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
Bank of Scotland £10 note the bank's headquarters. Each denomination also features a rear design reflecting a certain aspect of Scottish industry and society. On the £10 note the rear design represents the distilling and brewing sector. Three symbols appear on the right-hand side of the rear of the note. These are (from top to bottom) Pallas, goddess of weaving (symbol of the British Linen Bank which merged with the Bank of Scotland in 1971), a saltire with gold bezants (part of the bank's coat of arms), and ship (a symbol of the Union Bank of Scotland which merged with the Bank of Scotland in