
The Bank of Scotland £10 note is a widely accepted form of payment in Scotland.
The note features a portrait of Sir Walter Scott, a renowned Scottish author and poet.
It's a great way to make purchases in Scotland, and you can even use it to pay for things like groceries and dining out.
The Bank of Scotland £10 note is backed by the Bank of Scotland, which is a member of the Financial Services Compensation Scheme, providing protection up to £85,000.
History of Bank of Scotland
The Bank of Scotland has a rich history that dates back to 1695 when it was founded. Paper currency was introduced in Scotland immediately following its foundation.
The Bank of Scotland started issuing banknotes, which were initially monochrome and printed on one side only. The issuing of banknotes by Scottish banks was regulated by the Banknote (Scotland) Act 1845 until it was superseded by the Banking Act 2009.
The £10 note is the second smallest denomination of banknote issued by the Bank of Scotland. Scottish banknotes are fully backed, offering the same level of protection as genuine Bank of England notes.
The Tercentenary series of Bank of Scotland notes was introduced in 1995 to celebrate the bank's three hundredth anniversary. Each note features a portrait of Walter Scott on the front.
The £10 note in the Tercentenary series has a diamond on the front to aid identification for those with impaired vision. The back features an image of The Mound, the location of the bank's headquarters.
The Tercentenary series also features a rear design representing the distilling and brewing sector. Three symbols appear on the right-hand side of the rear of the note, including Pallas, the goddess of weaving.
The Bridges series of banknotes was introduced in 2007 to replace the Tercentenary series. The size and colour of the new series remain unchanged.
A new polymer £10 note was issued on 10 October 2017, featuring Walter Scott on the front and The Mound on both sides. The new note continues to feature the Glenfinnan Viaduct on the reverse.
Designs and Innovations
The Bank of Scotland £10 note has undergone a significant design change with the introduction of a polymer note. The new design retains the portrait of Sir Walter Scott on the front, alongside the image of The Mound in Edinburgh.
The polymer note features enhanced security features, including an anti-counterfeit "window effect" and metallic ink that changes color as the note is moved.
The reverse of the new note features a steam locomotive hauling a heritage tourist train across the Glenfinnan Viaduct, a popular tourist destination in Scotland. This design element adds a new layer of visual interest to the note.
Here's a summary of the new design features:
The new polymer note is also slightly smaller than the existing paper note, measuring 132 x 69 mm compared to the 142 x 75 mm of the paper note.
Bank of Scotland News
Bank of Scotland has been issuing bank notes for over 320 years, with a rich history of evolving designs to pay homage to their heritage.
The new £10 polymer note retains the portrait of Scottish novelist and poet Sir Walter Scott on the front, alongside the image of The Mound in Edinburgh.
The note also features the anti-counterfeit "window effect" built into the windows of The Mound image, which makes it harder to counterfeit.
The reverse side of the new design features an image of the Glenfinnan Viaduct, but now includes a steam locomotive hauling a heritage tourist train.
The polymer note is cleaner, more secure, and more durable than paper notes, making it a popular choice for many.
Bank of Scotland's new £10 note will also include a new "Tactile Emboss" as an aid for the visually impaired, featuring a series of raised dots.
The new notes will be slightly smaller than the existing paper ones and are expected to enter circulation in the autumn.
All existing paper Bank of Scotland £10 notes will be gradually withdrawn following the issue of the new note, but they will still be accepted at shops, banks, and cash payment machines.
New £10 Note
The new £10 note from Bank of Scotland is made of polymer material, just like the plastic fiver.
This means it's cleaner, more secure, and more durable than the old paper notes.
The polymer note retains the portrait of Scottish novelist and poet Sir Walter Scott on the front.
The image of The Mound, the historic head office of the Bank of Scotland in Edinburgh, also remains on the front.
The Glenfinnan Viaduct image is on the reverse, but now includes a steam locomotive hauling a heritage tourist train.
The note features the same security features as the £5 polymer note, including the anti-counterfeit 'window effect' and 'rolling bar' metallic ink.
These features change colour when the note is moved, making it harder to counterfeit.
The new note also includes a new 'Tactile Emboss' for the visually impaired, created by a series of raised dots.
This feature will help people with visual impairments handle money more easily.
Sources
- https://en.wikipedia.org/wiki/Bank_of_Scotland_%C2%A310_note
- https://www.bbc.com/news/uk-scotland-scotland-business-40069986
- https://dailybusinessgroup.co.uk/2017/05/bank-of-scotland-unveils-polymer-10-note/
- https://www.insider.co.uk/news/bank-scotland-unveils-new-polymer-10506744
- https://www.dailyrecord.co.uk/scotland-now/new-bank-scotland-plastic-10-10521680
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