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    Recommended Reviews - Oakam

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    17 years ago

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    Thomas Exchange Global

    Thomas Exchange Global

    (6 reviews)

    Liverpool Street / Broadgate

    There's always a queue at this place…read more TEG compete against the major banks and Post Office rates. Definitely worth using if you don't have the time to shop around and check the competition. They also give a further rate discount if you wish to purchase HUGE amounts of currency (ask at the desk - you will need to have ID). The staff were very patient and helpful. They even advised whether my bank would charge me for the transaction using my debit card.

    Your search ends. Here is where you should exchange your mula when in London town…read more I was in desperate need for some British pounds after stupidly withdrawing a bunch of euros (this is what happens when your head is still in the clouds after a ridiculously long and delayed flight, thank you United). After doing some quick research on the best places to exchange cash, I came across a few forums that mentioned Thomas Exchange. Luckily there was a branch a brisk 15 minute walk from where I was staying. I went there around mid-morning on a Tuesday and had no trouble finding it in a covered arcade. There were a few people in line, but it moved very quickly. The tellers were very quick in handling each person's request. I've seen banks in other countries where they would spend a good 30 minutes with each person, counting and recounting the cash, putting it through a counting machine, and then manually counting again. Thank goodness they didn't do this here or else I'd be waiting for half a day. Best of all the exchange rate was great, only off the market value by a few pennies. I'm writing this Yelp review to point others in the direction of Thomas Exchange, but also so that I can remember to come here next time I'm in London!

    Lloyds Bank

    Lloyds Bank

    (5 reviews)

    The City

    This is the local branch of my bank, Lloyds…read more Lloyds Banking Group plc is a major British financial institution formed through the acquisition of HBOS by Lloyds TSB in 2009. The Group's history began in 1765 with the founding of Lloyds Bank, which is the fourth oldest bank in the United Kingdom. The Group's headquarters is located at 25 Gresham Street in the City of London and its registered office is on The Mound in Edinburgh. Lloyds Banking Group's activities are organised into Retail Banking (including Mortgages and Sole Traders), Commercial, Life, Pensions & Insurance, and Wealth & International. Lloyds' has extensive overseas operations in the US, Europe, the Middle East and Asia. On 13 October 2008, PM Gordon Brown announced a government plan for the Treasury to invest £37bn of new capital into major UK banks--including Royal Bank of Scotland Group, Lloyds TSB and HBOS--to avert a collapse of the financial sector.Barclays avoided taking a capital investment from the UK Government Today, the Government stake is below 19% and in May, the company paid its first dividend for 7 years In 2015, Lloyds is celebrating its 250th Anniversary.

    I have been there a few times already and the staff has always been really helpful and friendly…read more They even come to talk to you if there is a little line (no more than 4-5 people) to try to help if they can. And although it is in a busy area and I always go to lunch time, I never have to queue for more than 10 minutes. Half of the times I did not have to wait at all. I must say I am really happy with my Lloyds services after having such awful experiences with my previous bank.

    HSBC - Fenchurch Street

    HSBC - Fenchurch Street

    (1 review)

    Aldgate

    In short: This has got to be the WORST bank branch I have ever experienced (including some pretty…read moreinefficient ones all over Europe, mind you). The details: It all started off innocently: I applied for a passport account through their website. 2 weeks, no reply. So I called and was informed there is nothing they could do, I needed to wait for a letter (which never arrived). In the meantime, I moved to London. I go to the branch, ready with UK council tax bill, a German utility bill and my passport. The clerk makes copies of the utility bill and my passport, has me sign all kinds of forms and all seems well. Online banking details and my debit card would be sent to me soon. Surely all must be well now. I duly transfer funds into my UK account. 5 days later, the money is returned. The account number the clerk wrote down for me was wrong. I call HSBC, get the correct number, transfer funds. Surely all must be well now. 2 weeks, no card. So I call to find nothing has been ordered. And my account is set up with my German address. Could I come to the branch please? Now that takes three trials. Queues are long and I start to have serious doubts when at trial no.2 the advisor cannot find my account in the system. After trying for 15 minutes, she asks whether I would mind queuing for another colleague who "might be better with the system". Finally, I make it to a clerk, sorry, "advisor", who manages to find me (yay!). And advises that my account is set up incorrectly, no card has been ordered and no they do not have my UK address. He needs to fix it. Fourty minutes later, I hurry to work. I am late, of course. But the card should arrive soon, they will call when it does. But surely all must be well now. Unfortunately, since I don't have a card, I need to queue at the cashier's to get my money. Since I go shopping on Saturday, that is when I enter HSBC Canary Wharf. Waiting time? 95 minutes. No, you must not leave the branch while you wait. On Monday I call the branch. Yes the card is here. Noone called? Oh well. I go there to pick it up. Two days later, the PIN arrives at my UK address. Bliss. Surely all must be well now. Two weeks later I receive a letter, forwarded from my overseas adress, dated 1.5 months prior (i.e. before I even came to the UK). They need proof of address. Ah, I think, this must be the initial letter which never arrived. Please consider null and void if provided in the meantime. I have provided everything so I consider null and void. A week later I sit in a restaurant. My card doesn't work. I go to the ATM, my card is withheld. I go to the branch. I wait. The very same guy who opened my account is there. First takes forever looking into my account, "I don't understand, everything is fine". At long last, it emerges the utility bill I provided was not acceptable as, alas, bills issued outside of the UK tend not be in English. So the back office is closing my account. "I would have been informed about this repeatedly" PARDON? So what do they need? Proof of my German address, at which I don't live anymore, in English. Now that may be a bit difficult... After I point this out, it emerges they just might accept proof of my current UK address. Right. Since I do not have a card now, I go to the cashier to withdraw money. The cashier gives me a strange look then disappears for 10 minutes. He returns to inform me a cheque has already been issued for the money on my account and I cannot make any withdrawals. I need to talk to an adviser. I say I have just spoken to an advisor, he did not mention the fact my funds were frozen. I ask for the manager. I inform her I have at this point been in this branch for 1,5 hours talking to advisors who do not coordinate between themselves. I have promptly provided every documentation requested. I have sufficient funds on my account and am left on December 23 in the afternnoon without access to my money. She could not care less. Unphased, she sits me down - with a third clerk. "The lady would like to close her account." Excuse me? I don't really, this is where I started off 1,5 hours ago! She says I can't get my money if I don't close my account. I said thank you and walk out of the branch. Run home, get my UK utility bill. Get that to the very first advisor, who initially openend my account. Here is proof of my UK address. Will this suffice? Yes. Can I get a new debit card? Yes, please sign here. When can I get access to my funds? Tomorrow morning. I have been away from my desk for 3.5 hrs. But surely all must be well now. Christmas passes ,I go to the cashier with my passport, pick up money. 5 working days later I call HSBC. When could I pick up my debit card? None has been ordered. "Ms X, you have been informed repeatedly that we need photo ID from you". PARDON? Of course you have my photo ID! I have banked with you for two months now how can you not have a record of my photo ID? "Well

    Oakam - banks - Updated May 2026

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