1. Travel

Currency & Money Matters

Understanding UK currency and the monetary system in the UK.

UK Currency Basic Information
The UK unit of currency is pounds sterling, not the Euro. In London we often call one pound (£1) a "quid" and sometimes a "nicker". Find out more about the different coins and notes in UK currency.

Photographs of UK Money
Have a look at some pictures of UK sterling currency to familiarize yourself before your trip.

Chip and PIN Card Payments
Chip and PIN is the way to make card payments without requiring a signature.

VAT
VAT (Value Added Tax) is a government tax payable on all goods and services in the UK, currently rated at 15%.

UK Currency Exchange
Currency exchange is available at many different sources in London. Find out about the options and where to get the best exchange rate.

Lost or Stolen Credit Cards
A list of UK telephone numbers for the main credit card companies.

The Universal Currency Converter
A very good online currency converter which seems to cover just about every currency in the world!

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