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 The issuing of banknotes by Scottish banks was regulated by the Banknote (Scotland) Act 1845 until it was superseded by the Banking Act 2009.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 Scottish banknotes are not withdrawn in the same manner as Bank of
Clydesdale Bank £100 note Act 1845 until it was superseded by the Banking Act 2009.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 £100 note is currently the largest denomination of banknote issued by the Clydesdale Bank. The Famous Scots issue of the £100 note featuring scientist William Thomson, 1st Baron Kelvin was introduced in 1971. On the reverse of this note is an image of Lord Kelvin's