Sir, – David Curran was put through the wringer before he was allowed to buy $200 Australian at his local post office (Letters, January 19th). The An Post website states that anti-money-laundering legislation “means we are required to check personal ID for customers changing over €1,000″. Perhaps Mr Curran was dealing with an over-zealous official.
The same website proclaims “0 per cent commission on foreign currency exchanges” and I have seen the same advertised in my local post office. But a closer look at the offering will reveal that An Post’s buy/sell spread for foreign currencies is of the order of 6 per cent to 7 per cent. Mind the gap! – Yours, etc,
PAT O’BRIEN,
Rathmines,
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