Post, Freight and Carriers

Will the post offices in the UK give a very good exchange rate on cashing travel cheques as opposed to banks?

I have heard that the post office will not charge any fees to cash my dollar travelers cheques over there, but I am now wondering how their exchange rate will compare to the banks, such as Lloyds Bank? Anyone know? Thanks for your answers!

Public Comments

1. I don't know about the comparative rates but the PO doesn't charge commission when you buy currency such as euros.