| Code | DS/UK/212 |
| Corporate Name | Bank of England Banking Department |
| Dates | 1980 - 1994 |
| OtherFormsOfName | Cashier's Department (1694 - 1980); Banking and Market Services (1994 - 2002); Banking Services (2002 -) |
| Activity | The Banking Department was created in 1980 as part of the reorganisation which saw the end of the Cashier's Department. The new department was much reduced in size and importance but the Chief of the Banking Department also retained the title of Chief Cashier and was responsible for signing Bank notes. Divisions within the department included Banking, Banknotes and Security, and Payment Systems.
During the reorganisation of the Bank in 1994, the banking area was placed under the Monetary Stability area as Banking and Market Services. The name was changed to Banking Services in 2002.
11A265/1 Staff Committee 8/4/82
1986: main areas: Banking services and developments; Banking services, note issue, branch banking; Chief Investment Manager
1988: Issue Office (issue and payment of notes; coin); Securities Office (Customer securities accounts; bill collections; issue & payment of Treasury Bills, CDs, Bearer Bond/coupons); Clearing Centre (cheque and credit clearings); Drawing Office (customers' banking services); Cheif Cashier's Office (market information; money market & gilt-edged transactions; Bank Return); Gold & Foreign Exchange Office (Foreign Exchange Section: EEA & customers' foreign exchange business. Bullion Section: Handling & custody of gold); Investment Unit (Pension Fund etc, investments); Security Force (Security; gatekeepers and shift messengers); Departmental Services Division (secretarial services; typing and filing; Telex & SWIFT); Branches (note issue, banking services, industrial/financial liaison)
11A265/9 Staff Committee, 14/07/88 |
Show related catalogue records