The name of the central bank of the United Kingdom is the Central Bank of England. It is one of the banks that can print banknotes in the United Kingdom. It has a monopoly in England and Wales, but also handles issuing notes in Scotland and Northern Ireland. The United Kingdom has the authority to manage its monetary policy and is also responsible for the economic balance. It is one of the oldest banks in the world, the first year of establishment and its date is April 27, 1694. Its authorized currency is British Pound and its short code is GBP. The Bank is headquartered in London, perhaps the financial center of the world. It serves public institutions and organizations, individual customers are not accepted.