Bank of England - London

Address: Threadneedle St, London EC2R 8AH.
Phone: 02034614444.
Website: bankofengland.co.uk.
Specialties: Central bank.
Other points of interest: On-site services, Wheelchair-accessible entrance, Wheelchair-accessible car park.
Opinions: This company has 373 reviews on Google My Business.
Average opinion: 4/5.

Location of Bank of England

02034614444

The Bank of England, located at Address: Threadneedle St, London EC2R 8AH, is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694, it is one of the oldest banks in the world. The bank has a significant influence on the country's monetary policy, and it is responsible for maintaining the financial and monetary stability of the country.

You can easily contact the bank by phone at 02034614444 or visit their website at bankofengland.co.uk. The bank offers a wide range of on-site services and is wheelchair-accessible, making it easy for everyone to access their facilities. The bank has received 373 reviews on Google My Business, with an average rating of 4/5.

The Bank of England's specialties include being a central bank, which means it is responsible for managing the country's money supply, setting interest rates, and regulating the financial industry. Additionally, the bank is responsible for maintaining the stability of the financial system and ensuring that the country's currency remains stable.

One of the bank's critical functions is to maintain the country's monetary stability. It does this by setting interest rates, which affect the amount of money that banks can lend. By adjusting interest rates, the bank can control inflation and help to ensure that the economy remains stable.

The bank also plays a crucial role in regulating the financial industry. It oversees the activities of banks and other financial institutions, ensuring that they operate within the law and that they do not engage in risky behavior that could threaten the stability of the financial system.

Another critical function of the Bank of England is to manage the country's foreign exchange reserves. It does this by buying and selling foreign currency, which helps to maintain the value of the pound sterling.

Reviews of Bank of England

Ivan Michael Pung

5/5

Came by to exchange the old paper notes. ?You will have to enter from the main entrance, clear security and proceed to the counter to have it changed out. (Take note of the operating hours)

No queue, security was tight?‍♂️, beautiful interior ? (can’t take pictures) was an interesting experience to set into Bank Of England. The staff were also very friendly.

Valérie

5/5

It turns out that this was more fun and more interesting than expected. Congratulations for making the exhibition as current as possible with covering the particularities of the world of finance as of 2024.

I have long suspected that movies always made those Gold BARS much too light and easy to move. Thank you for the chance to handle one.

Tim Husain

5/5

Beautiful building on the inside and outside. Used to do work with them many years ago and been to a number of lectures, so lucky have to also seen inside.

Nice from the outside too, an iconic building.

Had a great free museum well. Worth a visit.

You can also go to change old bank notes and swap them over to new ones.

If only they would put interest rates back down, I wouldn't be so poor!

Catalin Hulea

4/5

I didn't go inside, I just walked around the building to admire the impressive architecture.

Sadly, the streets around it are super narrow and crowded, making it nearly impossible to find a good spot for decent pictures. But hey, that's just how it goes in London, right?

Myro

5/5

Great experience having to pay an extra £500 a month on my mortgage. Thoroughly enjoy getting shafted and transferring my hard earned life hours to give to those who already have copious amounts of money.

Call them for a ramming financially. Would highly recommend. ?

Chris Sanders

5/5

Went to get some new issue bank notes. There was no queue and the counter staff and stewards were polite friendly and helpful

Jamie Proctor

4/5

Informative with a lot of history, some good displays and exhibitions all around. There is a good chronology from beginnings to the future with old printing memorabilia and interactive displays. The gift shop sells some rare items, enjoyed overall.

Havana

4/5

Very nice building, right outside Bank Station.

Staff are very friendly, good security as expected.

Visited to exchanged the new King Charles III bank notes. However could not exchanged old coins which is the down side as had two old coins.