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About: Banknotes of Northern Ireland     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:SystemOfMeasurement113577171, within Data Space : dbpedia.org associated with source document(s)

Type: yago:WikicatBanknotesOfNorthernIrelandyago:Abstraction100002137yago:Bill113393762yago:Currency113385913yago:Measure100033615yago:MediumOfExchange113372961yago:PaperMoney113387209yago:Standard107260623yago:SystemOfMeasurement113577171 New Facet based on Instances of this Class

Banknotes have been issued for use specifically in Northern Ireland since 1929, and are denominated in pounds sterling. They are legal currency, but technically not legal tender anywhere (including Northern Ireland itself). This is not uncommon as most bank notes are not recognised as tender. However, the banknotes are still widely accepted as currency by larger merchants and institutions elsewhere in the United Kingdom. Issuing banks have been granted legal rights to issue currency, and back the notes with deposits at the Bank of England.