P
Pedro~UK
Guest
Hi everyone, hope you're all OK. Haven't posted here for a long while but just booked a villa for next March through a US company, payment in $$$. With the exchange rate so good, asked them what they would offer if I paid up front now. Surprisingly they offered me a further 10% off (already had a good deal) so decided to go for it.
The discount, less loss of interest for 10 months gives me an equivalent rate of around 1.90/£. If the pound climbs above that in the meantime, of course that's the risk you take. More importantly if it falls, I'm locked in at $1.90 so quite happy with that and if rate does improve, all the better for spending money next year.
Thought I would post this so if any others have the chance to pay upfront in Dollars, would be worth asking what sort of deal you can get.
Peter
The discount, less loss of interest for 10 months gives me an equivalent rate of around 1.90/£. If the pound climbs above that in the meantime, of course that's the risk you take. More importantly if it falls, I'm locked in at $1.90 so quite happy with that and if rate does improve, all the better for spending money next year.
Thought I would post this so if any others have the chance to pay upfront in Dollars, would be worth asking what sort of deal you can get.
Peter
We like saving some pennies 
