Post office strike and travel money deliveries
Members of The Communications Workers Union (CWU) which includes postal delivery staff, have voted to strike in a dispute with Royal Mail over job security and terms and conditions of employment.
Strike dates at the time of writing have not been announced but if they do go ahead they could target dates in the run up to the Christmas period.
If you are travelling abroad soon or in the next couple of months then it would be wise to bear in mind your options for obtaining Travel Money if strike dates are called.
All of the home delivery suppliers use Royal Mail insured post so your delivery will be affected if it falls on a strike day. Even if you pay for next day delivery this will not be guaranteed.
There are a couple of things you can do to make sure you don’t get left without your holiday money.
Click and Collect
You can visit our click and collect pages, enter your postcode and find the suppliers and the best rates nearest to you. OK this means you have to make a trip to your local foreign exchange bureau but the rates you get will be the same as their online rates and if you only need a small amount you could save a lot on delivery charges. With most suppliers you can usually pick up within 24 hours for euros and US dollars.
With other currencies we advise that you reserve at least 3 days before you want to collect it as they may have to order it in. And it’s important to remember that you must order online to get the online rates, if you just walk into the store you will get a lower rate.
Although it’s not certain, bear in mind that any industrial action could include other Post Office staff.
Allow more time
This may seem obvious but it’s easy to leave travel money until the last minute. There is no way of predicting exchange rates so if you are hanging on to get a better rate your gamble could go either way. If It’s more convenient for you to have home delivery or you can get a better rate by choosing this option, just allow an extra day or two. We normally recommend 3 business days but if a strike is announced near to your trip then we would suggest a minimum of 5 working days.
Whatever you do, don’t wait and pick up your currency at the airport of train station exchanges. The rates are notoriously bad and certainly the worst you will fine anywhere else.
It might be that Royal Mail and the CWU will sit down together and come up with a compromise to avert any strikes but if not – be prepared!