Bank of England om sedlarna: ”Besked efter en sorgeperiod”

Sterling banknotes are the banknotes in circulation in the United Kingdom and its related territories, denominated in pounds sterling (symbol: £; ISO 4217 currency code: GBP; traditional abbreviation: Stg.). Sterling banknotes are official currency in the United Kingdom, Jersey, Guernsey, the Isle of Man, British Antarctic Territory, South Georgia and the South Sandwich Islands, and Tristan da Cunha. One pound is equivalent to 100 pence. Three British Overseas Territories also have currencies called pounds which are at par with the pound sterling. 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. 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.