Scotland Currency & Banknote Values

In most countries, the issue of banknotes is handled exclusively by a single central bank or government, but in the United Kingdom several retail banks have had the right to print their own banknotes. 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.