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UK Guide: Money
Our money guide provides information on bank accounts, money exchange, credit and debit cards and money transfers. If you need to open a bank account, we will explain how to do it - step by step.
Banking:
Opening an account
Banking in the UK is pretty straightforward. Most banks offer similar quality services and all the major banks offer online banking as standard to make life easier for customers. As always, shop around for the best deal or ask people to recommend a bank to you.
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Services:
Banking services, cash machines and opening hours
The most commonly used form of account in the UK are current accounts (as opposed to, for example, saving accounts). Most payments can be made by debit/credit cards, although cheques remain popular especially for payments by post.
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Currency exchange:
A beginner’s guide to moving money abroad
If you have spent any time travelling in the past you might have already come to the conclusion that there is no way to win the currency exchange game. Every time you need to change money your currency has fallen and if you’re bringing money back, it works the other way. In the middle, you get slammed for exchange rates that make you think someone, somewhere is making a lot of money.
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International currency exchange:
Glossary of financial jargon
This handy reference to the terms used for currency exchange transactions. The world of finance can be quite complicated, so use the below as a guide to some of the terms you may bump into when organizing currency exchanges or transfers.
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Further Links about Money
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