The pound sterling (symbol: £; ISO 4217 currency code: GBP) is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, British Antarctic Territory, South Georgia and the South Sandwich Islands, and Tristan da Cunha.
The Bank of England has a legal monopoly of banknote issuance in England and Wales but, for historical reasons six banks, three in Scotland and three in Northern Ireland, also issue their own banknotes that circulate in the system and may be used for cash transactions anywhere in the United Kingdom – but the law requires that the issuing banks hold a sum of Bank of England banknotes (or gold) equivalent to the total value of notes issued.[3]
Versions of the pound sterling issued by Crown dependencies and other areas are regulated by their local governments and not by the Bank of England. Three British Overseas Territories (Gibraltar, Saint Helena, and the Falkland Islands) also have currencies called pounds which are at par with the pound sterling.
Currently circulating Bank of England notes
The pound sterling banknotes in current circulation consist of Series G Bank of England notes in denominations of £5, £10, £20 and £50. The obverse of these banknotes issued through 4 June 2024 feature the portrait of Elizabeth II originally introduced in 1990. Starting on 5 June 2024, the Bank of England began issuing notes featuring a portrait of Charles III, which will circulate alongside the Elizabeth II notes and gradually replace them. [4] [i] Select banks in Scotland and Northern Ireland also issue their own banknotes at par with Bank of England issues. Scottish and Northern Irish notes, which are not legal tender but are promissory notes, are occasionally rejected as payment in England by merchants unfamiliar with them, and are likely difficult or impossible to exchange outside Britain.[6][7]
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Phone: +44 7930324432
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Email: info@atmtestedbanknotes.com
Phone/ Whatsapp: +44 7496643024
Phone: +1 (530) 567-7449
Phone: +44 7930324432
Weblink: https://atmtestedbanknote.com
Order Now
Email: info@atmtestedbanknotes.com
Phone/ Whatsapp: +44 7496643024
Phone: +1 (530) 567-7449
Phone: +44 7930324432
Weblink: https://atmtestedbanknote.com
Next day delivery guaranteed by royal mail
Buy undetectable pound notes from our websites and get it received with 3 working days, all our notes are well tested.
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Email: info@atmtestedbanknotes.com
Phone: +1 (530) 567-7449
Phone: +44 7930324432
Weblink: https://atmtestedbanknote.com
Next day delivery guaranteed by royal mail
Buy undetectable pound notes from our websites and get it received with 3 working days, all our notes are well tested.
Order Now
Email: info@atmtestedbanknotes.com
Phone: +1 (530) 567-7449
Phone: +44 7930324432
Weblink: https://atmtestedbanknote.com
Next day delivery guaranteed by royal mail
Buy undetectable pound notes from our websites and get it received with 3 working days, all our notes are well tested.
Order Now
Email: info@atmtestedbanknotes.com
Phone: +1 (530) 567-7449
Phone: +44 7930324432
Weblink: https://atmtestedbanknote.com
