major banks are HSBC, Lloyds TSB, Barclays and Natwest. Opening hours
are 9.30am-4.30pm Monday to Friday with most banks having branches
open on Saturday mornings. For further information then please contact
their head office numbers:
Tel: 020 7726 1000
Tel: 020 7626 1567
Tel: 020 7626 1500
Tel: 020 7260 8000
The safest and
most convenient way of carrying large amounts of money is to use
travellers cheques which can be cashed in all Bureaux de Change
and most high street banks.
There are a
number of places to cash travellers cheques and exchange foreign
currency but it would be recommended to shop around for the best
exchange rate. You will find that the rates vary from bank to bank
and Bureaux de Change. It is not recommended to exchange money in
hotels as you will find that they charge very high commission rates.
On average you should expect to pay 1%-2% commission.
commission rates vary considerably; it pays to shop around.
Commission is sometimes charged for cashing travellers cheques in
foreign currencies, but not for sterling travellers cheques, provided
you cash the cheques at a bank affiliated to the issuing bank (get
a list when you buy your cheques). Commission is charged if you
change cash into another currency. You
always need identification, such as a passport, when exchanging
are accepted in most restaurants, retail outlets and hotels. In
addition you can also withdraw money from Automated Teller Machines
(ATMs or cash machines), situated at most banks and building societies.
You may incur charges resulting from the following:
disloyalty charge may be applied to a customer's account by their
own bank, when they use a machine other than one owned by their
surcharge may be applied to a customer's account by the owner
of the ATM they withdraw money from if they do not hold an account
with that bank.
your card is lost or stolen, report it immediately to the police
and contact he relevant credit card company on their emergency
Diners Club: 0800-460-800
American Express: 01273-696-933 or 0273-689-955