Archive for November, 2018

The easiest ways to exchange Spanish pesetas you have lying around

Posted on: November 20th, 2018 by c4c-admin-account No Comments

When Spain joined the eurozone back in 2002, the Spanish Peseta became illegal currency and obsolete. Over the years many other countries have joined the euro and many people are sitting on an amount of defunct foreign currency. Cash4Coins offer a simple facility to exchange Spanish pesetas and other obsolete foreign currency.

The average household in Britain has over £65 million worth of leftover foreign currency lying around in empty drawers.  Total this up and collectively this equates to a massive £1.8 billion sitting gathering dust. It should be noted this also includes all currencies, not just obsolete ones.

While this currency is now no longer legal tender, it is still worth something, even after all the time that has elapsed.  If you have any obsolete foreign currency including notes and coins, Cash4Coins will accept all this defunct currency and convert it back into cash. Many charities and fundraising organisations are now collecting leftover foreign currency to raise the much needed funds they require.

Pesetas are a popular leftover currency that most people tend to have, some even going back to 1970 up to the point Spain joined Europe. You have until 31st December 2020 to get rid of your Spanish pesetas so if you are travelling to Spain you can take them with you and exchange them at Spain’s central bank (Banco de España). If you are not going to Spain then we can exchange them for you.

We accept coins and notes from over 150 currencies from pesetas, francs, deutschmark, even old Irish notes.

Top 10 currencies gathering dust:

  1. Euros
  2. American Dollars
  3. Swiss Francs
  4. German deutschmarks
  5. Spanish pesetas
  6. French francs
  7. Italian lire
  8. Irish pounds
  9. Canadian dollars
  10. Australian dollars

When it comes to choosing how to exchange foreign coins and notes we know that you want a fast, simple, open and honest service – and that’s what you get with Cash 4 Coins. We are trusted by the public sector, national charities, banks, businesses, schools and hospitals to exchange foreign coins and (of course) to provide the best rates in the UK.

For your peace of mind we are registered under the Money Laundering Regulations (MLR) and our activities are regulated by HM Revenue & Customs. We are also proud to be a member of the IBNS, the International Bank Note Society.

 

British holidaymakers have £2.7 billion worth of unused currency

Posted on: November 9th, 2018 by c4c-admin-account No Comments

It has been revealed that households in the UK could be sitting on a goldmine worth over more than £2.7 billion.

The nation’s 34.8 million holidaymakers on average bring home around £78 worth of leftover foreign currency after every holiday. Collectively added up annually, the amount is a staggering £2.7billion of leftover coins and notes sitting idle.

On average British holidaymakers take approximately £1400 spending money when travelling abroad. The £78 leftover cash is usually the cost of a meal or perhaps an excursion. However, regular travellers among us usually fail to use leftover currency as they feel it is not a considerable amount, so they fail to spend it.

Buy back rates can be poor and could result in you being short changed. Even selling on to a friend or family member may not be the best option.  If the amount is small, many charities are now accepting this currency as part of their fundraising.

Leftover foreign currency and old UK coins and notes are an easy way to raise valuable funds for charities and non-profit organisations. Banks will not change foreign coins or small denomination banknotes which means that many people have unwanted foreign coins and notes that could be going to waste.

Here at Cash4Coins we offer a coin sorting facility where we will buy back the currency and change it into cash. We want to help charities continue with the outstanding range of help and support services for people who have terminal illness. You can help too by donating any leftover foreign currency as well as old British and Irish coins and notes.

We work with many charitable organisations, banks, airports and large companies to buy back leftover coins and notes.