Mutilated Bank of England notes

Quarterly Bulletin 1989 Q3
Published on 01 September 1989

It is inevitable that bank notes are sometimes accidentally damaged, often severely. Such damage does not invalidate the promise to pay on a Bank of England note (which is unlimited in time) and the Bank will always honour its notes. This article, one in an occasional series describing aspects of the Bank's work, explains the present arrangements for meeting claims by members of the public for payment of mutilated notes.

PDFMutilated Bank of England notes


Other Quarterly Bulletin 1989 Q3 articles

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