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The link between gold and banknote

Mr Majestic made this Freedom of Information request to Prudential Regulation Authority

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Dear Prudential Regulation Authority,

As the link between gold and banknotes had been broken in the 1931 gold standard act.

1. What did the receipt ant (public) get in return for remedy?

2. Where and what happened to the gold that the receipt ant (public) had in the banks?

Yours faithfully,

Mr Majestic

Enquiries, Prudential Regulation Authority

Dear Mr Majestic

We acknowledge receipt of your email dated 27 February below (our ref: CAS-05907-V5J6Y7).

We will reply in due course.

Yours sincerely

Information Access Team, Communications Directorate
Bank of England | Threadneedle Street | London EC2R 8AH | +44 20 3461 4878

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Enquiries, Prudential Regulation Authority

3 Attachments

Dear Mr Majestic

Please find attached a response to your emails of 27 February also attached.

Yours sincerely

Information Access Team, Communications Directorate
Bank of England | Threadneedle Street | London EC2R 8AH | +44 20 3461 4878

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