Guernsey Banking Company Currency & Banknote Values

The Guernsey Banking Company series of Guernsey in the World Currency contains 5 distinct entries.

On 18 June 1827, the Guernsey Banking Company was established by merchants Thomas Priaulx, John Le Marchant, and Hilary Rougier at 29 High Street and began issuing notes shortly thereafter. It became known as the “Old Bank” when the Guernsey Commercial Banking Company was founded in 1835. The chief business of these companies was to draw and cash bills on London and Paris, to discount local promissory notes, and to advance money.

The commercial banks lost their right to issue notes in 1914, although their notes circulated until 1924. On 1 January 1924, the Guernsey Banking Company was acquired by National Provincial Bank, which became part of National Westminster in 1970, and subsequently Royal Bank of Scotland in 2000.