Annual Travel Insurance
08 September 2006 UK holidaymakers hoard foreign cash
British travellers are coming home from their trips abroad with £920 million worth of unused foreign currency, a new report claims.
While some will no doubt use the money on future trips when they take advantage of their annual travel insurance, the Post Office has expressed concern that much of it will be wasted.
With the average Brit returning home with £27.78, the amount consumers are bringing back has increased by 64 per cent in the last two years.
Kevin McAdam, head of travel services at the Post Office, said: "It's easy to stash your leftover foreign notes and coins in a drawer when you get home from your travels and forget about it.
"But with one in five of us claiming to bring back £50 or more, it's shocking to discover that so much money is being wasted."
With Britons reportedly spending ever increasing amounts on holiday, adding to the cost of essentials like multi trip insurance and clothes, they are being urged to not waste any money put away and forgotten.
© Adfero Ltd
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British travellers are coming home from their trips abroad with £920 million worth of unused foreign currency, a new report claims.While some will no doubt use the money on future trips when they take advantage of their annual travel insurance, the Post Office has expressed concern that much of it will be wasted.
With the average Brit returning home with £27.78, the amount consumers are bringing back has increased by 64 per cent in the last two years.
Kevin McAdam, head of travel services at the Post Office, said: "It's easy to stash your leftover foreign notes and coins in a drawer when you get home from your travels and forget about it.
"But with one in five of us claiming to bring back £50 or more, it's shocking to discover that so much money is being wasted."
With Britons reportedly spending ever increasing amounts on holiday, adding to the cost of essentials like multi trip insurance and clothes, they are being urged to not waste any money put away and forgotten.
© Adfero LtdMore Annual Travel Insurance News
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Related Annual Travel Insurance News
29 August 2007 Beach holidaymakers get safety warning
Britons have been advised to stay safe when on the beach, as a... [more]
28 August 2007 Nearly two million Britons 'head abroad on Bank Holiday'
Almost two million Britons took advantage of the recent bank holiday weekend to... [more]
24 August 2007 Direct flights boosting Cape Verde travel
Increasing numbers of property investors and tourists alike are heading to the... [more]
23 August 2007 Britons 'prefer epic drives' to air travel
With increasing security measures at airports and risk of delays and costly... [more]
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Annual travel insurance
365 Travel Insurance
specialises in annual,
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Annual travel insurance
from 365 Travel Insurance
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travel insurance quote
specialises in annual,
multi travel insurance
to Europe and worldwide.
Annual travel insurance
from 365 Travel Insurance
covers you for an unlimited
number of trips abroad for 12 months.
Click below to get an annual
travel insurance quote