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If by "banknote" you refer to paper money including promissory notes and Treasury notes, the Bank of England and its predecessors have issued various forms of paper currency from as early as 1694.

It is extremely likely that earlier forms of paper money were issued by different countries, but not as general circulation currency.

Very few English notes have survived from prior to 1775.

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14y ago
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14y ago

The first recognised issue of paper money in Europe were paper 'coins' issued during the siege of Leiden (Netherlands) in 1574. The first true issue of paper money was in Stockholm (Sweden) in 1660.

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Q: When was the first bank note used?
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