Picture choosen by: MissKan Kongsom Money. The U.K. Currency
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.

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.
Tipping:It's better to ask the locals where you could get a better exchange rate.The air-port is really not a perfect place to change your money.

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

Traveller's 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.
Exchange Rate Indicators
1.00 USD = 0.62 GBP
1.00 EUR = 0.91 GBP
Currency conversion rates as of 6 October 2009