Can you use ulster banknotes in england

Skip to main content. Home Banknotes Scottish and Northern Ireland banknotes. Coins are manufactured and issued by the Royal Mint. In this section Choosing banknote characters Counterfeit banknotes Current banknotes Damaged and contaminated banknotes Exchanging old banknotes Note Circulation Scheme Using images of banknotes Withdrawn banknotes. The Royal Mint issues UK coins. Backing assets The seven Scottish and Northern Ireland banks must, by law, set aside assets that are worth at least the value of all of the banknotes they have in circulation.

How we regulate Scottish and Northern Ireland banknotes In short, we are responsible for checking if the seven Scottish and Northern Ireland banks that issue banknotes are complying with the asset-backing rules. Approach document We do this by collecting regular information and visiting the places where the assets are stored to count them and check they are held securely. Whistleblowing and Scottish and Northern Ireland banknotes Whistleblowing is when an employee reports suspected wrongdoing at work.

Disclosures made to us will be dealt with by a dedicated whistleblowing function. Back to top. This page was last updated 15 June Give your feedback. Yes, it was useful Yes. No, it wasn't useful No. Page Url. The note will also feature its famous eels, a key catch for local fishermen, which spawn in the Sargasso sea before travelling hundreds of miles across rivers, waterfalls and dams to reside in Northern Ireland.

The bank has been phasing the paper notes out over After the notes are officially removed from circulation, Ulster Bank will still exchange the old paper notes for their new polymer equivalents, but shops and businesses will no longer accept them. Northern Ireland banknotes are legal currency across the UK and Ulster Bank has continued to work with vendors and retailers to ensure acceptance of the new notes when they are released next year.

Find further information on Bank of England polymer banknotes. The banks will continue to accept all Scottish notes from their own customers - these can be deposited into bank accounts or exchanged for polymer notes. Read more about Scottish polymer banknotes. My New Business Northern Ireland business support finder Sample templates, forms, letters, policies and checklists Licence finder Find a case study Do it online. Polymer banknotes: guidance for businesses.

Polymer banknotes are gradually replacing paper banknotes across the UK.