Bank of Scotland £5 note Bank of Scotland £5 note The Bank of Scotland £5 note, also known as a fiver, is a banknote of the pound sterling. It is the smallest denomination of banknote issued by the Bank of Scotland. The current polymer note, first issued in October 2016, bears the image of Walter Scott on the obverse and a vignette of the Brig o' Doon on the reverse. The polymer replaces a cotton note also featuring a portrait of Walter Scott. Paper currency was introduced in Scotland immediately following the foundation of the Bank of Scotland in 1695. Early banknotes were monochrome, and
The Royal Bank of Scotland £1 note in Europe. The first commemorative £1 note was issued to mark the European Council Summit that was held in Edinburgh on 8 December 1992. Since then, the Royal Bank has issued a number of commemorative banknotes, including £1 notes, to mark major national events or anniversaries. The Royal Bank of Scotland £1 note The Royal Bank of Scotland £1 note is a banknote of the pound sterling. It is the smallest 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