Travel Reference
In-Depth Information
Money
The British currency is the pound sterling (£), with 100 pence (p) to a pound. 'Quid' is the
slang term for pound.
Three Scottish banks issue their own banknotes, meaning there's quite a variety of differ-
ent notes in circulation. They are legal currency in England too, but you'll sometimes run
into problems changing them. They are also harder to exchange once you get outside the
UK.
ATMS
ATMs (called cashpoints in Scotland) are widespread and you'll usually find at least one in
small towns and villages. You can use Visa, MasterCard, Amex, Cirrus, Plus and Maestro
to withdraw cash from ATMs belonging to most banks and building societies in Scotland.
Cash withdrawals from some ATMs may be subject to a small charge, but most are free.
If you're not from the UK, your home bank will likely charge you for withdrawing money
overseas; it pays to be aware of how much, as it may be much better to withdraw larger
amounts less often.
CREDIT CARDS
Visa and MasterCard cards are widely recognised, although many places will charge a
small amount for accepting them. Charge cards such as Amex and Diners Club may not be
accepted in smaller establishments. Many smaller B&Bs do not take cards.
MONEYCHANGERS
Be careful using bureaux de change; they may offer good exchange rates but frequently
levy outrageous commissions and fees. The best-value place to change money in the UK is
at post offices, but only the ones in larger towns and cities offer this service. Larger tourist
offices also have exchange facilities.
TIPPING
Tip 10% in sit-down restaurants, but not if there's already a service charge on the bill.
In very classy places they may expect closer to 15%.
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