Currency exchange rates for payment
These notes are primarily intended for clients paying with credit-cards / accounts denominated in GBP or USD.
The prices of our villas are shown in EUR, GBP, and USD and you may pay in any of these currencies but payment for your deposit and your balance must be in the same currency.
Our GBP and USD prices are calculated from the EUR price using exchange rates that we update daily. Our exchange rates are similar to those you would get from your credit card provider if you decided to pay in a currency other than that for which your card is issued.
The Thinking Traveller's unique multi-currency pricing system means that when you book your villa you can EITHER lock in at our exchange rate (FIXED) OR take the risk that your credit card/bank account provider's exchange rate will be more or less favourable to you when you come to pay the balance (VARIABLE).
Fixed rates
To lock into a FIXED rate, you will pay your deposit in USD or GBP according to our € exchange rate on that day and we'll fix the € exchange rate so when you come to pay your balance (nine weeks before departure and in the same currency as you paid your deposit) you’ll have exactly the same exchange rate.
Example 1 - clients using a Sterling denominated credit card/bank account to pay for a villa costing €10,000 per week
If our GBP-Euro exchange rate on the day you pay your deposit is £0.75 = €1, you'll pay a 30% deposit of €3,000 x £0.75 = £2,250. When you come to pay the balance nine weeks before your holiday, the exchange rate will be the same, i.e. £0.75 = €1, so your balance will be €7,000 x £0.75 = £5,250.
Example 2 - clients using a US$ denominated credit card/bank account to pay for a villa costing €10,000 a week
If our US$-Euro exchange rate on the day you pay your deposit is $1.10 = €1, you'll pay a 30% deposit of €3,000 x $1.10 = $3,300. When you come to pay the balance nine weeks before your holiday, the exchange rate will be the same, i.e. $1.10 = €1, so your balance will be €7,000 x $1.10 = $7,700.
Variable rates
You will pay your deposit in EUR and when you come to pay the balance (nine weeks before departure and also in EURO), your bank will apply its exchange rate on the day you pay. This may be favourable or unfavourable to you.
Example 1 – clients using a Sterling denominated credit card/bank account to pay for a villa costing €10,000 a week
If your bank's GBP-Euro exchange rate on the day you pay your deposit is £0.75 = €1, you'll pay a 30% deposit of €3,000 x £0.75 = £2,250. When you come to pay the balance nine weeks before your holiday, and your bank's exchange rate has changed to £0.78 = €1, you will effectively pay €7,000 x £0.78 = £5,460.
Example 2 – clients using a US$ denominated credit card/bank account to pay for a villa costing €10,000 a week
If your bank's US$-Euro exchange rate on the day you pay your deposit is $1.10 = €1, you'll pay a 30% deposit of €3,000 x $1.10 = $3,300. When you come to pay the balance nine weeks before your holiday, and your bank's exchange rate has changed to $1.08 = €1, you will effectively pay €7,000 x $1.08 = $7,560
N.B. You can select your preferred currency using our online booking management system . Your balance must be paid in the currency you chose to pay your deposit.
