F.A.Q.

Questions our customers have been asking us:

  1. Why should I buy foreign money before I leave home?
  2. Can I use my credit card or bank debit card to obtain local currency in other countries?
  3. What about travellers' cheques?
  4. Should I exchange money at the airport?
  5. Where can I find the rate a currency was trading at a few months ago?


Why should I buy foreign money before I leave home?

You should always try to have some local currency with you when you arrive at a foreign destination. You will need some for immediate expenses such as bus or taxi fares, phone calls or tips, and you may find it difficult to change money in the place or at the time you arrive. Wellington Foreign Exchange offers rates which we believe are better than those available at many airports and currency exchanges in other countries (and we would be glad to hear of any comparisons you make).


Can I use my credit card or bank debit card to obtain local currency in other countries?

You can use credit cards or bank debit cards in most countries. You should always check with your bank or credit card company to see what fees may apply for international use.


What about travellers' cheques?

Wellington Foreign Exchange accepts travellers’ cheques in U.S. dollars (American Express only) or Canadian dollars if the proceeds are being converted to another currency. We do not sell Travellers’ Cheques .


Should I exchange money at the airport?

It's convenient, but often expensive. We suggest you check and compare rates.


Where can I find the rate a currency was trading at a few months ago?

Historical rates for most currencies can be found at www.oanda.com/


Notes on Particular Currencies

Currencies of the British Isles

The United Kingdom (England, Wales, Scotland and Northern Ireland) uses the Pound Sterling; the Republic of Ireland (or Eire, with Dublin as its capital) uses Euro notes and coins.

In England and Wales the paper money in daily use is issued by the Bank of England. These notes will be accepted anywhere in the United Kingdom.

Scotland uses its own paper notes, issued by three Scottish banks with designs depicting Scottish historical and literary figures. It is the money in everyday use, but Bank of England notes are also accepted, and have the same value.

The six counties of Northern Ireland have their own paper money, which is a Sterling currency with the same value as the pounds used elsewhere in the U.K. Bank of England notes are also accepted.

Distinctive paper money is also in use in each of Guernsey, Jersey and the Isle of Man. We do not buy or sell these currencies.

All of these banknotes are legal tender throughout the U.K., but as a practical matter you may find people reluctant to accept some of the less-familiar notes in places where they are not in daily use.

Wellington Foreign Exchange regularly carries, and buys, the paper notes of the Bank of England and the Euro. We also have the money of Scotland and Northern Ireland on hand, and able to buy it. We will be pleased to try to fill any special requirements you may have for any of these currencies, and to answer any questions you may have


The Euro - €

Many of the member countries of the European Union have adopted a common currency known as the Euro. The new currency has been in use since January 1, 2002. Notes of the former currencies of some of the countries are exchangeable for Euros at that country's central bank.


Cuban Currency

The Cuban Currency is Restricted and cannot be bought or sold outside of Cuba. We recommend taking Canadian dollars with you and exchanging them at the airport or your resort or hotel.