Banknotes of Scotland

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.{{Cite web |title=Banknotes|url=https://www.scotbanks.org.uk/banknotes.html|publisher=Committee of Scottish Bankers |access-date=2019-07-28}} This colour scheme is similar to current Bank of England notes (except that the Bank of England does not issue a £100 note). The size of the notes is also consistent across the three Scottish banks and the Bank of England.

{{Main article|Bank of Scotland}}

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.{{cite news|url=https://www.bbc.co.uk/news/uk-scotland-scotland-politics-22251098|title=Malachi Malagrowther and the Scottish banknote|date=22 April 2017|work=BBC|access-date=2017-08-25}} 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, and show Scotland's most famous bridges on the reverse side. From 2016, the Bridges of Scotland series is being renewed with the issue of new polymer notes with designs that follow the same basic theme of bridges. The Tercentenary and 2007 series of notes are being withdrawn from circulation and replaced with the polymer series as these are issued, but older notes continue to be accepted at banks.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 notes before 1 March 2018, and twenty and fifty pound notes before 30 September 2022

{{Main article|Royal Bank of Scotland}}

From May 2020, the Royal Bank of Scotland adopted a new series of banknotes, made of polymer. The £5 note shows poet Nan Shepherd on the obverse accompanied by a quote from her book The Living Mountain, and the Cairngorms in the background. The reverse displays two mackerel and an excerpt from the Scottish Gaelic poem ‘The Choice’ by Sorley MacLean.{{cite news|url=http://www.scotsman.com/news/new-rbs-bank-notes-to-feature-nan-shepherd-and-mary-somerville-1-4108245|title=New RBS bank notes to feature Nan Shepherd and Mary Somerville|date=25 April 2016|work=The Scotsman|access-date=25 April 2016}} The obverse of the £10 note shows scientist Mary Somerville, with a quote from her work The Connection of the Physical Sciences, and Burntisland beach in the background. The reverse displays two otters and an excerpt from the poem ‘Moorings’ by Norman MacCaig.{{cite news|url=https://www.bbc.co.uk/news/uk-scotland-40892642|title=RBS to issue polymer £10 banknote in October |date=11 August 2017|work=BBC News|access-date=11 August 2017}} The obverse of the £20 note shows entrepreneur Catherine Cranston. The reverse shows two red squirrels and a quote from the Scots-language poem 'Venus and Cupid' by Mark Alexander Boyd.{{Cite web|url=https://www.eveningtimes.co.uk/news/17001564.glasgow-pioneer-kate-cranston-honoured-on-new-20-note/|title=Glasgow pioneer Kate Cranston honoured on new £20 note|work=Evening Times|author=Caroline Wilson|date=23 October 2018|access-date=23 October 2018}} The obverse of the £50 note, in red to mirror the Bank of England £50 notes, depicts educationalist Flora Stevenson on its obverse and an osprey on the reverse.{{cite news|url=https://www.edinburghlive.co.uk/news/edinburgh-news/edinburgh-primary-school-pupils-launch-20898729|title=Edinburgh primary school pupils launch Royal Bank of Scotland's new £50 note|newspaper=Edinburgh Live|date=26 June 2021|first=Abbie|last=Meehan}}

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 before 30 September 2022. On the front of each note is a picture of Lord Ilay (1682–1761), the first governor of the bank, based on a portrait painted in 1744 by the Edinburgh artist Allan Ramsay.{{cite web|url=http://www.nationalgalleries.org/collection/artists-a-z/R/6240/artist_name/Allan%20Ramsay/record_id/3983|title=Archibald Campbell [Mac Cailein Mòr], 3rd Duke of Argyll, 1682 – 1761. Statesman|year=2008|publisher=National Galleries of Scotland – Scottish National Portrait Gallery|access-date=2013-04-27}} The front of the notes also features an engraving of the bank's former headquarters in St Andrew Square, Edinburgh. The background graphic on both sides of the notes is a radial star design which is based on the ornate ceiling of the banking hall in the old headquarters building.{{cite web|url=http://www.rbs.com/about/our-banknotes/current-issue-notes.html |title=Our Banknotes – The Ilay Series |year=2008 |publisher=The Royal Bank of Scotland Group |access-date=2013-04-27 |url-status=dead |archive-url=https://web.archive.org/web/20130126133012/http://www.rbs.com/about/our-banknotes/current-issue-notes.html |archive-date=26 January 2013 }} On the back of the notes are images of Scottish castles, with a different castle for each denomination.

Occasionally the Royal Bank of Scotland issues commemorative banknotes. Examples are the £1 note issued to mark the 150th anniversary of the birth of Alexander Graham Bell in 1997, the £20 note for the 100th birthday of Queen Elizabeth The Queen Mother in 2000, the £5 note honouring veteran golfer Jack Nicklaus in his last competitive Open Championship at St Andrews in 2005, and the £10 note commemorating HM Queen Elizabeth II's Diamond Jubilee in 2012. These notes are much sought after by collectors.

{{Main article|Clydesdale Bank}}

Clydesdale Bank's polymer series came into circulation in March 2015, when the Clydesdale Bank became the first bank in Great Britain to issue polymer banknotes. 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.{{cite news|title=Clydesdale Bank brings in plastic £5 notes|url=https://www.bbc.co.uk/news/uk-scotland-scotland-business-32000610|access-date=23 March 2015|work=BBC News|date=23 March 2015}}{{cite news|title=Plastic £5 notes released by Clydesdale Bank in first for Scotland|url=http://news.stv.tv/scotland/314758-first-plastic-banknotes-from-clydesdale-bank-enter-circulation/|access-date=23 March 2015|work=STV|date=23 March 2015}} 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.

The polymer notes continue the theme of the World Heritage 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 UNESCO World Heritage Sites.{{cite web|url=http://www.theherald.co.uk/news/news/display.var.2481697.0.Clydesdale_launches_Homecoming_bank_notes.php |title=Clydesdale launches Homecoming bank notes – Herald Scotland |publisher=Theherald.co.uk |date=14 January 2009 |access-date=2010-04-09 |url-status=dead |archive-url=https://web.archive.org/web/20090214014854/http://www.theherald.co.uk/news/news/display.var.2481697.0.Clydesdale_launches_Homecoming_bank_notes.php |archive-date=14 February 2009 }}

Banknotes of the earlier Famous Scots Series portray notable Scottish historical people along with items and locations associated with them.{{cite web|title=Current Banknotes : Clydesdale Bank|url=http://www.scotbanks.org.uk/banknotes_current_clydesdale_bank.php|publisher=Committee of Scottish Bankers|access-date=27 April 2013}}

The Clydesdale Bank also occasionally issues special-edition banknotes, such as a £10 note celebrating the bank's sponsorship of the Scotland team at the 2006 Commonwealth Games.

Following the announcement of the CYBG's takeover of Virgin Money 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 there would be no change to the design, despite reports that Sir Richard Branson's face would be added to them.{{cite web|url=https://www.bbc.com/news/uk-scotland-scotland-business-48687385|title=Clydesdale Bank notes to survive Virgin Money deal|publisher=BBC News|date=19 June 2019|access-date=15 July 2019}} 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.{{cite news|url=https://www.bbc.co.uk/news/uk-scotland-scotland-business-55083152|title=Noteworthy: Clydesdale Bank's demise|work=BBC News|date=26 November 2020|access-date=26 November 2020}}

{{Portal|Money|Numismatics|Scotland|United Kingdom}}

• Banknotes of the pound sterling
• Banknotes of Northern Ireland
• People on Scottish banknotes
• Scottish coinage
• Pound Scots, the currency of Scotland prior to the Acts of Union 1707. It did not use banknotes.

{{reflist}}

• [https://www.scotbanks.org.uk/ The Committee of Scottish Bankers] at scotbanks.org.uk
• [https://en.numista.com/catalogue/scotland-banknotes-1.html Banknotes from Scotland] at Numista

{{Banknotes of the pound sterling}}

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Category:Currencies with multiple banknote issuers