Bank of Scotland £5 note printed on one side only. The issuing of banknotes by Scottish banks was regulated by the Banknote (Scotland) Act 1845 until it was superseded by the Banking Act 2009. Though strictly not legal tender in Scotland, Scottish banknotes are nevertheless legal currency and are generally accepted throughout the United Kingdom. Scottish banknotes are fully backed such that holders have the same level of protection as those holding genuine Bank of England notes. The £5 note is currently the smallest denomination of banknote issued by the Bank of Scotland. Scottish banknotes are not withdrawn in the same manner as Bank of
The Royal Bank of Scotland £10 note taken from The Committee of Scottish Bankers website. The Royal Bank of Scotland £10 note The Royal Bank of Scotland £10 note, also known as a tenner, is a banknote of the pound sterling. It is the third smallest denomination of banknote issued by The Royal Bank of Scotland. The current polymer note, first issued in 2017, bears a portrait of scientist Mary Somerville on the front and a pair of otters on the reverse. The Royal Bank of Scotland began issuing £10 notes in 1727, the same year as the bank's founding. Early banknotes were monochrome, and printed on