28 JULY 2014
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Transport for London (TfL) has teamed up with Raphaels Bank to introduce cash points at 70 London Underground (LU) stations which dispense both Pounds and Euros. The move is part of TfL’s work to modernise and improve the services available to customers across the transport network.
UK cardholders can withdraw sterling from the distinctive new cash points, which are situated in prime locations across the LU network including Waterloo, London Bridge and King’s Cross-St Pancras stations.
Euro withdrawals are commission free, with rates aimed at beating the largest currency exchange providers.
Raphaels Bank commissioned a survey of 2,000 travellers and found that only 62% of them bought currency in advance of their holidays. The service has been designed to make it easier for busy London workers, commuters and residents to be able to get their cash for local use as well as trips abroad.
Raphaels has also developed a website to make it easier for customers in London to find their nearest Euro ATM on the Tube. www.cashpointcompass.co.uk
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