UK Notes and Coins

​The pound sterling is the official currency in the United Kingdom.

Overview

The Bank of England is the UK's central bank. It issues the UK's banknotes.

Coins are manufactured and issued by the Royal Mint.

Scottish and Northern Ireland banknotes are also available in the UK. These are issued by three banks in Scotland and four banks in Northern Ireland. The Bank of England regulates the issuance of these banknotes. 

The Northern Ireland note-issuing banks issued polymer notes on 27th February 2019 as follows:

  • Bank of Ireland and Ulster Bank each issued a polymer £10 and £5 note. Danske Bank issued a polymer £10 note. All three issuing banks in Northern Ireland are looking at plans to issue a polymer £20 note. 
First Trust Bank announced on 13th February 2019 its intention to stop issuing its own banknotes during 2020 and to switch to dispensing Bank of England banknotes from its ATM network. First Trust Bank banknotes will remain legal currency until midnight on 30th June 2022 and can be used as normal until then.

Other note-issuing authorities

The Isle of Man, Jersey and Guernsey also issue banknotes in the British Islands. For more information, contact:
 
The Treasury
Isle of Man Government
Bucks Road
Douglas
Isle of Man IM1 3PX
https://www.gov.im
 
States of Jersey Treasury
States Treasury
Cyril Le Marquand House
PO Box 353
St Helier
Jersey JE4 8UL
http://www.gov.je
 
States of Guernsey
The Charles Frossard House
PO Box 43
La Charroterie
St Peter Port
Guernsey GY1 1FH
https://www.gov.gg

This page was last updated 05 July 2019
Was this page useful?
Add your details...