Newspaper article from our research archive:

Travel agent is top for cheap foreign cash

A travel agent has been named as the cheapest place to convert foreign currency, offering consumers better value than banks and the Post Office, a consumer group said.

Magazine Which? said First Choice offered the best deal for holidaymakers looking to buy $500, charging a total of Pounds 260.42.

Marks & Spencer came in second place, charging Pounds 260.69 for the same sum, followed by HSBC at Pounds 261.10.

But at the other end of the scale, Thomas Cook was found to be the most expensive place to change money, with consumers paying Pounds 274.73 for $500 - Pounds 14.31 more than First Choice, even though it also offered commission-free currency.

Fellow travel agent Going Places came second ...

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