San Stefanos Online ~ North West Corfu
Welcome to San Stefanos (NW Corfu) => San Stefanos news and views => Topic started by: Jackson on September 08, 2020, 02:01:49 PM
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We are due to fly to Corfu on Monday from Manchester staying at the little prince. In the past we have been totally local currency with cards as back-up.
What is it like this summer, is cash generally still used? I cant remember the last time I got cash from an ATM in the UK. Are most people in the village paying with their cards or is cash still freely used. I don't want to offend the locals with my grubby notes.
I was thinking reduced currency (tip money) or can that be added to the bill and paid for by card. I know early in the pandemic, access to bank funds was limited, so is cash still king? I don't want to order a stack of currency if its not needed or (and I hope not) the holiday gets cancelled last minute due to further changes.
Thanks in advance
J
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By law, all venues in Greece must accept plastic for payments over €30. I'm not sure if there's a lower limit. The best way to pay is to use a non-fee credit card, such as the Halifax Clarity card for meals, and use cash just for a few drinks or a bit of light shopping.
Either way round, the pound-euro rate is dismal at present. It got worse today as the "government" announced that it might renege on an international treaty it had freely signed.
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Cash is more than welcomed
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Not the best of rates, but it was a lot worse mid-covid this year - 1.06 mid-rate 19Mar20, currently 1.10. At Jlewis currently they are giving 1.0931.
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Hi
We always use cash in San Stef and did again this year but plenty of people were using cards too
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We went in August and cash is welcomed still. We only paid for one meal on a card towards the ends when cash funds were drying up ;)
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Either way round, the pound-euro rate is dismal at present. It got worse today as the "government" announced that it might renege on an international treaty it had freely signed.
Go Boris ;)
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Go Boris ;)
He went when you were not looking - sorry TB BBC (https://www.bbc.co.uk/news/uk-54081131) I'm afraid! Just as well you are in Wales....
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Thanks all.
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I see this morning the pound to euro rate creeping up - on Spot showing 1.13 today - best it's been in past few weeks .......
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Back down again this morning to 1.11 on Spot......
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That's probably because of the disastrous effects of the virus at the moment. Things will almost certainly improved when the vaccines have an impact - probably by Easter.
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Creeping up again 1.16 on spot rate today.
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Got our Euros safely tucked away from last years postponed trip, looking forward to splashing out in SS this year 8).
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1.14 on TravelFX just now. That's not bad. Considering getting some ready for the green light.
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Pound is up again. Now 1.1534 on TravelFX.
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1.1649 at present which is the highest since March last year. It seems there's a steady rise which is good and all this with the UK and EU at loggerheads over the protocol. May get to around 1.17 or 1.18 come the summer hopefully.
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TravelFX dropped to 1.1441
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Seen it has dropped a point today.......1.16 on Spot now.
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On the way back up now.....1.1714 at the mo.
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Still rising 1.1725 today.
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Up again 1.18 on spot this morning.
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Pound edged up against the Euro today. Interbank rate is 1.17 and cash on TravelFX is 1.1571
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Pound to Euro on Spot looking good today 1.19 ?
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Pound to Euro on Spot looking good today 1.19 ?
I would hate to think how many people are sitting on an awful lot of Euro due to not going away because of covid, must be millions of €.
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I would hate to think how many people are sitting on an awful lot of Euro due to not going away because of covid, must be millions of €.
Yep I have over e1000 sitting in my wardrobe awaiting our visit to Tenerife in December and Majorca next June (this years holiday reassigned).
TravelFX 1.1726 as at 3pm today.
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TravelFX 1.1773 today and still rising. 1.1921 exchange rate overall. Apparently its the pressure of rising covid cases and the new lockdowns in some countries causing the rise.
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Yes indeed. When the WHO says that the situation in parts of Europe is very serious the markets react!