Where to exchange money in Colchester
Before you set out exploring in Colchester, it's wise to be as prepared as possible for your trip. One important thing is knowing the local currency if it differs from your own and where you can exchange it.
In this article you will discover some of the best currency exchanges in Colchester that you can visit.
We will also introduce Wise - A digital alternative which could save you time and money.
Where to exchange money in Colchester
Before you set out exploring in Colchester, it's wise to be as prepared as possible for your trip. One important thing is knowing the local currency if it differs from your own and where you can exchange it.
In this article you will discover some of the best currency exchanges in Colchester that you can visit.
We will also introduce Wise - A digital alternative which could save you time and money.
Spend abroad without hidden fees
Currency exchanges in Colchester
Consider using digital alternatives like Wise when looking at currency exchanges. If you still need to have some physical cash, here are a list of currency exchanges you can find in Colchester.
A reminder from us - There's no such thing as 0% commission or fee-free so remember to do your research and make an informed decision.
| Money Changer | Address | Contact Information |
|---|---|---|
| eurochange Colchester - Trinity Square | 1 Trinity Square, Colchester CO1 1JR, UK | +44 1206 984207 |
| Asda Travel Money | Turner Rise, Colchester CO4 5TU, UK | +44 1206 578227 |
| Tesco Travel Money | Highwoods Square, Highwoods, Colchester CO4 9ED, UK | +44 1206 753136 |
| Western Union | 34, 38 Queen St, Colchester CO1 2PL, UK | +44 800 833833 |
| Post Office Travel Money | 9 Regent St, Rowhedge, Colchester CO5 7EA, UK | +44 1206 728918 |
| Currency Deals 4U | 14 Queen St, Colchester CO1 2PJ, UK | +44 1206 765344 |
| Post Office Travel Money | 9 Middleborough, Colchester CO1 1QT, UK | +44 1206 576758 |
| Tesco Travel Money | Greenstead Rd, Colchester CO1 2TE, UK | +44 345 677 9177 |
| TUI Holiday Store | 2, 3 St Nicholas Passage, Colchester CO1 1JZ, UK | +44 1206 560335 |
| Post Office Travel Money | 192 Shrub End Rd, Colchester CO3 4RZ, UK | +44 1206 576160 |
| Post Office Travel Money | 66 Blackberry Rd, Colchester CO3 0RZ, UK | +44 1206 330451 |
| Post Office Travel Money | 291 Ipswich Rd, Colchester CO4 0HW, UK | +44 1206 842579 |
| Post Office Travel Money | 358B Mersea Rd, Colchester CO2 8RB, UK | +44 345 722 3344 |
| Post Office Travel Money | 41-43 Chapel Rd, West Bergholt, Colchester CO6 3JB, UK | +44 345 722 3344 |
| Post Office Travel Money | 40 The Cross, Wivenhoe, Colchester CO7 9QL, UK | +44 1206 822050 |
| Hays Travel Colchester | 74-76 Culver St E, Colchester CO1 1LE, UK | +44 1206 807925 |
| Post Office Travel Money | 50 High St, Wivenhoe, Colchester CO7 9AA, UK | +44 1206 822870 |
| Western Union | 10 Short Wyre St, Colchester CO1 1LN, UK | +44 1206 765433 |
| Sainsbury's Bank Travel Money | 1 Stanway Western Bypass, Stanway, Colchester CO3 8AA, UK | +44 1206 762092 |
Notice anything wrong with our results table? Let us know - If there is a genuine mistake, we will do our best to resolve it.
British pound sterling rate today
The accepted currency in Colchester and across United Kingdom is the British pound sterling.
However, when you visit a currency exchange, you'll find that they use currency codes. Specifically, the currency code for the British pound sterling is GBP. Keep an eye out for this code if you're comparing exchange rates.
What you should know about exchanging money in Colchester
Before exchanging money in Colchester or any foreign city, it's important to be informed to avoid excessive charges and get the best deals. Consider opening a bank account in the UK for long-term stays or substantial investments like buying property or cars.
1. Beware of 'zero fee' services
Services claiming 'no commission' often offer poor exchange rates, not reflecting the mid-market rate, leading to hidden profits for them.
2. Check the exchange rate beforehand
Familiarize yourself with the base rate to identify a bad deal from exchange services.
3. Avoid exchanging money at airports or hotels
Convenience comes at a price, as airports and hotels usually offer poor rates and high transaction fees.
4. Use ATMs strategically
Check if your home bank has partnerships in the UK banks to avoid extra ATM fees, and inform your bank before traveling.
5. Opt for local currency
When using an ATM abroad, choose to be charged in British pounds sterling for a fairer rate and avoid undisclosed exchange rates and additional fees.
Consider an alternative to physical currency exchanges
Say goodbye to overcomplicated currency exchange. Wise can help you get a better deal on currency conversion in over 40 currencies, with the mid-market exchange rate and low fees.
Open a personal Wise account online or in the Wise app, and order a linked debit card for a one-time fee to spend and withdraw money in 150+ countries.
There’s no fee to spend any currency you hold, and no foreign transaction fee to worry about. Use your account when you travel or shop online in foreign currencies, send payments in 70+ currencies, and get your own local account details in 9 currencies.
Other currency exchanges
Bottom line
As you can see, there’s no shortage of options when it comes to exchanging money in Colchester. Don't forget to do your research on the exchange rate before converting your money, and check Wise out if you want a fuss-free alternative to exchanging cash.
Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.