The money of the United Kingdom is the pound sterling (£).All British coins except the comparatively new £2 had a new design published in 2008 and are beginning to appear on the street in increasing numbers in early 2009.All UK coins have the portrait of the reigning monarch, queen Elizabeth 11 on one side. The £1 coins have emblems describing the nations of England, Scotland and Wales on the front side.To Visit Bath city in UK, Book Bath Airport Taxi.
Value of coins
When handling coins, do not dismiss the small ones as unimportant. Some small coins are worth more than larger coins. The pound coin is about the small size of 1p coin though it is at least a good deal chunkier.
Banknotes are distributed in England and Wales by the bank of England. In Scotland promissory bank notes are assigned by the bank of Scotland, the bank of Scotland and the bank of Clydesdale and in Northern Ireland by the bank of Ireland, first trust bank. The only legal tender money in the UK is that originated from the bank of England.
Obtaining money in UK
It is considerably easy to obtain money in the UK.ATMs are clustered around the stations and main shopping streets. Many large supermarkets should always have a cash point on the site usually near the main entrance they normally facilitate free withdrawal of cash from any bank account. Post offices can provide you cash over the stand against a card.
Visa and master card are widely accepted but incur a transaction rate of maximum £3 depending on the card issuer on every transaction. Business that are accepting the credit and debit cards in UK are on the rise.
Fast access of cash
The fast access of cash in the UK has boosted the growth of business. Tourism across the UK has been boosted since different currency can be available in the ATMS.The security also has been boosted since there is a mushroom of ATMS across the UK shopping malls and transport stations. Apart from easy access of cash the system of issuing notes has led to great security of money transaction since notes are only issued from the recognized banks and the others are treated as fake money