Britain\'s £1m and £100m banknotes

Berty Fox

Berty Fox

2015-07-06 14:48:25

Carefully guarded in the Bank of England's vaults are a small number of very large banknotes. Called "giants" and "titans", they are not in circulation for good reason: they are worth £1 million, and £100 million. Impractical though they are for everyday use, both play a vital role in the British currency system, by backing the value of the everyday notes issued by commercial banks in Scotland and Northern Ireland.
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Berty Fox

Jan Kennedy

2015-07-06 14:48:25

Who'd have thought it!




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