The Royal Bank of Scotland £5 note The Royal Bank of Scotland £5 note The Royal Bank of Scotland £5 note, also known as a fiver, is a banknote of the pound sterling. It is the second smallest denomination of banknote issued by The Royal Bank of Scotland. The current polymer note, first issued in 2016, bears an image of the author Nan Shepherd on the obverse and a pair of mackerel on the reverse. The Royal Bank of Scotland began issuing £5 notes in 1727, the same year as the bank's founding. Early banknotes were monochrome, and printed on one side only. The issuing of banknotes
Bank of England note issues tender in 1945. The £50 denomination did not reappear until 20 March 1981 when a Series D design was issued featuring the architect Christopher Wren and the plan of St Paul's Cathedral on the reverse of this large note. In 1994 this denomination was the last of the first Series E issue, when the Bank commemorated its 300th birthday by featuring its first governor, Sir John Houblon, on the reverse. The old Series D £50 note was withdrawn from circulation on 20 September 1996. In May 2009, the Bank of England announced a new design in Series F, featuring James