Bank of England £1 note still occasionally found in circulation in Scotland, alongside Royal Bank of Scotland £1 notes. This is because Scotland has no concept of Legal Tender, and any Sterling bank note, of any age, may be used provided the trader is content to accept it. The Bank of England will exchange old £1 notes for their face value in perpetuity. Information taken from Bank of England website. Bank of England £1 note The Bank of England £1 note was a banknote of the pound sterling. After the ten shilling note was withdrawn in 1970 it became the smallest denomination note issued by
Bank of England £20 note Images on the reverse of the Turner note will include a c.1799 self-portrait of Turner, a version of Turner's "The Fighting Temeraire", the quote "Light is therefore colour" from an 1818 lecture by Turner, and a copy of Turner's signature as made on his will. Information taken from Bank of England website. Bank of England £20 note The Bank of England £20 note is a banknote of the pound sterling. It is the second highest denomination of banknote issued by the Bank of England. The current cotton note, first issued in 2007, bears the image of Queen Elizabeth II on