You won't be charged commission, but the charges will depend on which bank you card is with.

If it is a Nationwide card then there are no fees and you will get the full Interbank rate.

Most banks charge at least £1.50 per transaction and the rate you get is around 2.75% less than the Interbank rate. You can usually check online.

HERE are details of some bank's charges.

luci

Thanks Luci, thanks for the link - seems like there is no getting away from charges - we are with Nat West and they are one of the higher chargers - never mind!!

We're off to Menorca for the first time in a few weeks

Does anyone know if there are cash machines in Cala n Blanes and/or Cala n Forcat...?

Anyone know if there are many, if any at all, cashpoints in Punta Prima, or will i have to go to Mahon?

cheers

Anyone know if there are many, if any at all, cashpoints in Punta Prima, or will i have to go to Mahon?

There are 2 that i can think of on the front by the shops.

We normally use our Nationwide account as no charges for withdrawals but this has now changed if I remember correctly
Anyone have a view on this or know of an account that you can use abroad without any charges?

The nationwide now charges you 2% on sum + a £1 per transaction, but now gives a flexaccount member a very good FREE travel insurance policy which you need to phone up and ask to arrange.
So i will most probably be better off with this system rather than the old due since my yearly travel insurance was costing wife and I £60. I now intend buying my currency from the cheapest option which i find is thomas cook branch (since i do not want to purchase online and get it delivered) and pocket the free insurance. thanks nationwide

http://www.nationwide.co.uk/current_account/foreigntransactions.htm

http://travelmoney.moneysavingexpert.com/

There are conditions attached to this apparently
Just read the info on the link

You need to deposit £750 min each month
So may just go back to the old fashioned way of travelers cheques or cash lol