Why choose Thomas Cook Travel Money for Home Delivery? Need to contact us about Travel Money? RESERVE AND COLLECT For reserve and collect order queries, please contact your local store. Commonwealth Office have up-to-date advice on staying safe and healthy abroad. For more on security, local laws and the latest travel information, visit the FCO Travel Aware website or view our guide to Travel Advice and Safety. The advice can change so check regularly for the latest information.
Your financial protection Holidays: All flight-inclusive holidays on this website are financially protected by the ATOL scheme. Thomas Cook Retail Limited act as an agent for licenced Tour Operators. When you pay you will be supplied with an ATOL Certificate. Flights: Not all flights offered and sold by Thomas Cook will be protected by the ATOL scheme. If you do not receive an ATOL Certificate then your flight booking will not be ATOL protected. ATOL protection does not apply to the other services offered on this site.
In the forex market, you buy or sell currencies. Placing a trade in the foreign exchange market is simple. The objective of forex trading is to exchange one currency for another in the expectation that the price will change. More specifically, that the currency you bought will increase in value compared to the one you sold. Two weeks later, you exchange your 10,000 euros back into U. An exchange rate is simply the ratio of one currency valued against another currency. CHF exchange rate indicates how many U.
Swiss franc, or how many Swiss francs you need to buy one U. The reason they are quoted in pairs is because, in every foreign exchange transaction, you are simultaneously buying one currency and selling another. Here is an example of a foreign exchange rate for the British pound versus the U. When buying, the exchange rate tells you how much you have to pay in units of the quote currency to buy one unit of the base currency. In the example above, you have to pay 1.