The US Dollar buy back rates below were last updated 5 minutes ago
If you return from the States with leftover US Dollars, don’t take them to the bank! You could get a lot more money by selling them directly to a licenced currency broker who will offer you a far superior rate than anyone else on the high street. We’ve taken the work out of finding the best US Dollar buyback deals by comparing the UK’s top buyers and sellers in one place so you can see in an instant who can offer you the most cash for your currency.
Unlike when you purchase US Dollars, many currency suppliers limit what they will buy back. Some currency suppliers such as the Post Office will only buy back currency that you originally bought from them in the first place (and you’ll need to show them your receipt as proof), while other suppliers won’t buy back currency at all, or will charge you a buyback fee for the privilege of being their customer.
Fortunately there is an increasing number of licenced currency suppliers who are buying unwanted US Dollars sold to them over the internet. They are able to offer much better rates than the high street because their overheads are significantly lower. They do not have to pay expensive high street letting rates and they can sell the currency they buy from you straight on to another customer – cutting out the banks and passing the savings directly on to you. You’ll get the best US Dollar buy back rates by selling online – but don’t just take our word for it. Compare the best US Dollar buyback rates now using our unique comparison table above and see how much you could save by avoiding the high street.
There are three easy steps to selling your currency back online. All of these instructions will be explained to you as you go along and we'll also email you further instructions on what to do after you've placed your order.
Enter the amount of currency you want to sell and find the best deals using our comparison table above. If you have more than one currency to sell you can add them to your order later on. Once you've found a buyer, click 'Sell Now' where you'll be asked to fill out a buy-back order form.
We'll need a few basic details from you including your contact details, the currency(ies) you would like to sell and the bank account you would like your payment sent to. Once you've completed the quick order form you'll be asked to print a copy - don't worry if you don't have a printer handy as we'll also email you a copy and you can also write your order number on a piece paper if you don't have access to a printer. At this point we'll also send a copy of your order to the buyer so they know to expect your currency.
You'll need to then post your currency and order form (or a piece of paper containing your order number) to the buyer or drop it in to them in person if you live nearby. We recommend you send you currency via Royal Mail Special Delivery as this service is fully trackable and insured for up to £2,500 (you can split larger orders up into multiple packages if necessary).
Once the buyer receives your currency they will contact you to confirm receipt and process your payment. You will then be paid directly into your bank, usually within 3 working days of them receiving your currency.
Over the past week the US Dollar buy back rate has improved by 0.56% from last Tuesday's rate of 1.241 to today's rate of 1.2340 which means $250 is worth £1.14 more today than it did a week ago. During this period the worst time to sell was on Tuesday at 1.241 and the best time to sell was on Friday at 1.232.
The 90 day outlook has seen the US Dollar buy back rate improve by 7.32% from 1.3315 on 27th July 2016 to 1.2340 today. Based on these figures, $250 is worth £14.84 more today than it did three months ago. The worst buy back rate we recorded was 1.356 on 6th September 2016 and the best buy back rate we recorded was 1.223 on 11th October 2016.
Posted by Matthew Weston on 21st October 2016
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