I make most of my purchases when I travel by credit card (FF miles!), but I do bring some traveler's cheques as a safeguard, rarely ever using them. My question is this: when I travel to London in June, will it be easy for me to exchange travelers cheques in American dollars into British pounds? Will there be plenty of locations that will do it? I know that I could buy travelers checques in British pounds, but if I don't use them then I would take a pounding on converting them back into American dollars when I return to the U.S. Thanks in advance for any replies.
Knowing London, you probably would have as much problems as if I took GBP Travellers Cheques to the USA.
If you can find somewhere to change them the exchange rate will probably be horrendous.
What I do is if I do not use all my USD TC's I keep them until my next trip :D