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Daily Record
Daily Record
Lifestyle
Linda Howard

Post Office foreign money sales rise as more people book wintersun holidays this year

Foreign currency sales in Post Office branches have increased as families enjoyed the first school break of the new term and the relaxation of travel restrictions.

The relative strength of the pound has helped to bring down prices for winter sunseekers heading from the UK to some overseas resorts, Post Office Travel Money said.

Nick Boden, head of Post Office Travel Money, said: "Sterling has remained buoyant this year despite the difficulties that Britain has faced and is currently worth around 8% more against both the euro and the Croatian kuna than a year ago. This has had a positive impact on holiday demand and Post Office branches have seen big rises in currency sales in advance of the half-term holiday.”

He added how in September, euro sales were more than treble those from earlier in the summer as well as being double the volume sold last September.

Turkey topped the Post Office's analysis of 10 overseas destinations in terms of value for money.

When Post Office Travel Money calculated the average cost of a one-week package deal for two adults and two children, it found that families could potentially find a holiday package for around £1,500 to £1,600 in Turkey, Croatia and the Algarve.

EasyJe t revealed last week that Turkey is among the destinations which have recently had a big jump in destination sales.

People considering a holiday abroad should check the latest Government travel advice here.

They should also check what their travel insurance policy does and does not cover in relation to coronavirus, as terms and conditions vary.

Some insurance providers have recently relaxed some of their rules.

Earlier this month, Direct Line and Churchill announced they had removed some restrictions to travel cancellation cover which were put in place last year.

They said this would support the recovery of the travel industry and give customers greater confidence to travel if they wish to.

The changes were also applied to the worldwide family travel insurance offered to customers of Nationwide Building Society's FlexPlus current account, which is underwritten by Direct Line.

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