News & Blog

Scottish Banknotes safe..!!

Posted on Wed, 11 June 2008 by Phil Mussell - General News, Banknote News

There had been talk in some quarters that the long tradition of Scotland's banks producing their own banknotes was under threat. Apparently plans to force banks to lodge funds with the Bank of England to cover the value of their notes had put the production of banknotes from the Clydesdale Bank, Bank of Scotland and Royal Bank of Scotland in jeopardy - according to the BBC all has now been resolved!