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Minimum opening hours at banks are 9.30am-3.30pm Monday to Friday, but most branches close at 4.30pm. Cash can be obtained at any time from ATMs outside most banks, which you'll also find in some major tube and train stations.

Exchange and commission rates vary considerably so it pays to shop around and even bargain where necessary.. Commission is sometimes charged for cashing travelers' cheques in foreign currencies, but not for sterling travelers' cheques, provided you cash the cheques at a bank affiliated to the issuing bank (get a list when you buy your cheques). Commission is charged if you change cash into another currency. You always need identification, such as a passport, when exchanging travelers' cheques.

 

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