ACE-FX
Government issued ID is required with all transactions Our opening times have changed for New Year's Day. Please note that our Canary Wharf branch will be closed on that day.

Most Common Questions on British Travelling to the EU Answered

The day before the departure date, we are sorting out what Brexit will change when it comes to travelling, exchanging currencies, and holiday money. This once-in-a-lifetime event will, no doubt, have numerous implications regarding British consumer rights and finances. These are some of the answers Britons who plan to book their holidays for the year should know.


1. What is going to change in terms of travelling across Europe?

In 2020, nothing will change for the British who want to travel to the EU countries. You won’t need any visas or permits if you are travelling as a tourist. Tourists will be still allowed to reside here for 90 days maximum in a 180-day period.


2. How will Brexit impact the value of the pound?

Numerous questions about the relationship between the Great Brittan and the EU are yet to be answered. Yet, the value of the pound is not on this list. Even though we would have to wait until February 3rd to make sure of it, there is no expectation Brexit will low down the value of Sterling.


3. Still, how can I ensure getting the exchange rate I am happy with?

Ian Stafford-Taylor, an international money expert, advises the Britons to lock-in their prepaid card rates when the pound is doing well. When the money is on your card, you can leave any leftover cash for the next trip.


4. Will Britain’s exit from the EU affect using my card in the EU countries?

No. You can use your bank card with confidence.


5. Do I have to renew my passport as soon as the UK leaves the EU?

European Union passports grant a range of privileges to the EU citizens. Still, you won’t have to renew your passport all until its normal expiry date. On that day, the power of the EU passport will cease and you will get a new passport.


6. Will I get the same protection as before if I buy a package holiday from an EU travel firm that targets UK consumers?

Travel companies that target the British will still provide protection to their customers in case they become insolvent after Brexit. All EU traders targeting UK citizens will still have to comply with the laws and protect their UK buyers.

However, beware of the EU-traders that are not specifically targeting the British. Purchasing packages from them won’t include the same level of protection.


7. Will I still get free health care?

EHIC – The European Health Insurance Card will be valid during the whole 2020. Yet, the UK government turned down the prolongation of EHIC for the next two years. They even recommended travelers to purchase other insurances as if they would be visting non-EU countries.

So far, it looks like the government is more eager to make health care arrangements for the British on their own.


8. What is going to happen with the EU Pet Travel Scheme?

Until now, you could travel with your cat, dog, or ferret if they held an EU passport. This required taking them to a vet, vaccinating your pet, and microchipping. Yet, what now? After Brexit, you can continue to travel with your furry friend under the current rules – all until December 2020. The EU Pet Travel Scheme will remain valid until then, while the rest depends on the agreement. You may be needing to prepare your feline, dog, or a ferret up to 4 months for the trip, or just pay a very little charge. This topic remains open.



If you want to ensure completely carefree holidays in 2020, make sure to email us or visit one of our branches and order your holiday money at no-free rates Ace-FX offers.

Order form

EUR - Euro
Exchange Rate
1.181
GBP
GBP
EUR
EUR

Need to sell currency? Go to Sell Currency

Order form

EUR - Euro
Exchange Rate
1.224
EUR
GBP
EUR
£ 0.00

Need to buy currency? Go to Buy Travel Money

FASTER, SAFER PAYMENTS

Pay instantly and safely with fast bank transfers