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Quick Answer. Like the rest of the United Kingdom, the currency used in Scotland is the British pound. Scottish banks do print their own version of the pound, which are called Scottish notes. These notes are widely accepted across the United Kingdom but may be denied in rare cases. One pound is made up of 100 pence.
Scotland also does not have any import or export restrictions on any form of money so visitors will not have to fret about whatever currency they carry into the country with them. The currency of Scotland is the GBP Pound (Â£). One pound is comprised of 100 pence and coins can be obtained in 1p, 2p, 5p, 10p, 20p, 50p, Â£1 and Â£2 denominations. Bank notes are commonly divided into Â£5, Â£10, Â£20 and Â£50 amounts.