No matter where you are in the world, money matters! Here are a few pieces of info to keep you in the loop.
Currency
In Scotland, the unit of currency is the pound (£), which is used throughout the entire UK. All major credit cards can also be used across Scotland, with Visa and MasterCard being most widely accepted.
Banking
With more than 300 years of banking experience, your money is in safe hands in Scotland. With a large variety of banks offering different types of services, we have everything to meet your financial needs.
Scotland is also one of the few countries in the world where you won’t be charged for your bank account, as long as you stay in credit. Most banks in Scotland are open Monday to Friday from 9:30am to 5:00pm. In addition, many banks are also open on a Saturday morning.
You’ll find cash machines (ATM) everywhere in our larger towns and cities, and most rural areas will have at least one place where you can withdraw cash. Our cash machines will accept international bank cards and credit cards, as long as they have a four-digit PIN code.
Find out more about banking in Scotland on Talentscotland.com
Exchanging Currency
Foreign currency is rarely accepted, but don’t worry, it’s easy to exchange any foreign currency in Scotland. Banks, hotels and Bureau de Change kiosks can be found at our international airports and also in most of our city centres.
Currency Converter
*Disclaimer: the currency converter is provided by a third party and is for illustration purposes only. It is meant only as an approximate conversion tool based on the latest information available.
Cost of Living
Prices will vary depending on where you are in the country, and there is no set cost for most things in Scotland. To make it a little easier, below is a list of some items and rough guides to what you may pay for them:
- 1 litre of milk: £0.70 - £1
- 1 litre of petrol: £1.10 - £ 1.40
- 1 loaf of Bread: £1 - £2
- 1 haggis: £1 - £3
- 1 coffee from a coffee shop: £2 - £3.50
- 1 sandwich from a sandwich shop: £3 - £5
- 2 course meal for 2 in a budget restaurant: £25 - £40
- 2 course meal for 2 in a fancy restaurant: £45 - £80
- 1 pint of beer in a bar: £3 - £4.50
- 1 can of Irn Bru (soft drink): £0.70 - £1
- 1 single bus journey: £1 - £2
- 1 cinema ticket: £8 - £12