23 Best Currency Exchange In London 2024

If you’re visiting London, or if you’re a fully fledged Londoner, when you exchange your money, you want to make sure that you are getting the best currency exchange in London. Whether that’s from a traditional bureau de change, an ATM, or the bank.

After all, the less you spend on currency exchange, the more you have left to spend on your holidays! Or, the more money you have leftover at the end of your holiday. Exchange rates and fees will vary depending on the provider- but the good news is that there are currency exchange providers all over the city. Scroll on to find out list of the best 23 places to exchange your currency in London.

Where can you exchange money in London?

Bureau de Change

A bureau de change is a typical place to go where you can exchange foreign currency. It’s a business that makes money by buying foreign currency and selling it at a slightly higher exchange rate. It’s often the first place people will go to exchange money in London.

However, not all bureau de changes are made equal. Watch out for the kiosks in very central London locations, tourist hot-spots and airports. Try and avoid them if possible. Due to their convenient location, these kiosks will often charge high add-on fees. They are not the best currency exchange option, unless you need to exchange your money urgently.


If you have a bank account already, your bank will usually exchange money for you. It’s usually possible to order your foreign currency in advance, and then have this delivered to your home or your local bank branch.

However, the fees and rates involved can vary between banks. So do some thorough research before defaulting to this option, as you could end up paying over the odds to exchange your foreign currency.

Cash Point ATM

If you’re already in London and you’re visiting the city, you can of course withdraw GBP from the readily available ATMs. However, your bank will usually charge you for withdrawing cash from an ATM in a foreign country and currency with your debit card. You’ll usually be charged a fee, and you probably won’t get a very good exchange rate.

You can bypass this issue somewhat by using challenger bank cards like Monzo,Β Starling, orΒ Revolut, you can usually withdraw money at a foreign ATM (up to a certain amount) without incurring a currency exchange charge like you would in a standard bureau de change. However, in some instances, third party providers may charge a withdrawal fee and weekend fees may apply too, so check beforehand.

What is the cheapest way to exchange money in London UK?

The cheapest way to exchange money in London is to go to a commission free or 0% commission bureau de change outlet. There are plenty in Central London, but be sure to use a trusted and reputable firm.

You can check whether or not a provider is reputable, by making sure that they are properly licensed, with a valid MSB certificate issued by HMRC.

To make sure that you’re not paying over the odds for your currency exchange,  check the listed exchange rate vs the interbank exchange rate to understand the true cost of the currency you are exchanging. The difference in price will include some margin and exchange charge, but make sure that you are happy with the difference.

Alternatively, check out our list below of our top 23 best currency exchanges in London, to find your nearest reputable provider.

Which UK bank has the best foreign exchange rate?

Exchange rates at UK banks tend to vary depending on the amount of money that is being exchanged. For example, you may get better rates when exchanging more than Β£10,000- however, that is unlikely to apply to most holidaymakers. You can find a list of bank exchange rates here.

It’s worth mentioning that you would need to have an account with the bank you intend to exchange currency with, so it’s more of a case of whether your bank has a good foreign exchange rate or not. If not, you may wish to exchange currency with a bureau de change or similar.

Where can I get the best exchange rate in London?

To get the best exchange rate in London, you can use this handy calculator from Money Saving Expert. Enter the amount you would like to exchange, and the calculator will show you the result of the best place to exchange your money that day. It’s super easy!

And if you want to know which providers you can trust? The below table shows the most well known and reputable providers in the UK and London.

Thomas Exchange GlobalLocations throughout Greater London, including Covent Garden and Victoria Palace Shopping Centre (Near Buckingham Palace)For daily rates, see their website
Currency Online GroupWaterloo Station: Suite 1, The Concourse, Waterloo Station, Scott House, London SE1 7LYFor daily rates, see their website
Post OfficeAvailable on most London high streetsFor daily rates, see their website
John Lewis Travel MoneyOxford Street: 300 Oxford St, London W1C 1DXFor daily rates, see their website
ACE-FXCanary Wharf: Unit 8b Canada Pl, London E14 5EQ
London Bridge: Unit 37, Bridge Station, Lower Concourse, London SE1 9GP
For daily rates, see their website
Covent Garden FXCovent Garden: 30, Jubilee Market Hall, London WC2E 8BEFor daily rates, see their website
Change GroupLocations throughout Greater London including Oxford Street, Charing Cross Road, and HarrodsFor daily rates, see their website
EurochangeLocations throughout Greater London including Liverpool Street, Leicester Square, and QueenswayFor daily rates, see their website
List of the reputable, best currency exchanges in London

The best currency exchanges in London

It’s worth noting that depending on how much money you wish to exchange, sometimes the cost of making the journey to a specific location or bureau de change isn’t worth it for the small saving made. Of course, sometimes the saving is big and it’s totally worth it, but sometimes a long journey across London just isn’t worth it!

Thomas Exchange Global

Thomas Exchange Global has a fantastic reputation for commission-free currency exchange across the country. Click and collect is available, as is home delivery on foreign currency.

There are more than 12 branches across London, including several in central London locations which are extremely convenient. There’s no excuse for using the ultra-expensive, high commission alternatives when you have these branches available in key areas of the city. See their full list of branches here, with store highlights listed below.

1. The Strand

πŸ“ 402 The Strand, London, WC2R 0NE

2. Victoria

πŸ“ 141 Victoria Street London, SW1E 6RA

3. Vauxhall

πŸ“ 330 Vauxhall Bridge Road Victoria, London, SW1V 1AA

4. St Paul’s

πŸ“ 39 Ludgate Hill St Pauls, London, EC4M 7JN

Currency Online Group

Currency Online Group is first and foremost an online currency exchange, but they do have one retail branch in Waterloo train station. However, they are closed at the weekend.

For your Monday-Friday needs however, they are an excellent choice, with outstanding Trustpilot ratings.

5. Waterloo Station

πŸ“ Suite 1, The Concourse, Waterloo Station, Scott House, London SE1 7LY

Post Office

The Post Office is a popular choice when it comes to buying and exchanging currency in London. There are Post Offices absolutely everywhere in the city. It’s convenient, and it’s also 0% commission.

For the best rates, the Post Office say to order online, with improved rates on large amounts exchanged. That said, sometimes convenience is a huge factor in finding the right currency exchange, and we’ve listed some branches in top central London locations below.

6. The Strand

πŸ“ QueensLand House, 393 Strand, London WC2R 0LT

7. Mayfair

πŸ“ 32A Grosvenor Street, London, W1K 4PA

8. Baker Street

πŸ“ 111 Baker Street, London, W1U 6SG

9. Old Street

πŸ“ 185-187 Old Street, London, EC1V 9NP

John Lewis Travel Money

Oxford Street is a tourist hub, and due to the shopping available, sometimes you need to exchange a little extra money. John Lewis is located centrally, and is a great commission free option for currency exchange in Central London.

10. Oxford Street

πŸ“ 300 Oxford St, London W1C 1DX


If you go to the south side of London Bridge, you will find an ACE-FX. This company operates with 0% commission and favourable exchange rates, this is a good option in the London Bridge area.

11. London Bridge

πŸ“ London Bridge House, 5 London Bridge Walk, London SE1 2SX

Covent Garden FX

Covent Garden FX is a well known, family run business with a central location. It’s so well loved that it was actually nominated for a British Travel Award in 2023.

The exchange is conveniently located close by to several London landmarks such as St Paul’s, London Transport Museum, and Royal Opera House.

12. Covent Garden

πŸ“ 30, Jubilee Market Hall, London WC2E 8BE

Change Group

Change Group are experts when it comes to exchanging foreign currency in London, with more than 20 years of experience.

They boast several Central London locations, perhaps most notably Charing Cross Road, next to the entrance to Leicester Square station in the heart of the West End.

13. Leicester Square

πŸ“ 35 Charing Cross Rd, London WC2H 0AT, UK

14. Oxford Street

πŸ“ 271 Oxford Street London W1C 2DQ

15. The Strand

πŸ“ 97 Strand London WC2R 0EW


With more than 20 years in the business, Eurochange are another trusted and reputable currency exchange outlet with lots of locations across central London. Unlike some other exchanges, Eurochange also unique in that they also accept traveller’s cheques.

16. Liverpool Street

πŸ“ Liverpool Street Station, Liverpool Street, London, EC2M 7PY

17. Paddington

πŸ“ 179 Praed Street, Paddington, London, W2 1RH

18. Westfield

πŸ“ Unit 2131, Westfield, London, W12 7GF

Access Bureau

Access Bureau is a family run business, with 0% commission and no hidden fees. The business has two branches located near to busy London train stations. Open 7 days a week, they are a good choice for exchanging foreign currency near Liverpool Street and Victoria.

19. Liverpool Street

πŸ“ 57 Liverpool Street, London, UK, EC2M 7PR

20. Victoria Street

πŸ“ 201 Victoria Street, London, UK, SW1E 5NE

Victoria Street FX

Another currency exchange located next to Victoria station, Victoria Street FX is another good 0% commission option for exchanging foreign currency. On their website it states that preferential rates are given on ‘large transactions.’

The branch is open 7 days a week, and offers over 50 different currencies. Opt for click and collect to avoid disappointment.

21. Victoria Street

πŸ“ 185 Victoria St, London SW1E 5NE

Holiday Money Exchange

Holiday Money Exchange is another 0% commission provider located in Central London. On Tottenham Court Road, they are well placed if you are visiting Oxford Street and the surrounding areas.

This currency exchange was founded in 2019, and has already built a great reputation for customer service. The exchange also says that their rates beat the likes of the Post Office, High Street banks, and other high street bureau de changes.

22. Tottenham Court Road

πŸ“ 48 Tottenham Court Rd, London W1T 2EF

Sterling FX

Lastly, we have yet another 0% commission exchange that is based in Central London. Having been in operation for over 60 years, Sterling FX is another trusted outlet for foreign currency exchange.

23. Edgware Road

πŸ“ 105 Edgware Rd, Tyburnia, London W2 2HX


Is it better to exchange currency at the bank or a currency exchange?

When you exchange money at your bank, you are tied to their fees and exchange rates. You can’t ‘shop around’ and exchange your currency at a different bank.

Unless your bank has very favourable rates or perks, it would be prudent to look at alternative options. This could include your local Post Office, an affordable and reputable bureau de change, or a challenger bank such as Monzo.

Should I exchange money before going to London?

London is largely cashless- you can use contactless payment card for most transactions, travel on The Underground, and taxis.

However, for extra security you may wish to exchange some money before you travel to London so that you have some back-up cash in the cash of an emergency. Just make sure you do your research and get the best exchange rates in your hometown.

Can I exchange currency at the Post Office in London?

You can exchange currency at the Post Office in the UK and London. There are Post Office branches all over the city, however not all of them offer a currency exchange service. You can their list of branches here.

The Post Office is a trusted provider in the UK, and they offer more than 60 currencies. You can also get a travel card which operates like a pre-paid debit card to use foreign currency abroad.

Do you get a better exchange rate with Tesco Clubcard?

Yes, you do get a better exchange rate with a Tesco Clubcard. You’ll get Clubcard Prices on your travel money, which means you get a better rate than the standard rate that is advertised in-store or online on that given day.

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