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Money exchange

Posted: Mon 02 Jan 2023 11:00 am
by Hammerhead
Could anyone tell me if the exchange shops have coins,i need to change a five pound note to five £1 coins
Thanks

Re: Money exchange

Posted: Mon 02 Jan 2023 12:53 pm
by Laura B
I should think it's highly unlikely Hh. So far as I'm aware coins are not exchangeable in a bank so no way an exchange shop would have them.

Re: Money exchange

Posted: Mon 02 Jan 2023 1:09 pm
by benjaminbutton
There might be someone who has come back from UK with some coins who can help you, but I can't think why they would want a 5 sterling note though. It's hard to spend cash back in UK I understand.

Re: Money exchange

Posted: Mon 02 Jan 2023 3:43 pm
by Hammerhead
Sorted now

Re: Money exchange

Posted: Tue 03 Jan 2023 9:29 am
by Brend
No problem at all spending cash in Britain.

Re: Money exchange

Posted: Tue 03 Jan 2023 10:25 am
by benjaminbutton
When I was back in UK in July, it was only cash in very small shops, and even most of them would prefer "touch and go" cards. Said they felt safer not having cash on site. Seemed a bit strange to begin with.

Re: Money exchange

Posted: Tue 03 Jan 2023 12:26 pm
by a1sysman
benjaminbutton wrote:
Mon 02 Jan 2023 1:09 pm
…lt's hard to spend cash back in UK I understand.
Turn up with a suitcase of cash and an eyebrow may be raised. Otherwise, in UK, cash is happily accepted.

Re: Money exchange

Posted: Tue 03 Jan 2023 3:46 pm
by benjaminbutton
Oh well, obviously I shopped in the wrong places.

Re: Money exchange

Posted: Tue 03 Jan 2023 8:40 pm
by Dalartokat
benjaminbutton wrote:
Tue 03 Jan 2023 3:46 pm
Oh well, obviously I shopped in the wrong places.
Not necessarily, it’s been flip flopping for quite a while. During the pandemic people were using contactless, as encouraged by the banks. People were doing transactions over the phone for takeaways, pubs creating all sorts of ways to sell food and drink etc. and paying with their debit/credit cards. It flipped again during the rise in cost of living and people realised they could budget more with cash, have control and bargain more.

Some businesses before Xmas became card only and others have gone cash only. This is because they are also budgeting and cannot afford the card machines. There was an increase in the cost of them after the pandemic. You had hairdressers, nail bars, takeaway restaurants etc. putting signs up cash only, that way they keep some of their bills down artificially, which becomes illegal. It works for people both ways. There’s a lot of people in U.K. who won’t have bank accounts for various reasons and pensioners who still insist using cash. DWP will not pay pensions into the Post Office anymore, with few exceptions.

Think you were just unlucky.

Re: Money exchange

Posted: Tue 03 Jan 2023 9:47 pm
by forestpixie
benjaminbutton wrote:
Tue 03 Jan 2023 3:46 pm
Oh well, obviously I shopped in the wrong places.
There were parts of North London we couldn't park in as we only had cash. Also some of the shops and restaurants at Luton airport were card only.

We sat through a very dry theatre performance as we didn't have a card to even buy a bottle of water.

When in UK check if cash is accepted before doing anything!!

Re: Money exchange

Posted: Wed 04 Jan 2023 9:56 am
by Brend
Is this a North South divide? Never had an instance of not being able to use cash apart from when you order anything by phone or on line and some City center car parks.

Re: Money exchange

Posted: Wed 04 Jan 2023 11:07 am
by benjaminbutton
I think forestpixie is spot on. I actually had to leave a lovely winter coat in a shop in Cambridge because their accounting system quite literally was not set up for cash. There was no point in my being miffed as there were a couple of signs (which I hadn't noticed) and the Manager was extremely apologetic. Apparently the system had been operating for months and months. I even had to use contactless in Newmarket in a Boots, coffee bars/bistros and two car parks. .

Plus if you don't hang on tightly to your Debit/Credit card here, there are some Supermarkets who click on their bank machines and the first you know they've done it, is when you're handed the receipt. Brend I can't comment on the North/South divide sorry, but I did think for one minute you were referring to Cyprus.!!

Re: Money exchange

Posted: Wed 04 Jan 2023 4:17 pm
by forestpixie
Brend wrote:
Wed 04 Jan 2023 9:56 am
Is this a North South divide? Never had an instance of not being able to use cash apart from when you order anything by phone or on line and some City center car parks.
No idea never went South!