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Scottish banknotes are not legal tender anywhere in the UK including Scotland, where the have the status of a Prommissory note.

The Royal Bank of Scotland is the only bank still producing a One Pound note in Scotland. The notes are acceptable in Scotland.

There is an agreement in place between banks, and the Scottish One Pound note should be accepted by English banks, but might be accepted by business and trades people in England.

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13y ago
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12y ago

No. One Pound notes from the various Scottish banks have the same value as a Bank of England One Pound note.

Alternatively, if the One Pound note is in mint uncirculated condition and of interest to collectors, a coin dealer might give you Five Pounds for it.

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13y ago

The Royal Bank of Scotland is the only bank in Scotland which still issues the £1 note, and this has been the case for many years.

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13y ago

No, they ceased to be legal tender in 1988, although you may be able to change it up at a bank if you really wanted to.

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12y ago

Although Royal Bank of Scotland banknotes are not legal tender anywhere including Scotland, they are accepted as payment in all of the United Kingdom. This includes the RBS One Pound note.

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Q: Does the Royal Bank of Scotland still make a One Pound note?
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Does the Bank of Scotland still issue One Pound notes?

No. The Royal Bank of Scotland is the only bank in Scotland which still issues the £1 note, and this has been the case for many years. The Bank of Scotland and Royal Bank of Scotland are two separate banks.


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