Posts Tagged ‘Thomas Exchange Global’

Thomas Exchange Global Victoria Street

Monday, April 18th, 2011

I needed another load of Yen so I decided to go to the bestforeignexchange.com currency shop which is located on Victoria Street. I found it listed as one of the best foreign exchange places on the Martin Lewis travelmoneymax.com website.

thomas exchange global victoria street

Looking more closely at the bestforeignexchange.com website it turns out that this is another Thomas Exchange Global like the one I visited and reviewed on The Strand the last time I needed Yen. I’m guessing they are using different names and websites for each branch to get more coverage on the search engines and travel money comparison sites. That doesn’t matter to me though – I just want a good rate.

To get the best rates they recommend you order your money in advance with their fast track service. I did this on the same day via their website. You just enter how much of each currency you want and then submit the order. You can specify that you will pay in cash so that you don’t have to pay any money until you get to the branch.

best foreign exchange fast track order

The branch is at 141 Victoria Street, a short walk from Victoria station. As Victoria Street is a busy area I’d recommend you bring your cash in a hidden money belt. The main branding on the outside lists the shop is Thomas Exchange Global.

When I arrived I told the man behind the counter that I wanted to collect an order – and gave my name which was the order reference. As my order was worth less than £2000 they didn’t ask for any ID. He retrieved the Yen very quickly and then put my pile of £20 notes through a bank note counting machine. He then counted out my Yen by hand twice, and gave it to me with my receipt, and a small amount of British change.

In my case I didn’t request any particular bank note denominations so I can’t say what they are like for special requests – but there is a box on the order form for messages, so if you do have requests you could try putting them in the form.

From arriving at the Victoria Thomas Exchange Global branch to receiving my Yen must have taken less than three minutes. They are very quick and seem to keep any verbal communication to the bare minimum.

Both this and the Strand Branch of Thomas Exchange Global are very similar. They are very fast, and consistently appear near the top of the travelmoneymax.com list for Yen, so I’d happily use either of them again for cash orders.

I’ll have another currency exchange review coming up soon. I split my Yen order into two batches so that 1) I wouldn’t be carrying/exchanging too much money at once and 2) so that I could try out two different travel money branches.

Thomas Exchange Global in London

Monday, April 19th, 2010

Where do you go when you need foreign currency for your holiday? Do you go to your bank, post office, a high street currency dealer, or order online?

Before deciding where to get your holiday money I highly recommend you check out Martin Lewis’s TravelMoneyMax.com. He’s the guy who runs the Money Saving Expert website, and is regularly on UK TV giving advice on saving money.

On the TravelMoneyMax website you enter how much of what currency you want, and the site will tell you the best place to get it. One of the places that is always near the top of the list is the Thomas Exchange Global currency dealer at 402 Strand, WC2R 0NE in London.


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I’ve been to the Thomas Exchange Global quite a number of times to get various currencies. Here is my review of what their service is like when you visit the exchange in person to buy currency. I’m not reviewing any of their other services.

The shop itself is on the North side of the road on the Strand. It is a very small premises so you’ll have to be careful not to walk past it.

Thomas Exchange Global foreign currency exchange London

There are about three counters in the shop, but this seems to be enough as they are very quick. Ask them what price they will give you, and if you are happy with the rate, give them your money.

Once you tell them how much foreign currency you need, the person serving you passes this information onto a backroom member of staff. The backroom staff get the foreign currency ready while the counter staff member counts up your own money.

When I’ve requested smaller denomination notes they often haven’t been able to get them for me. But as long as you are happy with whatever denomination bank notes they give you Thomas Exchange Global do a good job.

They always count your original money out in front of you. If you give them a reasonable wad of notes they’ll then put it through a note counting machine to count it again.

They’ll then bring your foreign currency over, and count it out in front of you. They’ll do this at least twice. They don’t accidental want to give you too much!

To finish up they’ll give you a receipt, and give you your foreign money in an envelope.

If you are exchanging a large amount of money then I’d recommend you carry your money in a money belt to make sure you don’t lose it. And to make it less likely that it will get stolen. This is a very busy area of London and you could easily get mugged if an opportunist thief saw you walking out with a big bundle of bank notes.

Links:
Thomas Exchange Global official website.
TravelMoneyMax.com