TEFL Trainees / ESL Teachers
Currency in UK is the pound. The pound can be divided into 100 pence. Candidates will have not any problem to find out the ATMs in towns. They can carry American express, Master card and Visa with themselves as these are acceptable in UK. They can exchange foreign currency in big hotels or at bureaux de change .The symbol of pound is £ or it can be noticed as GBP (Great Britain Pounds and ‘p’ symbolizes pence ). Both notes and paisa are there in UK currency. The denominations of the notes are 5 pounds, 10 pounds, 20 pounds and 50 pounds and the coins are of the following values 1 pence, 2 pence, 5 pence, 10 pence, 50 pence, one pound and 2 pounds.
In UK the financial services Authority issues licenses for the banks. Different public banks, private banks, international banks, commercial banks operate in UK. Bank of England is the central bank of the UK government. Here are names of the few banks those offer valuable services to the people of UK:-
- Royal Bank of Scotland
- Lloyds banking groups.
- Barclays.
- HSBC.
- Standard Charter.
- Bank of America.
- Aareal bank