CURRENCY FLUCTUATION FAIR TRADING ADDENDUM TO STANDARD TERMS AND CONDITIONS – APPLICABLE 1 MAY 2019 ONWARDS
In line with other tour operators we do operate a surcharge policy should the EUR / GBP exchange rate alter and have an adverse effect on our purchasing power for your holiday.
This forms part of our standard Terms and Conditions, Clause 3.3, a copy of which is available here.
In light of the Brexit vote and other global uncertainties the GBP is volatile in its relationship with other currencies. We would like to clarify this in relation to our Terms and Conditions clause 3.3.
Our policy is as follows:
- Should, at the time of TGM Holidays making payments abroad to pay for your holiday or part of your holiday, the exchange rate obtained from our bank be greater than 0.95 EUR / 1.00 GBP, a surcharge of £5 per point (0.01 EUR), per booked place will be levied. This will be notified to you as soon as possible and an invoice raised.
PLEASE ADVISE PARENTS / GUARDIANS OF THIS POSSIBLE SURCHARGE
This applies to all holidays from 1 May 2019 onwards based on our onwards pricing which were set at an exchange rate of 0.91 € / £, including bank charges.
Wherever possible we will try to absorb currency fluctuations into our costs and only ever impose a surcharge with great reluctance.