Cashing travellers cheques in p rico gran canaria what is the charge made in local banks thanks?

Question

Cashing travellers cheques in p rico gran canaria what is the charge made in local banks thanks?

Answer 1

If you use euro travellers cheques then you'll get face value as you've already paid the commision when you buy them. If you use Sterling cheques, the charge is usually about 7%

Answer 2

Make sure your Traveller cheques are in Euros and not $ or £.

Better value for money.

Answer 3

The exchange rate changes, sometimes dailiy.  Have you considered using a credit card more? Better rate of exchange