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Banknotes of Scotland

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22: 1201: 1229: 1215: 1187: 807:. The £5 commemorative notes, issued to mark the 125th anniversary of the construction of the Forth Bridge, contain several new security features including a reflective graphic printed over a transparent window in the banknote. The public were encouraged to spend or exchange non-polymer five and ten pound notes before 1 March 2018 and twenty and fifty pound notes before 30 September 2022. 847:
in 2018 and planned phasing-out of the Clydesdale Bank brand by 2021 in favour of Virgin Money, there was uncertainty as to the future of the Clydesdale Bank's banknotes after 2021. In June 2019, the company confirmed that it would continue to issue notes under the Clydesdale Bank name and clarified
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The fact that the notes are not defined as legal tender means that they are not withdrawn from circulation in the same way as the Bank of England notes, which cease to be legal tender on a given date. Instead, the Scottish banks withdraw old notes from circulation as they are banked. Any notes still
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The previous series of Royal Bank of Scotland notes, originally issued in 1987, is in the process of being replaced by a polymer series: the Committee of Scottish Bankers encouraged the public to spend or exchange non-polymer five and ten pound notes before 1 March 2018, and twenty and fifty pounds
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The design process of the notes was touted as a "collaboration with the people of Scotland", with a total of 1,178 Scots being included. Nile HQ, a Strategic Design Company led the redesign process and De La Rue printed the notes. Each note contributes to an overall theme ‘Fabric of Nature’. Given
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For ease of identification, all three issuing banks in Scotland use the same principal colour for each denomination: Blue for £5, brown for £10, purple for £20, red for £50, and turquoise for £100. This colour scheme is similar to current Bank of England notes (except that the Bank of England does
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and 2007 series of notes are being withdrawn from circulation and replaced with the polymer series as these are issued, but older notes continue to be accepted at banks. In line with this, the Committee of Scottish Bankers encouraged the public to spend or exchange non-polymer five and ten pound
852:'s face would be added to them. However, they became rarer from 2020 after the bank withdrew from contracts to supply cash machines run by rival lenders, meaning they could no longer be withdrawn from Santander, TSB, Co-op or Asda machines. 60:, which repealed all earlier legislation under which banknote issuance was regulated, and the Scottish and Northern Ireland Banknote Regulations 2009. Currently, three retail banks are allowed to print notes for circulation in Scotland: 512:
the national significance of the notes, Nile HQ invited some Scottish designers, photographers and calligraphers to develop the creative concept for the new notes (O Street, Graven Images, Timorous Beasties, Stuco and Susie Leiper).
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anywhere in the United Kingdom. Scottish bank notes are not legal tender even in Scotland, where, in law, no banknotes, even those issued by the Bank of England, are defined as legal tender. Formally, they are classified as
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which is based on the ornate ceiling of the banking hall in the old headquarters building. On the back of the notes are images of Scottish castles, with a different castle for each denomination.
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Series of paper banknotes, introduced in autumn 2009. The new notes each depict a different notable Scot on the front and on the reverse bear an illustration of one of Scotland's
2202: 2601: 2596: 2591: 2586: 2197: 2192: 2187: 2581: 2576: 1312: 1413: 2498: 2103: 2493: 2727: 815: 1337: 52:, the oldest bank operating in the country, was the first bank in Europe to successfully print its own banknotes in 1695. The issuing of banknotes by 1371: 803:
Clydesdale Bank's polymer series came into circulation in March 2015, when the Clydesdale Bank became the first bank in Great Britain to issue
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in 2005, and the £10 note commemorating HM Queen Elizabeth II's Diamond Jubilee in 2012. These notes are much sought after by collectors.
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campaign for Scottish banks to retain the right to issue their own notes. The Bank of Scotland's 2007 series of banknotes is known as the
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also occasionally issues special-edition banknotes, such as a £10 note celebrating the bank's sponsorship of the Scotland team at the
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series. These notes were introduced on 17 September 2007, and show Scotland's most famous bridges on the reverse side. From 2016, the
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series is being renewed with the issue of new polymer notes with designs that follow the same basic theme of bridges. The
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not issue a £100 note). The size of the notes is also consistent across the three Scottish banks and the Bank of England.
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issues commemorative banknotes. Examples are the £1 note issued to mark the 150th anniversary of the birth of
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Series portray notable Scottish historical people along with items and locations associated with them.
2418: 2351: 2182: 2146: 880: 1848: 1367: 1056: 1050: 362: 2005: 1961: 1883: 1490: 1826: 563: 2544: 2488: 1983: 1313:"The Bank of England's approach to regulating Scottish and Northern Ireland commercial banknotes" 833: 96:
in circulation continue to be honoured by banks, but retailers may refuse to accept older notes.
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Scottish banknotes are unusual, first because they are issued by retail banks, not government
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notes before 1 March 2018, and twenty and fifty pound notes before 30 September 2022
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From May 2020 the Royal Bank of Scotland adopted a new series of banknotes, made of
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that are issued by three Scottish retail banks and in circulation in
1910:"Plastic £5 notes released by Clydesdale Bank in first for Scotland" 1729: 516:
before 30 September 2022. On the front of each note is a picture of
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was the first bank in Europe to successfully print its own banknotes
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Vignette of industrial tools against a background of sailing ships
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there would be no change to the design, despite reports that Sir
529: 2069: 1552:"New RBS bank notes to feature Nan Shepherd and Mary Somerville" 1779: 664: 1754: 1936:"Clydesdale launches Homecoming bank notes – Herald Scotland" 477: 1704: 1679: 88:, and the law requires that the issuing banks hold a sum of 840: 2053:"Only 1 week left to use your paper £20 and £50 banknotes" 1870:"Only 1 week left to use your paper £20 and £50 banknotes" 1538:"Only 1 week left to use your paper £20 and £50 banknotes" 1825:. The Royal Bank of Scotland Group. 2008. Archived from 1609:"Glasgow pioneer Kate Cranston honoured on new £20 note" 1705:"Graven - We design beautiful spaces, places and ideas" 700:
Former Royal Bank of Scotland banknotes, all withdrawn
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Former Bank of Scotland paper banknotes, all withdrawn
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or gold equivalent to the total value of notes issued.
1654: 1984:"Clydesdale Bank notes to survive Virgin Money deal" 1954: 1182: 500:. The obverse of the £50 note, in red to mirror the 444:
on the obverse accompanied by a quote from her book
1938:. Theherald.co.uk. 14 January 2009. Archived from 476:beach in the background. The reverse displays two 119:All Bank of Scotland notes bear a portrait of Sir 484:. The obverse of the £20 note shows entrepreneur 2714: 1491:"Malachi Malagrowther and the Scottish banknote" 1447:"Four-week deadline to use Scottish paper money" 946:Former Clydesdale Bank banknotes, all withdrawn 547:in 1997, the £20 note for the 100th birthday of 1606: 1416:. Committee of Scottish Bankers. Archived from 425: 2128: 1580:"RBS to issue polymer £10 banknote in October" 1330: 551:in 2000, the £5 note honouring veteran golfer 464:. The obverse of the £10 note shows scientist 2097: 508:on its obverse and an osprey on the reverse. 1884:"Clydesdale Bank brings in plastic £5 notes" 1441: 1439: 1437: 1435: 1130:Vignette of the Bruce on horseback with the 810:The polymer notes continue the theme of the 452:in the background. The reverse displays two 480:and an excerpt from the poem ‘Moorings’ by 2104: 2090: 1962:"Current Banknotes : Clydesdale Bank" 1780:"Susie Leiper | Susie Leiper Calligrapher" 123:on the front in commemoration of his 1826 2728:Currencies with multiple banknote issuers 1815: 1544: 1432: 1414:"What to do with Scottish Paper £5 notes" 108: 1392: 1265:, the currency of Scotland prior to the 792: 20: 16:Scottish banknotes of the pound sterling 532:on both sides of the notes is a radial 470:The Connection of the Physical Sciences 2715: 2111: 2006:"Noteworthy: Clydesdale Bank's demise" 1793: 1634: 1288:"BOS - Internet Banking - Unavailable" 2085: 1374:from the original on 30 January 2019 1680:"O Street - Design & direction" 1607:Caroline Wilson (23 October 2018). 1572: 79:, and second, because they are not 13: 2567: 839:Following the announcement of the 393:Vignette of education and research 257:Bridges of Scotland Series (2007) 14: 2739: 2070:The Committee of Scottish Bankers 2063: 1823:"Our Banknotes – The Ilay Series" 1402:. 21 February 2007. p. 2544. 570:Royal Bank of Scotland banknotes 1227: 1213: 1199: 1185: 549:Queen Elizabeth The Queen Mother 2045: 2032:"Royal Bank of Scotland - CSCB" 2024: 1998: 1976: 1964:. Committee of Scottish Bankers 1928: 1902: 1876: 1862: 1849:"Royal Bank of Scotland - CSCB" 1841: 1772: 1747: 1722: 1697: 1672: 1647: 1628: 1600: 1530: 1509: 1471:. Committee of Scottish Bankers 1243:Banknotes of the pound sterling 1635:Meehan, Abbie (26 June 2021). 1483: 1461: 1406: 1386: 1360: 1305: 1280: 875:Polymer Series (2015 onwards) 589:Polymer Series (2016 onwards) 163:Polymer Series (2016 onwards) 56:in Scotland is subject to the 1: 2697:Economy of the United Kingdom 1273: 1248:Banknotes of Northern Ireland 965:World Heritage Series (2009) 468:, with a quote from her work 2644:British Overseas Territories 1253:People on Scottish banknotes 426:Royal Bank of Scotland notes 403:Vignette of arts and culture 346:withdrawn 29 September 2023 328:withdrawn 30 September 2022 313:withdrawn 30 September 2022 99: 7: 1755:"Stuco - Portfolio of work" 1449:. BBC News. 5 February 2018 1269:. It did not use banknotes. 1178: 998:Edinburgh Old and New Towns 913:Edinburgh Old and New Towns 816:UNESCO World Heritage Sites 526:St Andrew Square, Edinburgh 351:Tercentenary Series (1995) 144:Bank of Scotland banknotes 10: 2744: 856:Clydesdale Bank banknotes 796: 496:poem 'Venus and Cupid' by 429: 112: 2676: 2649:(at parity with sterling) 2642: 2614: 2557: 2515: 2481: 2460: 2456: 2449:Danske Bank/Northern Bank 2447: 2409: 2399: 2375: 2344: 2335: 2292: 2254: 2245: 2211: 2170: 2137: 2119: 1517:"Bank of Scotland - CSCB" 1338:"Legal Tender Guidelines" 1064: 1051:Charles Rennie Mackintosh 964: 874: 821:Banknotes of the earlier 726: 718: 673: 588: 504:, depicts educationalist 502:Bank of England £50 notes 440:. The £5 note shows poet 358: 350: 278: 256: 172: 162: 90:Bank of England banknotes 1986:. BBC News. 19 June 2019 1734:www.timorousbeasties.com 1292:www.bankofscotland.co.uk 1134:against a background of 488:. The reverse shows two 456:and an excerpt from the 2076:Banknotes from Scotland 1655:"Service Design I Nile" 1368:"What is legal tender?" 960:Additional Information 870:Additional Information 834:2006 Commonwealth Games 714:Additional Information 584:Additional Information 300:withdrawn 1 March 2018 287:withdrawn 1 March 2018 271:Additional Information 158:Additional Information 2658:Falkland Islands pound 2294:Royal Bank of Scotland 541:Royal Bank of Scotland 432:Royal Bank of Scotland 109:Bank of Scotland notes 66:Royal Bank of Scotland 30: 2723:Banknotes of Scotland 1235:United Kingdom portal 1169:University of Glasgow 1102:Vignette of a map of 974:Sir Alexander Fleming 793:Clydesdale Bank notes 545:Alexander Graham Bell 492:and a quote from the 460:poem ‘The Choice’ by 34:Banknotes of Scotland 24: 1065:Famous Scots Series 125:Malachi Malagrowther 2072:at scotbanks.org.uk 1942:on 14 February 2009 1759:www.stucodesign.com 1348:on 17 December 2008 947: 857: 719:Ilay Series (1987) 701: 674:Ilay Series (1987) 571: 498:Mark Alexander Boyd 446:The Living Mountain 253: 145: 133:Bridges of Scotland 129:Bridges of Scotland 2668:Saint Helena pound 2616:Crown Dependencies 2561:(no longer issued) 2403:(currently issued) 2113:Sterling banknotes 2055:. 12 January 2024. 2012:. 26 November 2020 1872:. 12 January 2024. 1829:on 26 January 2013 1540:. 12 January 2024. 1399:The London Gazette 1267:Acts of Union 1707 1207:Numismatics portal 1132:Monymusk Reliquary 945: 855: 699: 640:Catherine Cranston 569: 486:Catherine Cranston 296:Glenfinnan Viaduct 251: 192:Glenfinnan Viaduct 143: 31: 2710: 2709: 2651: 2610: 2609: 2553: 2552: 2511: 2510: 2507: 2506: 2395: 2394: 2391: 2390: 2241: 2240: 2237: 2236: 2121:England and Wales 1420:on 22 August 2017 1176: 1175: 1082:from Burns' poem 943: 942: 886:Sir William Arrol 805:polymer banknotes 790: 789: 697: 696: 560:Open Championship 539:Occasionally the 528:. The background 423: 422: 338:Sir Walter Scott 249: 248: 2735: 2687: 2647: 2565: 2564: 2559:Northern Ireland 2458: 2457: 2454: 2453: 2407: 2406: 2401:Northern Ireland 2342: 2341: 2256:Bank of Scotland 2252: 2251: 2135: 2134: 2126: 2125: 2106: 2099: 2092: 2083: 2082: 2057: 2056: 2049: 2043: 2042: 2040: 2038: 2028: 2022: 2021: 2019: 2017: 2002: 1996: 1995: 1993: 1991: 1980: 1974: 1973: 1971: 1969: 1958: 1952: 1951: 1949: 1947: 1932: 1926: 1925: 1923: 1921: 1906: 1900: 1899: 1897: 1895: 1880: 1874: 1873: 1866: 1860: 1859: 1857: 1855: 1845: 1839: 1838: 1836: 1834: 1819: 1813: 1812: 1810: 1808: 1797: 1791: 1790: 1788: 1786: 1776: 1770: 1769: 1767: 1765: 1751: 1745: 1744: 1742: 1740: 1726: 1720: 1719: 1717: 1715: 1701: 1695: 1694: 1692: 1690: 1676: 1670: 1669: 1667: 1665: 1651: 1645: 1644: 1632: 1626: 1625: 1623: 1621: 1604: 1598: 1597: 1595: 1593: 1588:. 11 August 2017 1576: 1570: 1569: 1567: 1565: 1548: 1542: 1541: 1534: 1528: 1527: 1525: 1523: 1513: 1507: 1506: 1504: 1502: 1487: 1481: 1480: 1478: 1476: 1465: 1459: 1458: 1456: 1454: 1443: 1430: 1429: 1427: 1425: 1410: 1404: 1403: 1390: 1384: 1383: 1381: 1379: 1364: 1358: 1357: 1355: 1353: 1344:. 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Index


Bank of Scotland
banknotes
pound sterling
Scotland
Bank of Scotland
retail banks
Banking Act 2009
Bank of Scotland
Royal Bank of Scotland
Clydesdale Bank
central banks
legal tender
promissory notes
Bank of England banknotes
Bank of Scotland
Walter Scott
£5
Brig o' Doon
£10
Glenfinnan Viaduct
£20
Forth Bridge
£50
Falkirk Wheel
The Kelpies
£100
Flora Murray
Brig o' Doon
Glenfinnan Viaduct

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