The Bank of England Museum in London is a fascinating place to visit. Here, you’ll get the opportunity to learn about the history of one of the world’s oldest central banks.
This museum is located in the City of London, and it is open to the public free of charge.
About the Bank of England Museum
The Bank of England Museum is home to a collection of diverse artefacts relating to the history of the Bank and the UK economy from the Bank’s foundation in 1694 to the present day.
What to expect
One of the highlights of the museum is the gold vault, where you can see a vast collection of gold bars. These bars represent the wealth of the nation. They are a symbol of the Bank’s role as the custodian of the UK’s gold reserves.
In addition to the gold vault, the museum also features a fascinating collection of historical banknotes and coins. You will learn about the development of paper money, from the first banknotes issued by the Bank of England in the 17th century to the modern banknotes we use today.
Another interesting exhibit is the Bank’s role in wartime. During World War II, the Bank played a vital role in financing the war effort and maintaining the stability of the economy. The museum has a collection of fascinating artefacts and documents from this period. You’ll see items such as ration books and air raid shelter plans.
If you are interested in the technology behind banking, the museum also has an exhibit on the Bank’s role in the development of payment systems. You can see how the Bank has played a key role in the development of payment technologies, from the introduction of cheques to the creation of the modern electronic payment system.
The Bank of England Museum is not just for adults, there are plenty of interactive exhibits designed to engage children. The museum has a hands-on exhibit on the role of the Bank of England in maintaining financial stability. There’s also a fun quiz to test your knowledge of money.