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Will Brexit affect travellers transferring money to European Union? | Travel News | Travel

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Brexit discussions remain shrouded in uncertainty yet negotiations are already sparking tangible impacts on the pound, passports and holidaymakers plumping for their vacation destination. While UK Prime Minister Theresa May continues to attempt to thrash out a Brexit deal with European Commission president Jean-Claude Juncker, the pound is finishing the week on a “strong” note. Yet those Britons booking trips overseas have been revealed to have shunned Europe for other destinations, amid the uncertainty. There has been a two per cent drop on holidaymakers selecting destinations in Europe for their well-earned getaways.

While the potential for a Brexit no deal scenario has already seen the pound to euro exchange rate plummet, finance experts have suggested this might not be the case in one instance.

Regardless of whether a deal is secured or not, Ian Strafford-Taylor, CEO of currency expert, FairFX has told how it will likely not impact monetary transfers between the UK and EU.

When quizzed about how Brexit will impact individuals transferring money to Europe, he said the results may, thankfully, be negligible.

He told Express.co.uk: “As it stands, Brexit shouldn’t directly impact you if you’re sending funds to Europe.”

Those transferring money to EU member states could be doing so for business reasons, or because they have now relocated to Europe as an expat.

Some well-known high street banks have pledged to keep their customers’ accounts open for expats, particularly in light of Brexit.

A spokesperson for Barclays international confirmed: “If the customer subsequently moves overseas the account will remain open with no minimum balance requirements.”

Meanwhile, there have been concerns UK banks could lose access to EU payments systems.

Customers of UK banks living in the EU “may lose the ability to access lending and deposit services,” it has been claimed.

Meanwhile, Ian has issued further words of advice about the uncertain Brexit scenario and impact on travellers’ finances.

He said: “The pound is yet to return to pre-Brexit rates against the Euro, and today it’s down 13 percent against Euro compared to the day of the referendum.

“That means holidaymakers heading to Eurozone destinations are now getting £147 worth of Euros less for every £1,000 they exchange.”

“Whenever there is a parliamentary vote or update on the UK’s negotiations with the EU, we see a spike in support requests as customers try to understand what the latest developments mean for the value of the pound.”

“There’s been a significant increase in the number of queries from new and existing customers about the impact of Brexit and what it means for their business and personal international payments as well as their travel money.”

“Brexit is an unprecedented event so it’s no wonder there is heightened anxiety around the consequences it may or not have. That’s why we decided to set up a dedicated support desk to answer any Brexit-related questions and the impact on currency as far as we possibly can.”

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Travel & Escape

Christmas travel rules explained: From advance train tickets to travelling abroad from Tier 3 airports

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Q: Normally trains would be packed over the busy Christmas period. Do you have to get advance train tickets to ensure you have a seat? And what happens if a train is cancelled?

A: Sir Peter Hendy has been tasked with overseeing travel during the Christmas period by the Department for Transport. By analysing bookings and searches, the Chairman of Network Rail is looking at whether the current, reduced, infrastructure is prepared for a surge in passenger numbers with reduced capacity to ensure social distancing. The DfT is advising passengers to buy advance tickets to ensure they have a seat, and some operators such as LNER, are making them mandatory. 

On GWR services between London and the West, not all standard services will be reservable, but for those that are, GWR says “we’ll automatically allocate you a space if one is available or ask you to try another service if not. We always leave space on board for those with walk-up tickets, such as season tickets, or those who may have been disrupted.” 

Avanti West Coast is advising passengers to make advance reservations and has also relaxed its Christmas peak so that demand is spread over the period. It will be operating trains at 40-45 per cent capacity. 

Disruption is guaranteed on some parts of the network, with no trains operating from London Kings Cross between 25-30 December. LNER says: “Please do not travel to London on these dates. Trains either side of these dates will likely be busy.” It also advises against travelling on Christmas Eve and between 31 December and 3 January. 

GWR’s Night Riviera service between London Paddington and Penzance will pause between 24 December and 2 January. Engineering work is scheduled to take place on Northern routes either side of Christmas, too. 

If unforeseen cancellations arise, the Rail Delivery Group is offering reassurance that space is left on each service to allow for emergencies and cancellations. Agreements can be put in place with other operators, depending on the disruption, such as cross-acceptance of tickets. A spokesperson told i:  “contingency plans are in place and they will be very strong.” For example, if the last train of the day is cancelled, onward transport by other means could be arranged.

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Delta launching contact tracing program for international travel

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Delta announced Tuesday it will debut a new contact tracing program for international travelers returning to the United States.

The company said the program is in partnership with the Centers for Disease Control and Prevention. The program, slated to start December 15, will ask customers traveling to the U.S. from an “international location to voluntarily provide five pieces of data to aid contact tracing and public health follow-up efforts,” including:

  • Full Name
  • Email address
  • Address in the U.S.
  • Primary phone
  • Secondary phone

Delta said that under the new process, they will work with the CDC to streamline contact-tracing efforts by “directly and securely transmitting the five requested customer data points to the CDC via U.S. Customs and Border Protection.” Delta said this move will give the CDC access to the data fast, decreasing the time it takes to notify impacted customers. According to Delta, “by connecting with customers more quickly and providing public health follow-up, health authorities can help reduce instances of potential exposure and slow the spread of the virus.”

“Independent studies have shown that the many layers of protection Delta has already put in place are effectively minimizing the risk of COVID-19 transmission, and contact tracing adds one more important layer to our efforts to ensure safety throughout travel,” Bill Lentsch, Delta’s Chief Customer Experience Officer said in a statement. “We want customers to feel safe when they return to travel, and this voluntary program is another way we can provide additional reassurance to customers and employees alike.”

Delta recently announced a COVID-19 testing program that allows a quarantine-free entry into Italy for the first time. The airline also remains the only airline blocking middle seats during the COVID-19 pandemic.

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Delta unveils ‘quarantine-free, COVID-free’ plan to resume international travel

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International flights are currently limited at Orlando International Airport because of travel restrictions, but there is some hope on the horizon.

This week, Delta announced what it’s calling a “quarantine-free, COVID-free” plan to get people from Atlanta to Rome.

U.S. citizens who are permitted to travel to Italy for essential reasons like work, health and education can take part in the innovative and experimental flight program.

Delta stated passengers will need to have a negative test result 72 hours before departure, then they will need to test negative with a rapid test at the Atlanta International Airport before takeoff, upon arriving in Rome and before returning to the U.S.

“Carefully designed COVID-19 testing protocols are the best path for resuming international travel safely and without quarantine until vaccinations are widely in place,” Delta said in a prepared statement.

The program begins Dec. 19.

Industry experts said they’re really hoping Delta’s new plan becomes some sort of a role model, saying it could be the key to safely restarting international travel.

“As the tourism sector tries to recover, to have that additional influx of tourists from outside United States would be a welcome occurrence,” said Dr. Sean Snaith with the University of Central Florida’s Institute for Economic Forecasting.

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