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When it comes to using money in London, you'll find that most places accept credit and debit cards, especially in tourist areas and public transportation. However, it's always a good idea to have some cash on hand, especially when visiting street markets or small shops. For instance, if you're taking a black cab ride from the airport, you'll need to pay the driver in cash, so make sure you have some pounds ready.
You can exchange your money at the airport, a bank, or a currency exchange office, but be aware that the exchange rates might not be the best. A better option is to use an ATM to withdraw pounds directly, but be mindful of any fees your bank might charge. Some credit cards also offer no foreign transaction fees, so it's worth checking with your provider before you leave.
Pound Sterling (GBP) - Overview, History, Monetary Policy
One fun fact about Moneys in London is that you'll find lots of different coins and banknotes in circulation. You might receive £1 and £2 coins as change, as well as £5, £10, £20, and £50 banknotes. Each banknote features a famous British historical figure, such as Charles Darwin or Jane Austen, so keep an eye out for these interesting designs.
