Wednesday, October 19, 2011

Need some dosh?

Or perhaps a translation… There are lots of slang words the Brits use when talking about money - dosh, dough, bread, lolly and brass are just a few. The one you’ll hear most frequently is ‘quid’, which is used in place of pound.  A fiver, tenner and score replace £5, £10 and £20 respectively.        

If you need to withdraw some money, ask for the nearest ‘cash point’ or ‘hole in the wall.’ Use ATM (Automatic Teller Machine), and you’ll get nothing but blank looks. Most UK cash points do not charge for withdrawals, even if you have an account with a different bank (excluding all international debit cards). Avoid cash machines in bars and service stations as they usually have a withdrawal surcharge.  

For currency exchange, the best place is The Currency Exchange Office, just inside the ‘The Golden Cross’ off Cornmarket St (look for the arched walkway). The Post Office at St. Aldates House, 102-104 St. Aldates, City Centre also offers a currency exchange service, as do the banks however their rates are not as competitive.

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