What is Sterling banknote?
{{Infobox currency | currency_name_in_local = | image_title_2 =The [[British Islands]] | iso_code =GBP | using_countries ={{flag|United Kingdom}}<br>{{flag|Jersey}}<br>{{flag|Guernsey}}<br>{{flag|Isle of Man}}<br>{{flag|South Georgia and the South Sandwich Islands}} | subunit_ratio_1 = 1/100 | subunit_name_1 =[[penny]] | symbol =[[Pound sign|£]] | symbol_subunit_1 =p | frequently_used_banknotes =£5, £10, £20, £50 | issuing_authority = [[Bank of England]] | issuing_authority_website = {{URL|www.bankofengland.co.uk}} | printer = '''Issuing banks:''' English and Wales notes: :[[Bank of England]] Scottish notes: :[[Bank of Scotland]]<br />[[Royal Bank of Scotland]]<br />[[Clydesdale Bank]] Northern Irish notes: :[[Northern Bank]]/[[Danske Bank]]<br />[[First Trust Bank]]<br />[[Ulster Bank]]<br />[[Bank of Ireland]] [[Crown dependency|Crown dependencies]]: :States of [[Guernsey]]<br />[[Jersey]]<br />[[Isle of Man]]}} '''Sterling banknotes''' are the [[banknote]]s in circulation in the [[United Kingdom]] and its related territories. They are issued in various [[denomination (currency)|denominations]] of [[pound sterling|pounds sterling]] (symbol: '''£''' or GBP). Sterling banknotes are official currency in the United Kingdom, [[Jersey]], [[Guernsey]], the [[Isle of Man]], [[South Georgia and the South Sandwich Islands]], and [[Tristan da Cunha]]. One pound is equivalent to 100 [[penny|pence]]. Three [[British Overseas Territories]] also have currencies called pounds which are at par with (worth equal to) the pound sterling. Banknotes are issued by the [[Bank of England]], and also by seven other banks in the United Kingdom. Only the Bank of England notes are [[legal currency]], meaning they ''must'' be accepted in retail tade, restaurants and so on. The other banks, mostly in [[Scotland]] and [[Northern Ireland]] issue notes which are always accepted in their countries. In [[London]], where many people are of foreign origin, these notes may be refused in some places. [[Category:British currency]]