Good news for tourists to Northern Light: Icelandic Kronas back in Market

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While Iceland is a popular tourist destination among British travellers, the Telegraph recently warned that there is a lack of Icelandic Krona in the UK market. Despite this short supply in the market, Thomas Exchange Global announced today that it has secured an adequate supply of Krona to meet the demand of tourists and are offering it at the most competitive exchange rates in London.

Northern Light

Northern Light

Using your credit or debit card on holiday in Iceland will attract additional bank charges while exchanging Pounds, Euros or Dollars at hotels and restaurants will give an adverse exchange rate.

Iceland is a popular travel destination among British Travellers during the winter months mainly due to it being the best time to witness the beautiful northern lights. According to research conducted by gov.uk, 95,000 British Tourists visited Iceland in 2013 and tourist numbers are growing at 6% p.a. suggesting that over 100,000 British tourists will visit Iceland in 2014.

However, the UK currency market is currently experiencing a short supply of Icelandic Krona as the country’s government has limited the foreign supply of the currency. The Telegraph warns shortage of Icelandic Kronas there is an ongoing shortage of the Icelandic currency in the UK market and recommends using alternative methods.

Thomas Exchange Global, the currency specialists, announced today that they have secured sufficient stocks of the Icelandic Krona to meet tourist demand and are able to offer it at the most competitive exchange rates at present.

“Using your credit or debit card on holiday in Iceland will attract additional bank charges while exchanging Pounds, Euros or Dollars at hotels and restaurants will give an adverse exchange rate,” stated Trevor Samuel, marketing manager of Thomas Exchange Global.

As travellers select remote locations to witness the numerous marvels in Iceland, they will face practical difficulties in finding ATMs close to camp sites and being able to access money exchange services at short notice.

The Icelandic Krona can be purchased at any of our branches or can be ordered online and received the next day through Royal Mail delivery. We try and go the extra mile for our customers by securing hard to find currency and always offering it at the best rates in the market,” concluded Trevor Samuel.

About Thomas Exchange Global

As dedicated foreign exchange specialists, Thomas Exchange Global has the professional expertise, in depth market knowledge, technological infrastructure and commitment to provide an unprecedented level of service that sets the standard in the foreign exchange industry. They are specialists in all areas of foreign exchange. They provide commission free currency as well as travellers cheques.

Thomas Exchange Global also offers International Money Transfer Service where funds can be remitted to overseas bank accounts within 1 to 2 days. With commission free service for transfers over £10,000 backed by competitive exchange rates, customers are assured of a better deal and a substantial saving compared to banks and money brokers.

Thomas Exchange Global branches are located at Strand, Victoria Street, Liverpool Street, Hammersmith, Cannon Street and Wormwood Street.

For further details, visit http://www.thomasexchangeglobal.co.uk or call 020 7240 1214.

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Rasika Dissanayake
BestForeignExchange.com
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