Currency

The currency in the UK is the pound sterling.One pound is made of 100 pence, also referred to as ‘p’. There are £5, £10, £20 and £50 notes and 1p, 2p, 5p, 10p, 20p, 50p, £1 and £2 coins.
Most coins have the profile of Queen Elizabeth II on one side. It is interesting to know that the profile has been updated many times over the years and therefore you will find different images of the Queen on currently used coins.

Using a foreign exchange specialist means you have access to expert guidance on the markets and when to make a money transfer. The costs are also far cheaper than using a bank and the exchange rate you will be offered will be better. When choosing a currency broker look for audited accounts, details of any awards and specific information relating to regulation and anti­money laundering policies.

"Getting the best deal on overseas money transfers" from FOCUS Magazine Jul-Aug 2018

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