| Code | DS/UK/100 |
| Corporate Name | Bank of England Discount Office |
| Dates | 1694 - 1974 |
| Activity | The history of the Discount Office goes back to the very beginnings of the Bank, when its functions were to discount tallies and orders payable in future from various specified branches of the public revenue, individuals' promissory notes and inland and foreign bills of exchange. In the twentieth century its role developed to be the channel through which the Bank maintained day to day contact with the money market and exercised its supervisory function in the City. Following the 1973 secondary banking crisis the Discount Office was replaced by Banking and Money Market Supervision (BAMMS). |
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