Clydesdale Bank £5 note banknotes by Scottish banks was regulated by the Banknote (Scotland) Act 1845 until it was superseded by the Banking Act 2009.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 Clydesdale Bank. Scottish banknotes are not withdrawn in the same manner as Bank of England notes, and therefore several different versions of the
Clydesdale Bank £50 note Clydesdale Bank £50 note The Clydesdale Bank £50 note is a banknote of the pound sterling. It is the second largest denomination of banknote issued by the Clydesdale Bank. The current cotton note, first issued in 2009 bears a portrait of Elsie Inglis, founder of the Scottish Women's Hospitals, on the obverse and an image of the Antonine Wall on the reverse. The Clydesdale Bank began issuing banknotes (although not in £50 denominations) in 1838, the same year as the bank's founding. Early banknotes were monochrome, and printed on one side only. The issuing of banknotes by Scottish banks was