United Kingdom Travel Guide

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United Kingdom - Money

Currency & Money

Currency information:

See the individual Money sections within the Jersey, Guernsey, Isle of Man and Northern Ireland sections for information on currency specific to these regions.

Pound (GBP; symbol £) = 100 pence. Notes are in denominations of £50, £20, £10 and £5. Additional bank notes issued by Scottish banks (including £1 notes) are accepted in all parts of the UK, although some smaller shops outside Scotland may prefer English banknotes. Coins are in denominations of £2 and £1, and 50, 20, 10, 5, 2 and 1 pence.

Credit cards:

American Express, MasterCard and Visa are all widely accepted. Cash can be obtained from a multitude of ATMs available across the country.

ATM:

Cash can be obtained from a multitude of ATMs available across the country.

Travellers cheques:

Widely accepted. To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in Pounds Sterling.

Banking hours:

Mon-Fri 0930-1630 (there may be some variations in closing times). Some banks are open Saturday morning; some all day Saturday.

Currency restriction:

There are no restrictions on the import or export of local or foreign currency. However, amounts exceeding €10,000 or equivalent must be declared if travelling from or to a country outside the European Union.

Currency exchange:

Money can be exchanged in banks, exchange bureaux, some post offices and many hotels. The exchange bureaux are often open outside banking hours but charge higher commission rates. All major currencies can be exchanged.

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