Londra Turu - Money
The currency of the United Kingdom is
the Great British Pound, also known as the Pound Sterling or simply the Pound when
there is no risk of confusion with other currencies who use the same currency unit.
The currency symbol of the Pound is £ and the international currency code is GBP.
One Pound is divided into one hundred pence with a single unit referred to as a
penny. The currency symbol of the penny is p and a currency code of GBX is occasionally
used in financial circles.
Although the United Kingdom is a member of the European Union there are no current
plans to adopt the Euro as the national currency.
Coins in common circulation are available in denominations of 1, 2, 5, 10, 20 and
50 pence, 1 pound and 2 pound. Bank notes are available in 5, 10, 20 and the less
common 50 pound denominations.
Banks in Scotland and Northern Ireland issue their own bank notes. While it will
be the case that bank notes from England will be accepted in these regions, it is
not necessarily the case that notes from these regions will always be accepted at
other locations throughout the UK.
Foreign currency can be exchanged at many high street banks, larger post offices
and dedicated bureau de change offices. Some travel agents, especially those belonging
to large chains such as Thomas Cook, also offer foreign exchange services.
Local currency can also be withdrawn from ATM machines by holders of compatible
cards. ATM machines are widespread throughout the UK allowing 24 hour access to
money. A list of compatible cards will be displayed on the ATM machines but cards
showing the Visa or MasterCard logo will almost always be accepted. Credit cards
are widely accepted throughout the UK as a payment method.