Brexit: your currency questions answered

• • Smart money • 0

Confused by Brexit? Unsure what it means for your holiday money? There have been so many queries about Brexit ahead the UK’s scheduled departure from the EU on 31st October that FairFX has set up a dedicated Brexit Support Desk. Here, Ian Strafford-Taylor, CEO of FairFX, answers some of the most common questions the support desk has tackled. 1. What impact has Brexit had on the pound? As it stands, the pound is 12% lower against the euro since the day of the Brexit referendum in June 2016. This means Brits heading to Eurozone countries will now get £132 worth […]

Post Brexit Travel

• • Explore the world • 2

Government has said that the UK will leave the EU on the 31st of October. This means if you plan to holiday in Europe after this date, you’ll need to think about the effects this will have on your travels. Here are some useful points on how Brexit might affect your travel plans. Is your passport valid? Passport requirements when travelling to a country in the EU are changing. This means that you will need to: Have at least 6 months remaining on your passport (from the date you return) Have a passport that was issued within the last 10 […]

Brexit and the pound: holidaymakers’ currency questions answered

• • Smart money • 0

If you’re planning a summer escape, but aren’t sure what Brexit means for your holiday money, then you’re not alone. There have been so many queries about Brexit, the ongoing negotiations and the impact it has on exchange rates, that FairFX has set up a dedicated Brexit Support Desk. Here are the answers to some of the most common questions the support desk has tackled. What has the delay to October meant for exchange rates? The pound has been on a rollercoaster journey against the euro since the 2016 referendum. The continued uncertainty that comes with the extension of Article […]