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All Bank of Scotland notes bear a portrait of Sir Walter Scott on the front in commemoration of his 1826 Malachi Malagrowther campaign for Scottish banks to retain the right to issue their own notes. [9] The Bank of Scotland's 2007 series of banknotes is known as the Bridges of Scotland series. These notes were introduced on 17 September 2007 ...
The Scottish and English coinages both used the same royal title, king of Great Britain, France and Ireland, and when they specified a denomination it was a Roman numeral which could be interpreted as Scottish shillings or English pence. The designs in the two kingdoms had only minor differences.
Issued by Scottish and Northern-Irish banks only. £1,000,000 note: £1,000,000: non-circulating Also known as a "Giant". Used as backing for banknotes issued by Scottish and Northern Irish banks when exceeding the value of their 1845 reserves. The amount to be covered is over a billion pounds. [12]
The Royal Bank of Scotland £100 note is a sterling banknote.It is the largest denomination of banknote issued by The Royal Bank of Scotland.The current cotton note, first issued in 1987, bears an image of Lord Ilay, one of the founders of the bank, on the obverse, and a vignette of Balmoral Castle on the reverse.
Until the middle of the 19th century, privately owned banks in Great Britain and Ireland were free to issue their own banknotes. Paper currency issued by a wide range of provincial and town banking companies in England, [14] [15] [16] Wales, [17] Scotland [18] and Ireland [19] circulated freely as a means of payment.
Scottish banknotes are legal currency and are generally accepted throughout the United Kingdom. However, they are not legal tender; not even in Scotland, where only Royal Mint coins are legal tender. Scottish banknotes are fully backed such that holders have the same level of protection as those holding genuine Bank of England notes. [2]
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Download as PDF; Printable version ... Help. Scotland portal; Currency of Scotland. Subcategories. This category has the following 2 subcategories, out of 2 total ...