Where to exchange money in South Shields
If you’re planning a trip to South Shields, it will definitely be useful to know how to obtain the local currency. Additionally, you may want to be aware of the current exchange rate and the most convenient places to exchange your money.
On this page, we’ll provide you with a list of the best places to exchange currency in South Shields. We’ll also introduce you to an alternative, Wise, which may be more cost-effective and save you the hassle of visiting a physical location.
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Currency exchanges in South Shields
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 South Shields.
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 |
|---|---|---|
| Ramsdens - King Street - South Shields | 20 King St, South Shields NE33 1HT, UK | +44 191 454 7170 |
| Ramsdens - Prince Edward Road - South Shields | 129 Prince Edward Rd, South Shields NE34 8PJ, UK | +44 191 455 9555 |
| Post Office Travel Money | 8 King St, South Shields NE33 1HT, UK | +44 345 722 3344 |
| Post Office Travel Money | 22 Horsley Hill Square, South Shields NE34 7HQ, UK | +44 191 456 2644 |
| Post Office Travel Money | 13-15 Carden Ave, South Shields NE34 7QP, UK | +44 191 456 6476 |
| Post Office Travel Money | 97-99 Wenlock Rd, South Shields NE34 9BD, UK | +44 345 722 3344 |
| Post Office Travel Money | 39 Gaskell Ave, South Shields NE34 9TQ, UK | +44 345 722 3344 |
| Dawson & Sanderson - South Shields | 7, Denmark Centre, Fowler St, South Shields NE33 2LR, UK | +44 191 427 6633 |
| Post Office Travel Money | 407-409 Stanhope Rd, South Shields NE33 4TD, UK | +44 345 722 3344 |
| Ramsdens - The Viking Shopping Centre - Jarrow | The Viking Shopping Centre, 19 Bede Precinct, Jarrow NE32 3LW, UK | +44 191 483 8881 |
| Post Office Travel Money | 3 Frederick St, South Shields NE33 5DY, UK | +44 345 722 3344 |
| Post Office Travel Money | 216 Whiteleas Way, South Shields NE34 8HW, UK | +44 345 722 3344 |
British pound sterling rate today
The currency used in South Shields, as well as the rest of United Kingdom is British pound sterling.
However, when visiting a currency exchange shop you will notice they use currency codes. The code for British pound sterling is GBP. Keep an eye out for this if you want to compare exchange rates.
What you should know about exchanging money in South Shields
When exchanging money in South Shields or any foreign city, it's important to be aware how to get the best deals and avoid excessive charges and hidden fees. If you are planning on staying in the UK long-term or looking to make a larger investment you could consider opening a local bank account. Otherwise, use the tips below to help avoid getting overcharged.
1. Pick local currency on ATMs and card payments
When using an ATM abroad, choose to be charged in British pounds sterling for a fairer rate and fees. The same applies if you get the option on card machines.
2. Know the exchange rate
Check what the current exchange rate is so it's easier to spot a bad deal from currency exchanges.
3. Avoid exchanging money at airports or hotels
It may be highly convenient, but airports and hotels will almost always offer poor rates and high transaction fees. Avoid this where possible.
4. Use ATMs strategically
Check if your local bank has partnerships in the UK banks to avoid unwanted ATM fees. Also try to plan ahead and make as few withdrawals as possible to avoid multiple extra fees.
5. Be wary of 'zero fee' services
Some services claiming 'no commission' often offer poor exchange rates. These may not reflect the mid-market rate, similar to what you'd see when checking the rate on Google. This can lead to higher costs for you and more profits for them.
Money exchange at the tip of your fingers
Out with carrying only cash when you're abroad. The world has gone digital and so can you.
With a Wise account you can exchange currency at any time, almost everywhere in the world.
Access over 70 currencies in just a few clicks and pay wherever you are with the Wise card.
Say goodbye to the analog way. Say hello to Wise
Other currency exchanges
Bottom line
As you can see, there are plenty of options for exchanging money in South Shields. Remember to do your research on the exchange rate and get the most out of your trip. For a fuss-free alternative to exchanging cash, check out Wise.
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.