The Bank of England says that all "genuine" banknotes that have been withdrawn from circulation still retain their face value and you can simply exchange them for the newer equivalent. On the front of the notes, you can feel raised print. For example, on the words ‘Bank of England’ and in the bottom right corner. A red foil patch containing the letters ‘AT’ is based on the image of a sunflower head linked to Turing’s morphogenetic work in later life. Horsefield, J. K. (November 1944). "The Origins of the Bank Charter Act, 1844". Economica. New. 11 (44): 180–189. doi: 10.2307/2549352. JSTOR 2549352. If you are not satisfied with our response or believe we are processing your personal data not in accordance with the law, you can complain to the Information Commissioner’s Office (ICO). More information

New Series Hong Kong Banknotes" (Press release). Hong Kong Monetary Authority. 24 July 2018 . Retrieved 24 July 2018. Collectors generally seek out notes with low serial numbers - starting with AA01 - as these are the earliest of their kind to be printed. Notes with special sequences, such as 888888, can also be collectible. Bouton, Terry (2007). Taming Democracy: "The People," the Founders, and the Troubled Ending of the American Revolution. Oxford University Press. p.17. ISBN 978-0195378566. Archived from the original on 1 July 2023 . Retrieved 13 November 2021.

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Banks and building societies happy to exchange the old notes include Barclays, Halifax, Lloyds, Nationwide, NatWest and Santander.

Ebrey; Walthall; Palais (2006). East Asia: A Cultural, Social, and Political History. Boston: Houghton Mifflin Company. ISBN 978-0-6181-3384-0. You have a number of rights under data protection laws. For example, you have the right to ask us for a copy of the personal data we holds about you. This is known as a ‘Subject Access Request’. You can ask us to change how we process or deal with your personal data, and you may also have the right in some circumstances to have your personal data amended or deleted.

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How Currency Gets into Circulation". Federal Reserve Bank of New York. 2013. Archived from the original on 17 July 2019 . Retrieved 9 July 2019.

According to a travelogue of a visit to Prague in 960 by Ibrahim ibn Yaqub, small pieces of cloth were used as a means of trade, with these cloths having a set exchange rate versus silver. [24]Evidence you have tried to deposit these banknotes to a UK bank that is part of the Note Circulation Scheme (NCS).

Manufacturing or issue costs. Coins are produced by industrial manufacturing methods that process the precious, semi-precious, or other metals, and require additions of alloy for hardness and wear resistance. By contrast, bank notes are printed paper (or polymer), and typically have a higher cost of issue, especially in larger denominations, compared with coins of the same value. [ dubious – discuss] Best easy-access is at 4.35% and leading one-year fix pays 6.01% - here's what the experts predict now. Currency Processing and Destruction". Federal Reserve Bank of New York. 2014. Archived from the original on 6 July 2019 . Retrieved 9 July 2019.The Bank of England will honour every banknote it has ever issued, no matter how long ago it stopped being legal tender. Currency and Bank Notes Act, 1928" (PDF). www.legislation.gov.uk. Archived (PDF) from the original on 15 January 2013 . Retrieved 17 December 2012. Vincent Lannoye (2011). The History of Money for Understanding Economics. Vincent Lannoye. p.132. ISBN 978-1-4802-0066-1. Archived from the original on 1 July 2023 . Retrieved 2 July 2018. Vertical currency is a type of currency in which the orientation has been changed from the conventional horizontal orientation to a vertical orientation. Dowling Duncan, a self-touted multidisciplinary design studio, conducted a study in which they determined people tend to handle and deal with money vertically rather than horizontally, especially when the currency is processed through ATM and other money machines. They also note how money transactions are conducted vertically not horizontally. [67] Bermuda, Cape Verde, Organisation of Eastern Caribbean States, Switzerland, and Venezuela have adopted vertically oriented currency, though Cape Verde has now reverted to horizontal orientation.