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Invoice in GBP (British Pound Sterling)

The British pound (GBP) is widely used across the United Kingdom and remains one of the most traded currencies in the world.

If you collaborate with UK clients or projects that budget in pounds, issuing GBP invoices keeps totals clear and aligns with local accounting expectations.

Cakedesk lets you create invoices and proposals in GBP with correct symbol placement, number formatting, and structure.

#A brief history of the British pound

GBP is one of the oldest continuously used currencies, dating back over 1,000 years. The modern decimal system was introduced in 1971, simplifying pricing and accounting.

Today, GBP is a major reserve currency and remains central to trade with UK businesses.

#Where GBP is typically used

GBP is the official currency in:

  • United Kingdom (England, Scotland, Wales, Northern Ireland)
  • Isle of Man and Channel Islands (with local notes/coins pegged to GBP)

It is also used for:

  • Contracts with UK-based suppliers and agencies
  • Digital services priced for UK customers
  • International agreements where the UK party prefers pounds

#Who typically accepts invoices in GBP?

Invoices in GBP are commonly accepted by:

  • UK companies and public-sector organizations
  • Multinationals with UK branches
  • Creative agencies, consultancies, and software teams serving the UK market
  • International clients that hold GBP accounts

#When should you invoice in GBP?

Invoice in GBP when:

  • Your client is based in the UK or pays from a GBP account
  • Pricing is set in pounds to match UK taxes and accounting
  • A contract specifies GBP as the billing currency
  • You want to avoid FX costs for UK customers

Using GBP keeps invoices familiar for UK accounting teams and reduces currency friction for local clients.

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