The main features of sterling cash can be briefly summarized as follows:

1, currency name: GBP

2. Issuer: Bank of England.

3. Currency symbol: pound.

4. Incoming currency:1=100p.

5. Banknote denomination: 5 10/0,20,50.

As Britain is the earliest industrialized country in the world and once dominated the international financial industry, the pound was once the most widely used currency in international settlement business. After World War I and World War II, Britain's economic status has been declining, but due to historical reasons, Britain's financial industry is still very developed, and the pound still occupies a considerable position in the settlement of foreign exchange transactions.