Promissory notes of a bank, that is, a promise by a bank to pay. They were the only form of paper currency in England. They were circulated by numerous banks in England in the early part of the century before the bank acquired a monopoly on their issue.
Central bank issued paper which is considered legal tender.
nickname for the stamps of 1870-1894 produced by the National Bank Note Co., Continental Bank Note Co., and American Bank Note Co. The Bank Notes are sub-divided into Large Bank Notes and Small Bank Notes. Begins with Scott 134.
Papers promising a specific amount of money, in gold, to bearers who present them to issuing banks for redemption.
Paper issued by the central bank, redeemable as money and considered to be full legal tender.
A term describing the printed, physical currency of a country as opposed to funds held in accounts, i.e., Australian dollar bank notes are the $1, $5, $10, $20 bills in your wallet. Bank notes are not traditionally part of the FX market and are typically priced at a premium to the current spot rate for a currency.
Unsecured and uninsured medium-term notes issued by a bank. The issuing bank does not pay a Federal Deposit Insurance Corporation (FDIC) premium on bank notes.
Bank notes are paper issued by the central or issuing bank and are legal tender, but are not usually considered to be part of the FX market. However bank notes can be converted , in some countries, into FX. Bank notes are normally priced at a premium to the current spot rate for a currency.
