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The Currency Club Continues To See An Increase In The Number Of Buy Back Transactions From Those With Leftover Foreign Exchange This Summer
LONDON: Recent research suggests that Britons collect a staggering GBP800 million a year in unused foreign exchange.
LONDON, ENGLAND, August 05, 2011 /Travel PR News/ -- Recent research suggests that Britons collect a staggering GBP800 million a year in unused foreign exchange. However, The Currency Club has observed a consistent growth in the number of members coming back to them with currency buy back requests on their surplus travel money once they are back in the UK.
According to a survey of British travellers, an average of GBP24 remains unspent at the end of each trip with a startling nine out of ten holidaymakers saying it's too much trouble to change the money back to sterling. For the most part, the excess cash is left in a foreign denomination with the intention of kick starting the next sunshine break's travel money fund. But, with most admitting that it normally gets forgotten and doesn't ever make it back to its country of origin, a small fortune could be piling up under last year's holiday clothes and sun cream. The survey, by MyVoucherCodes and online travel agent Sunshine.co.uk shows just how much money is being wasted each year for the sake of a few minutes to change foreign notes back to pounds sterling.
The Currency Club, the online foreign exchange specialist known for its sharp exchange rates, has launched a simple Buy Back service for surplus foreign exchange. The facility is quick and easy and based on a favourable buy back foreign exchange rate.
A wholly owned subsidiary of Sterling Consortium Limited, The Currency Club launched last year with the aim of providing a convenient online travel money solution pegged to the best exchange rates available anywhere online or on the high street.
Buy Back can be accessed by clicking on the link provided on the homepage. Simply provide details of the quantity and currency, a buy back exchange rate will be confirmed and send the currency back to The Currency Club via Royal Mail special delivery. The sender's bank account is then credited with the appropriate amount in pounds sterling.
To learn more about The Currency Club and to order securely online, visit http://www.thecurrencyclub.co.uk
The Currency Club is a young and innovative company that has introduced one of the first fully automated online retail currency systems to deal with travel money requirements for its members.
Based in London, The Currency Club is a wholly owned subsidiary of Sterling Consortium Limited. It is listed on the Financial Services Authority register (FSA no. 504439) under the PSD Directive and governed by HM Revenue and Customs as a Money Service Business
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