§ Mr. Trimble
To ask the Chancellor of the Exchequer if he will list all the banknotes issued in(a) England, (b) Northern Ireland and (c) Scotland, indicating which notes are legal tender in each jurisdiction.
§ Mr. Nelson
[holding answer 7 July 1992]: In England, the Bank of England is the sole note-issuing authority and notes are currently issued in the denominations of £5, £10, £20 and £50. In Northern Ireland, four commercial banks (Bank of Ireland, Allied Irish banks, Northern hank and Ulster bank) issue notes of £5, £10, £20, and £100, with Northern bank and Ulster bank also issuing £50 notes. In Scotland, three commercial banks (Royal Bank of Scotland, Bank of Scotland and Clydesdale bank) issue £5, £10, £20 and £100 notes, with Clydesdale bank also issuing a £50 note and Royal Bank of Scotland a £1 note.
Bank of England notes are legal tender in England and Wales only. Notes issued by banks in Scotland and Northern Ireland are not legal tender anywhere. Notes 219W that are not legal tender may be used—anywhere in the United Kingdom—so long as both parties to a transaction agree that they are acceptable.