Hi there, my friend and i would be leaving for Barcelona and Madrid tomorrow. In light of all the apparent recent robberies and such, we have decided to bring money in the form of Thomas Cook's traveller's cheques in the currency of Euros. We wonder if the best place to change these cheques into pesetas would be at the airport or maybe some place in the city area? Tried looking for a thomas cook office in Madrid or Barcelona online coz then we won't be charged commission but could not find. Anyone has any ideas? thanks!

I have never used the Thomas Cooke travelers checks anywhere, but in Mexico. But in Spain, I'm sure you could take them to any old national bank and cash them, probably being charged no more commission than you would if you had the American Express travelers checks. Good luck and have fun!!

Saludos, MadridMan

Hola, a better idea is to just use ATMs when you are here and take out what you need - 10.000 or so and use charge cards for everything else.

1) You are not carrying loads of cash, in cheques or not.
2) There is a machine on every corner.
3) You get the best exchange rate.