A key role of the Bank of England is to maintain confidence in the currency. This session will aim to provide an overview of how banknotes circulate in the cash cycle, an update on the current counterfeit threat and explain how the Bank’s anti-counterfeit strategy work aims to reduce the threat, including a look ahead to the future of polymer banknote issuance.
Take away points
An understanding of the UK cash cycle and how notes enter and leave circulation
Information about the Bank of England’s anti-counterfeiting strategy and how to check banknotes are genuine
Knowledge of how the Bank of England can assist law enforcement with information and advice