1.396 to pound when we were there last month. I noted that rate for cash was less.

Not every bank would do exchange.

Personally I would not take cash. If it is lost or stolen then that is it. Travellers cheques will be replaced very quickly.

fwh

1.307 the today one. is going down the last few weeks.
personally i would do the following. 1/3 in cash so as i have ready made cash for when i arrive. 1/3 in cheques in sterling and 1/3 in Euro. that way u can ''save'' a bit of money in case sterling goes down or up, and also u have money for the first day.
all banks do exchange and the tourism offices. most banks have a flat commission and it varies to the offices.
enjoy ur holidays and try to relax. thats what its for. u should stress more about the holidays. just enjoy them

Just got back from Stalis - some of the shops are offering 1.43 on the exchange of cash. Yes, I know you should take Travellers cheques, but after having been stung on commission here and then changing them abroad ( yes even with euro trav. cheq) I know take debit cards and cash with me ( and hire a safe deposit box)

Thanks for the help, I've decided on 500 €'s, £500 Tq's and I'll use the plastic for the rest.