at no extra charge. •Foreign money and foreign currency traveller’s cheques may attract a higher rate of commission when you buy them and further commission may be charged on any unused cheques or foreign money when you want to convert them back to Sterling. There will also be a potential loss (or gain) on t
