Wales so closed in 1908; since then, although banks in Scotland and Northern Ireland continue to have the right to issue banknotes in their own countries, the Bank of England has a monopoly on the issue of banknotes in Wales. The Commercial Bank of Wales, established in Cardiff by Sir Julian Hodge in 1971, was taken over by the Bank of Scotland in 1988 and absorbed into its parent company in 2002. The Royal Mint, who issue the coinage circulated through the whole of the UK, have been based at a single site in Llantrisant since 1980. Since decimalisation, in 1971,
Royal Mint control of Westminster since the beginning of the war, a mint was ordered to be set up after parliament debated the proposal on 8 December 1642. After approval was granted, a mint and moneyers were dispatched on 8 December 1642 to the town which was under constant threat of attack by loyalist troops. In September 1643 the town was captured by the Cornish Royalist Army led by Prince Maurice leading to Vyvyan moving his nearby mint in Truro to the now recaptured town. The exact location of the mint in Exeter is unknown, however maps from the time show a