Brits to Bring £475m Home from Holiday
Up to £475m worth of unused foreign currency estimated to be brought home this year
29th August 2005
A survey by Royal Bank of Scotland (RBS) suggests that British holidaymakers will return home with around £475m in unspent foreign currency this year. This equates to a little over 3% of the total amount spent abroad by UK leisure travellers.
While many people are likely to keep the currency for next years trip (48%) or convert it back to sterling (43%), 23% say they would donate it to charity and 31% would give it to friends or family who are travelling.
A RBS representative commented:
"It's heartening to see the holiday spirit comes home with many people and that they're happy to make a gift of their left over currency. For those who want to keep the cash for their next holiday, The Royal Bank will exchange any unused currency back into sterling."
Read More: Press Release : "Bring it Home Brits" Set to Return From Holiday with GBP475 Million
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