I’m on the Nationwide Building Society website and when I search for informatin to do with currency exchange, all I can find is information about travel money and they state the total amount of money they can transfer is 2,000 GBP. The Post Office can also only exchange something like 3,000 I believe. I need to transfer a larger sum, 25,000 GBP into Pakistani Rupees. Where Can I go to get this done, and in the future if I need to exchange a large amount of Rupees back into British Pounds, can this be done in the same place? Information needed as much as you can provide. Much appreciated in avance. Thank you.
Thanks for the answers so far. Do you know which exchange rate they would use, their own or the actual rate? And would i receive the rate depending on the time I place the order or would it be determined on what the rate is at the time they deliver the money to the bank?
I understand there is a buy/sell rate when talking about currency exchange; is this so?
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the banks will be able to do this, but they will charge for each transaction of course.
If you contact one of them in advance you can probably put in an order for the foreign currency. Most banks only hold a certain amount of foreign currency on site, based on historical usage of clients. If you need a special order, call and order it well in advance and they can probably order the currency in for you, for a fee.
Yes,of course they do it. It is a major part of their business.
But depending on the currency, you will have to telephone the branch and order the currency. They will then tell you when it will be ready for you.