Other UK banknotes

Study note

The currency used throughout the UK is the pound sterling. Most of the banknotes you will see are issued by the Bank of England, which is the central bank for the country and the usual source of the notes people carry.

However, the Bank of England is not the only issuer. Some banks in Scotland and Northern Ireland are also allowed to print their own banknotes. These notes are still pounds sterling, and they are valid across the whole of the UK, even though they may look different from Bank of England notes.

For the test, the fact to remember is that banks in Scotland and Northern Ireland may issue their own banknotes. This is true, and these notes remain legal pounds sterling that can be used anywhere in the UK.

Memory tip: Scottish and Northern Irish banks can print their own pound notes too.