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 After the ten shilling note was withdrawn in 1970 it became the smallest denomination note issued by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 Ireland £10 note design remained effectively unchanged for 120 years. Northern Irish banknotes are fully backed such that holders have the same level of protection as those holding genuine Bank of England notes. The £10 note is currently the second smallest denomination of banknote issued by the Bank of Ireland. The £10 note of the Queen's University Belfast Series was first issued in 2005. This issue features a representation of Hibernia on the front, alongside shields of arms of the six counties of Northern Ireland. The back of this note displays an image of Queen's University Belfast. In 2008 a new series featuring