Changing Stirling into TL

CJtill


Joined: 02/05/2008
Posts: 836

Message Posted:
20/04/2009 19:03

Having a few days in Turkey and need to change £s to tl.

Is it best to change money in Girne high street or at a Turkish resort?

Any advice would be appreciated.

keithcaley



Joined: 13/06/2008
Posts: 2521

Message Posted:
20/04/2009 19:30

This might help: -

http://www.cyprus44.com/forums/14009.asp

keithcaley



Joined: 13/06/2008
Posts: 2521

Message Posted:
20/04/2009 19:40

Sorry!

I just re-read your post and realised that you (obviously!) meant Mainland Turkish Resort...

I'm afraid I haven't a clue - but someone else might, and at least it's kept the topic to the top!

Keith.

erolz


Joined: 17/11/2008
Posts: 3456

Message Posted:
20/04/2009 20:20

The best way is to draw out TL from a cashpoint against a UK Nationwide account.

kagsywhite


Joined: 18/04/2009
Posts: 8

Message Posted:
20/04/2009 20:22

Erolz



Do you know if there are any cashpoints near Lapta that accept Natiionwide?

Thanks

erolz


Joined: 17/11/2008
Posts: 3456

Message Posted:
20/04/2009 20:26

My Nationwide card is a visa, and almost all the cash point machines in TRNC accept visa cards.

kagsywhite


Joined: 18/04/2009
Posts: 8

Message Posted:
20/04/2009 20:28

Are there many cashpoints in the Lapta area though?

skybluesam


Joined: 24/12/2008
Posts: 447

Message Posted:
20/04/2009 20:52

Corinne/Mick,

You will get a better rate in Turkey when changing sterling.

Nick

CJtill


Joined: 02/05/2008
Posts: 836

Message Posted:
20/04/2009 22:07

Now believe nationwide have introduced a charge for cash withdrawals in non EEC Countries. If you do this it might be worth checking out as it may prove to be an expensive option.

batgirl


Joined: 04/02/2009
Posts: 676

Message Posted:
21/04/2009 09:20

Turk bank in Alsancak accept nationwide cards in the small complex opposite the golden lady

skybluesam


Joined: 24/12/2008
Posts: 447

Message Posted:
21/04/2009 11:13

C/M, The Nationwide charges do not apply in Turkey/Kibris.

Nick

Amber


Joined: 26/09/2008
Posts: 561

Message Posted:
21/04/2009 11:25

Karen,



As far as I know there are currently no cashpoints in Lapta. The first one is Turk Bank in Alsancak.

flightholiday


Joined: 19/07/2007
Posts: 3217

Message Posted:
21/04/2009 11:47

From the Visa link on Nationwide

Please click the letters below to find the country you are visiting and check to see if you'll be charged a fee. Unless stated otherwise a fee will be charged.



Cambodia

Cameroon

Canada

Canary Islands - No fee charged

Cape Verde Islands

Cayman Islands

Central African Republic

Chad

Channel Islands - No fee charged

Chile

China

Christmas Island

Cocos Island

Colombia

Comoros

Congo

Cook Islands

Corsica - No fee charged

Costa Rica

Croatia

Cuba

Cyprus - No fee charged

Czech Rephublic - No fee charged



Namibia

Nauru

Nepal

Netherlands - No fee charged

Netherlands Antilles

New Caledonia - No fee charged

New Zealand

Nicaragua

Niger

Nigeria

Niue Island

Norfolk Island

North Korea

Northern Marina Islands

Norway - No fee charged



Taiwan

Tajikistan

Tanzania

Tenerife - No fee charged

Thailand

Togo

Tokelau Island

Tonga

Trinidad and Tobago

Tunisia

Turkey - No fee charged

Turkmenistan

Turks and Caicos Islands

Tuvalu

flightholiday


Joined: 19/07/2007
Posts: 3217

Message Posted:
21/04/2009 11:50

Nationwides rules a :



Using your FlexAccount debit card or credit card to make cash withdrawals abroad

When you are withdrawing cash from an ATM abroad you will be given the cash in the local currency. The transaction will be converted to sterling on the date the transaction is debited from your account, at the rate of exchange applied by VISA. For more information you can view the Visa website. Please note, Nationwide are not responsible for the content or accuracy of third party websites.



Both the VISA and DELTA logos are shown on the FlexAccount debit card and cash can be withdrawn from any ATM, bank or building society which display these logos.



The Visa charge will apply to cash withdrawals made outside of the Visa Europe region.

flightholiday


Joined: 19/07/2007
Posts: 3217

Message Posted:
21/04/2009 11:53

Nationwides rules b :



Using your FlexAccount debit card or credit card to make purchases abroad

When using your card to make purchases abroad, retailers may offer you the opportunity to pay in the local currency or sterling. If you pay in sterling, commission is normally charged on the transaction by the retailer. In countries in the Visa Europe region, we would recommend that the transaction is processed in the local currency as the Visa charge does not apply. However, in those countries where the Visa fee is applicable, we are unable to make a recommendation as we are not able to confirm what commission charges are applied by the retailer.



NOTE the information on use of foreign cureny (TL ) so try to buy in TL



Nationwides rules c :



Visa charge a fee for each transaction and Nationwide currently pays that fee on your behalf.



We will start to pass this fee onto you from 6 May 2009 on credit card and from 1 June 2009 on debit card and it will be included in the sterling>

flightholiday


Joined: 19/07/2007
Posts: 3217

Message Posted:
21/04/2009 11:57

Sorry 13/14/15 slightly off the mark but as a lot of people on this board have opened accounts with Nationwide Building Society mainly to make use of their cash card facility I thought getting the exact information on the new rules might be of assistance.



By the way as at today they say:

The fee is currently 0.84%. From 1 July 2009 this fee will increase to 1%.

erolz


Joined: 17/11/2008
Posts: 3456

Message Posted:
21/04/2009 15:35

flightholiday the link is here btw



http://nationwide.co.uk/current_account/foreigntransactions.htm



and as it clearly says



"Turkey - No fee charged"



Visa does not charge Nationwide for transactions, either cash withdraw or purchase, in Turkey or TRNC and thus Nationwide do not pass this charge onto customers, because there is not one.



For converting sterling to TL (in not large amounts) using a nationwide current account debit card on a local cashpoint machine remains the most cost effective method. No charges (from visa or nationwide) and a very competetive exchange rate.

erolz


Joined: 17/11/2008
Posts: 3456

Message Posted:
21/04/2009 15:44

Just to be clear Nationwide has several different cards.



Current account debit card - visa badged, no transaction fee for TL cash withdrawals in Turkey / TRNC, or purchases.



Cash Card - not visa badged, can only be used for withdrawing cash not for purchases, no transaction fee for local withdrawals anywhere in the world.



Credit Card - there is a fee for withdrawing cash with this card (cash advance fee), in any currency. This is not to do with currency conversion but a standard fee that all credit cards have to some degree re cahs withdrawl.