Opening a bank account and exchanging currency


opening bank accounte exchanging currencyYou will want to find a safe way of keeping your money soon after arriving in the UK. This section can also offer advice on exchanging currency.

How do I open a UK bank account?

Popular high street banks include Natwest, Barclays, Lloyds, HSBC and RBS. These and other banks all differ in what they can offer you, and it is best to conduct some internet-based research before you decide to open an account with a particular bank. Consider the banking services that are most important to you, and find a bank that matches your requirements. When you have decided which bank to use, visit them and bring along proof of identity, proof of address and proof of your right to live in the UK and they will be happy to assist you. Bank accounts are commonly thought to be the safest way of storing money.

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How do I exchange currency?

how exchange currencyCurrency can be exchanged at banks, post offices, currency exchange bureaus and some high street shops. Check different rates to get the best price. These places will also be able to offer advice on Traveller’s cheques and currency cards.