January 24th - Uncovering the Secrets of Currency Exchange
Simon Calder's Independent Travel Podcast
The Independent
3.6 • 628 Ratings
🗓️ 24 January 2024
⏱️ 9 minutes
🧾️ Download transcript
Summary
Join me, Simon Calder, as I explore the world of currency exchange at Currency Online Group in London Waterloo. In today's episode, I speak with Lee Davey about the nuances of foreign currency transactions, the impact of digital payments, and predictions for exchange rates.
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Transcript
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| 0:00.0 | Hello and welcome to today's independent travel podcast with me Simon Calder. |
| 0:09.4 | It's Wednesday the 24th of January and I am in one of my favourite buildings anywhere. |
| 0:15.4 | If you've been to London Waterloo, Fast Station, kind of opposite the main platforms, you will find really quite a handsome |
| 0:25.7 | building. And there's an entrance just to the left. And if you go in there, well, you'll find |
| 0:30.4 | that it's a shared space, lots of different offices from lots of different organisations, lots of |
| 0:35.8 | very trendy hipster types. So as you can imagine, I fit in very |
| 0:39.8 | well. Anyway, the reason I'm here is because this is where I get my foreign currency from. |
| 0:46.1 | There's a company called Currency Online Group, and they have an operation here where you, |
| 0:53.8 | unlike sort of queuing up outside of Bureau de |
| 0:56.2 | Chezsche, you are actually given effectively a seat, a cup of tea and then somebody will come |
| 1:03.1 | and find you and having pre-ordered your money, you will collect it. You pre-order it and |
| 1:08.8 | prepay for it. I was a little surprised the first time I tried |
| 1:13.1 | it, but now I am a regular customer, as long as the rates are right. Anyway, I am with Lee Davy, |
| 1:21.8 | who works here. He's just got me a modest number of dollars for my impending trip. Lee, thank you very much |
| 1:29.5 | indeed for joining us. This is an extraordinary location. Yeah, thank you. We've been running |
| 1:35.0 | this service here at Scott House for about two and a half years now. We really enjoy giving |
| 1:39.7 | the service in this way, a lot more private and discreet. People come here for all sorts of amounts. |
| 1:46.2 | A lot of people surprisingly come on their own as well. So being discrete is very important. |
| 1:51.0 | As you would have seen, there's no sign saying you're walking out of a bureau. No one's on your |
| 1:54.9 | shoulder watching and listening what you're up to. So yeah, we get lots of people here on |
| 1:58.8 | recommendations, people returning like yourself. |
| 2:02.1 | And yeah, we have great rates, which sort of keeps everyone flowing here and being happy with |
... |
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