Bank of England Museum Opens Banknote Gallery
The Bank of England Museum opened a banknote gallery on September 7 to the public in London. This will coincide with the upcoming release of the new five pound banknote on September 13.
This captivating museum will take you through the history of the bank since 1694 to the role it stands for today as the nation's central bank and more for free.
Here's what you can learn in the new gallery:
- Discover the origins of paper money in ancient China, and how the ‘running cash’ notes of sixteenth-century Britain became the precursors to our modern banknotes.
- Find out the story behind the ‘Inimitable Note’ competition: a quest at the beginning of the 1800s to create a banknote that couldn’t be copied, and the many intricate and beautiful designs that were the result.
- Explore the complex designs that make banknotes difficult to counterfeit, and how cutting-edge technology is used to create the Bank of England’s newest note, the polymer £5.
- Trace the lifecycle of your banknotes from initial design and manufacture to destruction and recycling.
Currency Exchange International (CXI) is a leading provider of foreign currency exchange services in North America for financial institutions, corporations and travelers. Products and services for international travelers include access to buy and sell more than 90 foreign currencies, multi-currency cash passport’s, traveler’s cheques and gold bullion coins and bars. For financial institutions and corporations, our services include the exchange of foreign currencies, international wire transfers, global EFT, the purchase and sale of foreign bank drafts, international traveler’s cheques, and foreign cheque clearing through the use of CXI’s innovative CEIFX web-based FX software www.ceifx.com