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The Royal Bank Of Scotland £100 Note
The Royal Bank of Scotland £100 note is a sterling banknote. It is the largest denomination of banknote issued by The Royal Bank of Scotland. The current cotton note, first issued in 1987, bears an image of Lord Ilay, one of the founders of the bank, on the obverse, and a vignette of Balmoral Castle on the reverse. History The Royal Bank of Scotland began issuing £100 notes in 1727, the same year as the bank's founding. Early banknotes were 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 The issuing of banknotes by Scottish banks was regulated by the Banknote (Scotland) Act 1845 until it was superseded by the Banking Act 2009. Though strictly not legal tender in Scotland, Scottish banknotes are nevertheless legal currency and are generally accepted throughout the United Kingdom. Scottish banknotes are fully backed such that holders have the same level of protection as those holding genuine Bank of England notes. The £100 note is currently the largest denomination of banknote ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pound (currency)
Pound is the name for a unit of currency. It is used in some countries today and previously was used in many others. The English word ''pound'' derives from the Latin expression , in which lībra is a noun meaning "pound" and ''pondō'' is an adverb meaning "by weight". The currency's symbol is £, a stylised form of the blackletter L (\mathfrak) (from ''libra''), crossed to indicate abbreviation. The term was adopted in England from the weight of silver used to make to 240 pennies, and eventually spread to British colonies all over the world. While silver pennies were produced seven centuries earlier, the first pound coin was minted under Henry VII in 1489. Countries and territories currently using currency units named "pound" Historical currencies * Australian pound (until 1966, replaced by the Australian dollar). The Australian pound was also used in the Gilbert and Ellice Islands, Nauru, New Hebrides and Papua and New Guinea. It was replaced in the New Hebrides/Vanuat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pound Sterling
Sterling (abbreviation: stg; Other spelling styles, such as STG and Stg, are also seen. ISO code: GBP) is the currency of the United Kingdom and nine of its associated territories. The pound ( sign: £) is the main unit of sterling, and the word "pound" is also used to refer to the British currency generally, often qualified in international contexts as the British pound or the pound sterling. Sterling is the world's oldest currency that is still in use and that has been in continuous use since its inception. It is currently the fourth most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and Renminbi, it forms the basket of currencies which calculate the value of IMF special drawing rights. As of mid-2021, sterling is also the fourth most-held reserve currency in global reserves. The Bank of England is the central bank for sterling, issuing its own banknotes, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Archibald Campbell, 3rd Duke Of Argyll
Archibald is a masculine given name, composed of the Germanic elements '' erchan'' (with an original meaning of "genuine" or "precious") and ''bald'' meaning "bold". Medieval forms include Old High German and Anglo-Saxon . Erkanbald, bishop of Strasbourg (d. 991) was also rendered in Old French. There is also a secondary association of its first element with the Greek prefix '' archi-'' meaning "chief, master", to Norman England in the high medieval period. The form ''Archibald'' became particularly popular among Scottish nobility in the later medieval to early modern periods, whence usage as a surname is derived by the 18th century, found especially in Scotland and later Nova Scotia. Given name English diminutives or hypocorisms include '' Arch, Archy, Archie, and Baldie (nickname)''. Variants include French ''Archambault, Archaimbaud, Archenbaud, Archimbaud'', Italian '' Archimboldo, Arcimbaldo, Arcimboldo'', Portuguese '' Arquibaldo, Arquimbaldo'' and Spanish ''Archib ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Balmoral Castle
Balmoral Castle () is a large estate house in Aberdeenshire, Scotland, and a residence of the British royal family. It is near the village of Crathie, west of Ballater and west of Aberdeen. The estate and its original castle were bought from the Farquharson family in 1852 by Prince Albert, the husband of Queen Victoria. Soon afterwards the house was found to be too small and the current Balmoral Castle was commissioned. The architect was William Smith of Aberdeen, and his designs were amended by Prince Albert. Balmoral remains the private property of the monarch and is not part of the Crown Estate. It was the summer residence of Queen Elizabeth II, who died there on 8 September 2022. The castle is an example of Scottish baronial architecture, and is classified by Historic Environment Scotland as a category A listed building. The new castle was completed in 1856 and the old castle demolished shortly thereafter. The Balmoral Estate has been added to by successive mem ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banknote
A banknote—also called a bill (North American English), paper money, or simply a note—is a type of negotiable instrument, negotiable promissory note, made by a bank or other licensed authority, payable to the bearer on demand. Banknotes were originally issued by commercial banks, which were legally required to Redemption value, redeem the notes for legal tender (usually gold or silver coin) when presented to the chief cashier of the originating bank. These commercial banknotes only traded at face value in the market served by the issuing bank. Commercial banknotes have primarily been replaced by national banknotes issued by central banks or monetary authority, monetary authorities. National banknotes are often – but not always – legal tender, meaning that courts of law are required to recognize them as satisfactory payment of money debts. Historically, banks sought to ensure that they could always pay customers in coins when they presented banknotes for payment. This p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Royal Bank Of Scotland
The Royal Bank of Scotland plc (RBS; gd, Banca Rìoghail na h-Alba) is a major retail banking, retail and commercial bank in Scotland. It is one of the retail banking subsidiaries of NatWest Group, together with NatWest (in England and Wales) and Ulster Bank. The Royal Bank of Scotland has around 700 branches, mainly in Scotland, though there are branches in many larger towns and cities throughout England and Wales. The bank is completely separate from the fellow Edinburgh-based bank, the Bank of Scotland, which pre-dates the Royal Bank by 32 years. The Royal Bank of Scotland was established in 1724 to provide a bank with strong House of Hanover, Hanoverian and Whig (British political faction), Whig ties. Following ring-fencing of the Group's core domestic business, the bank became a direct subsidiary of NatWest Holdings in 2019. NatWest Markets comprises the Group's investment banking arm. To give it legal form, the former RBS entity was renamed NatWest Markets in 2018; at th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Notes Act
Bank Notes Act is a stock short title used in the United Kingdom for legislation relating to bank notes. List The Bank Notes Acts 1826 to 1852 was the collective title of the following Acts: *The Bank Notes Act 1826 (7 Geo 4 c 6) *The Country Bankers Act 1826 (7 Geo 4 c 46) *The Bank Notes Act 1828 (9 Geo 4 c 23) *The Bank Notes (No. 2) Act 1828 (9 Geo 4 c 65) *The Bank Notes Act 1833 (3 & 4 Will 4 c 83) *The Bank Notes Act 1852 (16 & 17 Vict c 2) The Bank Notes (Scotland) Acts 1756 to 1854 is the collective title of the following Acts: *The Bank Notes (Scotland) Act 1765 (5 Geo 3 c 49) *The Bankers (Scotland) Act 1826 (7 Geo 4 c 67) *The Bank Notes (Scotland) Act 1845 (8 & 9 Vict c 38) *The Bankers' Composition (Scotland) Act 1853 (16 & 17 Vict c 63) *The Bankers (Scotland) Act 1854 (17 & 18 Vict c 73) The Bank Notes (Ireland) Acts 1825 to 1864 is the collective title of the following Acts:The Short Titles Act 1896, section 2(1) and Schedule 2 *The Bankers (Ireland) Act 18 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking Act 2009
The Banking Act 2009 (c 1) is an Act of the Parliament of the United Kingdom that entered into force in part on the 21 February 2009 in order, amongst other things, to replace the Banking (Special Provisions) Act 2008. The Act makes provision for the nationalisation of banks, amends the law on bank insolvency and administration, and makes provision about the Financial Services Compensation Scheme. It also makes provision about the regulation of inter-bank payment schemes (e.g. BACS), amends the law on the issue of banknotes by Scottish and Northern Irish banks, and makes other miscellaneous amendments to the law on banking. Banknotes Part 6 of the Act specifically deals with the right of certain commercial banks in Scotland and Northern Ireland to issue their own private banknotes, repealing the Bank Notes (Scotland) Act 1845, the Bankers (Ireland) Act 1845 and the Bankers (Northern Ireland) Act 1928. The 2009 Act empowers HM Treasury to control banknote issue more strictly, re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Legal Tender
Legal tender is a form of money that courts of law are required to recognize as satisfactory payment for any monetary debt. Each jurisdiction determines what is legal tender, but essentially it is anything which when offered ("tendered") in payment of a debt extinguishes the debt. There is no obligation on the creditor to accept the tendered payment, but the act of tendering the payment in legal tender discharges the debt. Some jurisdictions allow contract law to overrule the status of legal tender, allowing (for example) merchants to specify that they will not accept cash payments. Coins and banknotes are usually defined as legal tender in many countries, but personal cheques, credit cards, and similar non-cash methods of payment are usually not. Some jurisdictions may include a specific foreign currency as legal tender, at times as its exclusive legal tender or concurrently with its domestic currency. Some jurisdictions may forbid or restrict payment made by other than legal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The United Kingdom includes the island of Great Britain, the north-eastern part of the island of Ireland, and many smaller islands within the British Isles. Northern Ireland shares a land border with the Republic of Ireland; otherwise, the United Kingdom is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. The total area of the United Kingdom is , with an estimated 2020 population of more than 67 million people. The United Kingdom has evolved from a series of annexations, unions and separations of constituent countries over several hundred years. The Treaty of Union between the Kingdom of England (which included Wales, annexed in 1542) and the Kingdom of Scotland in 170 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of England Note Issues
The Bank of England, which is now the central bank of the United Kingdom, British Crown Dependencies and British Overseas Territories, has issued banknotes since 1694. In 1921 the Bank of England gained a legal monopoly on the issue of banknotes in England and Wales, a process that started with the Bank Charter Act of 1844 when the ability of other banks to issue notes was restricted. Banknotes were originally hand-written; although they were partially printed from 1725 onwards, cashiers still had to sign each note and make them payable to someone. Notes were fully printed from 1855. Since 1970, the Bank of England's notes have featured portraits of British historical figures. Of the eight banks authorised to issue sterling notes in the UK, only the Bank of England can issue banknotes in England and Wales, where its notes are legal tender. Bank of England notes are not legal tender in Scotland and Northern Ireland, but are always accepted by traders. The Bank of England ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dundas House
Dundas House is a Neoclassical building in Edinburgh, Scotland. It is located at 36 St Andrew Square, in the city's first New Town. The building was completed in 1774 as a private town house for Sir Lawrence Dundas by the architect Sir William Chambers. Much altered internally and extended over the years, today it is the registered office of the Royal Bank of Scotland and its parent, NatWest Group and is protected as a category A listed building. Background The site was previously occupied by a rural tavern known as "Peace and Plenty".http://www.oldedinburghclub.org.uk/wp-content/uploads/BOEC-OS/Volume-22.pdf This stood on the road from Edinburgh to Stockbridge, later called Gabriels Road, and still extant at its extremities. When the town council made plans for a New Town drawn up by James Craig in 1767, the site of Dundas House was shown as a proposed church, St. Andrew's (hence the name of the square), acting as a counterpart to St. George's Church on what became Charlot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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