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Banking & Exchange Rates

ATMS

There are ATMs practically everywhere in Europe and the UK including a cashpoint in the Nido lobby. Most students find this to be the easiest way to get cash. However, before you leave, speak to your bank about (1) the high fees they may charge for overseas use and (2) not flagging your account as fraudulent due to the overseas use.

To counter the large fees some students take out large amounts of cash at one time. If you choose to do that be careful and watch out for pickpockets!

Credit Card

Western & Northern Europe:
Used in most places.

Eastern & Southern Europe:
Many places do not accept credit cards. Those that do more widely accepted MasterCard and Visa over AMEX.

Travelers Checks

  • Do not rely on them as they are not always accepted.
  • If you lose them or if they get stolen you can put in a claim for your money.
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Exchange Rate

as of February 2014

$1.65 = 1 Pound (£)

Exchange rates change daily, so for the most accurate information look at: http://www.xe.com.


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