Bank notes

LionelNashe · 08-01-2012 10:04PM #1

Northern Irish bank-notes seem to have the name of the bank written on them as if they've been printed by the bank rather than printed by the government. Do the banks in the UK print their own notes? If so, why doesn't the government print them, or the government mint or whatever?

Penfailed · 09-01-2012 07:24PM

LionelNashe wrote: »

Do the banks in the UK print their own notes?

Have a read here - http://en.wikipedia.org/wiki/British_banknotes

owenc · 12-01-2012 07:27PM

LionelNashe wrote: »

Northern Irish bank-notes seem to have the name of the bank written on them as if they've been printed by the bank rather than printed by the government. Do the banks in the UK print their own notes? If so, why doesn't the government print them, or the government mint or whatever?

Yes i am from Northern Ireland. Each region has their own bank notes except wales which uses bank of england notes. The notes can be excepted in any region of the uk, the most common bank note used in northern ireland is either the northern bank one or the bank of england one, the bank of england note is probably more common than some of our own bank notes due to the number of those in circulation, i'm not sure but i think that there are probably around equal amount of northern irish notes and english notes as they are pretty common. You can get some bank of scotland notes but they are very rare as they are not normally circulated that often and if you say them you'd think they were false because they are like plastic. Anyway, the only legal ones are the bank of england ones the others aren't. Anyway, thats all.

Pics of each regions notes:

Scotland:
http://www.google.co.uk/imgres?q=bank+of+scotland+note&um=1&hl=en&client=safari&sa=N&rls=en&biw=2560&bih=1173&tbm=isch&tbnid=UFeui9TViDqjMM:&imgrefurl=http://wn.com/Forth_Bridge&docid=sT59hjpouUZOlM&imgurl=http://aes.iupui.edu/rwise/banknotes/scotland/ScotlandPNew-20Pounds-2007-donatedfvt_b.jpg&w=584&h=316&ei=vjQPT5q7NYOt8QOb6JT_Aw&zoom=1&iact=rc&dur=355&sig=106095235114498897906&page=2&tbnh=102&tbnw=188&start=68&ndsp=78&ved=1t:429,r:29,s:68&tx=148&ty=27

http://www.google.co.uk/imgres?q=bank+of+scotland+note&um=1&hl=en&client=safari&sa=N&rls=en&biw=2560&bih=1173&tbm=isch&tbnid=tJmIqJAqNzyaJM:&imgrefurl=http://www.bbc.co.uk/news/10226890&docid=3IF_iLdcC1weCM&imgurl=http://news.bbcimg.co.uk/media/images/47984000/jpg/_47984204_47984164.jpg&w=466&h=260&ei=vjQPT5q7NYOt8QOb6JT_Aw&zoom=1&iact=hc&vpx=2065&vpy=515&dur=458&hovh=143&hovw=256&tx=224&ty=101&sig=106095235114498897906&page=2&tbnh=111&tbnw=199&start=68&ndsp=78&ved=1t:429,r:11,s:68

England:
http://www.google.co.uk/imgres?q=bank+of+england+note&um=1&hl=en&client=safari&rls=en&biw=2560&bih=1173&tbm=isch&tbnid=quluTIe8kTPTKM:&imgrefurl=http://www.airedalecoins.co.uk/shop/product_info.php%3Fproducts_id%3D245&docid=mwZlmt-5LU8NaM&imgurl=http://www.airedalecoins.co.uk/shop/images/IMG_2747_edited.jpg&w=964&h=550&ei=jDUPT4eYOYih8QPQouzkCw&zoom=1&iact=hc&vpx=170&vpy=202&dur=180&hovh=169&hovw=297&tx=171&ty=115&sig=106095235114498897906&page=2&tbnh=112&tbnw=196&start=70&ndsp=73&ved=1t:429,r:12,s:70

Ni:
http://www.google.co.uk/imgresq=ulster+bank+notes&um=1&hl=en&client=safari&rls=en&biw=2560&bih=1173&tbm=isch&tbnid=UyYM49rxD32LSM:&imgrefurl=http://www.britishnotes.co.uk/news_and_info/irishlatest_news/index.php&docid=ihP39kDmwUT9RM&imgurl=http://www.britishnotes.co.uk/news_and_info/irishlatest_news/p339ar_z_2007_ulster_10.jpg&w=522&h=275&ei=ujUPT-7AIpLV8QPn3KD9Aw&zoom=1&iact=hc&vpx=394&vpy=178&dur=1616&hovh=163&hovw=309&tx=85&ty=126&sig=106095235114498897906&page=1&tbnh=161&tbnw=202&start=0&ndsp=72&ved=1t:429,r:1,s:0

Penfailed · 12-01-2012 08:35PM

owenc wrote: »

The notes can be excepted in any region of the uk

But speaking from experience Bank of Ireland/Ulster Bank/Northern Bank notes are very rarely (if ever) accepted in England.

owenc wrote: »

the most common bank note used in northern ireland is either the northern bank one or the bank of england one, the bank of england note is probably more common than some of our own bank notes due to the number of those in circulation

Bank of Ireland, Ulster Bank and Northern Bank notes are much more common than Bank of England notes in Northern Ireland.

owenc wrote: »

the bank of england note is probably more common than some of our own bank notes due to the number of those in circulation, i'm not sure but i think that there are probably around equal amount of northern irish notes and english notes as they are pretty common.

"Probably", "I'm not sure"...you're guessing.

owenc · 12-01-2012 09:04PM

Your only wasting your time I don't care- end of

muffler · 12-01-2012 11:49PM

owenc wrote: »

Anyway, the only legal ones are the bank of england ones the others aren't.

Can you clarify what you mean by that statement please.

Richard · 14-01-2012 12:48PM

owenc wrote: »

. Anyway, the only legal ones are the bank of england ones the others aren't.

Not quite. In NI and Scotland, no banknotes are legal tender. Neither local ones nor Bank of England.

In England and Wales, Bank of England notes are legal tender.

But all the above banknotes are legal currency.

Legal tender just means that you must accept them if someone is repaying you a debt. It does not mean you have to accept them if someone wants to buy something from you.

As for what's common, £5 BoE notes are very common in NI, because AFAIK the only local bank which produces fivers is Bank of Ireland. I haven't seen one from the other four banks in years (the Northern Bank plastic fiver isn't that common any more).

smashey · 22-01-2012 03:10AM

owenc wrote: »

Anyway, the only legal ones are the bank of england ones the others aren't. Anyway, thats all.

What a load of bollocks. Seriously Owen, if you want to make sweeping statements like that, at least get your facts right.

Richard · 29-01-2012 11:45PM

smashey wrote: »

What a load of bollocks. Seriously Owen, if you want to make sweeping statements like that, at least get your facts right.

What he said is true in England and Wales.

efb · 29-01-2012 11:47PM

https://www.youtube.com/watch?v=gx-a5rYIAOM

owenc · 30-01-2012 04:29PM

smashey wrote: »

What a load of bollocks. Seriously Owen, if you want to make sweeping statements like that, at least get your facts right.

Don't be so ridiculous. Instead of making a fool of yourself. Actually look things up before you post. Believe me i am correct i live in the uk and my aunt is a bank clerk i know. Its not exactly any of your business what currency we use anyway.

owenc · 30-01-2012 04:32PM

Richard wrote: »

What he said is true in England and Wales.

No the only legal tender in the uk is the bank of england notes.

"In Scotland and Northern Ireland no banknotes, not even ones issued in those countries, are legal tender"

muffler · 30-01-2012 04:50PM

owenc wrote: »

Don't be so ridiculous. Instead of making a fool of yourself. Actually look things up before you post. Believe me i am correct i live in the uk and my aunt is a bank clerk i know. Its not exactly any of your business what currency we use anyway.

Consider that your last post here.

smashey · 30-01-2012 05:46PM

owenc wrote: »

Don't be so ridiculous. Instead of making a fool of yourself. Actually look things up before you post. Believe me i am correct i live in the uk and my aunt is a bank clerk i know. Its not exactly any of your business what currency we use anyway.

I know you've been banned from this forum now but I should clarify something here. I live in the UK as well so I suppose the currency we use here does matter to me.

Richard · 30-01-2012 10:44PM

owenc wrote: »

No the only legal tender in the uk is the bank of england notes.

"In Scotland and Northern Ireland no banknotes, not even ones issued in those countries, are legal tender"

I was actually agreeing with you.....

Bank notes

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