Banknotes of Scotland are the tradable notes of the Pound Sterling that are in circulation in Scotland. The issuing of retail-bank banknotes in Scotland is subject to the Bank Charter Act 1844, Banknotes (Scotland) Act 1845, the Currency and Bank Notes Act 1928, and the Coinage Act 1971. Currently, three retail banks are allowed to print notes for circulation in Scotland; Bank of Scotland, Royal Bank of Scotland, and Clydesdale Bank.
Scottish banknotes are unusual, firstly because they are issued by retail banks, not central banks, and secondly, as they are technically not legal tender anywhere in the United Kingdom – not even in Scotland.
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