The Royal Bank of Scotland £10 note
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The Royal Bank of Scotland £10 note, also known as a tenner, is a sterling
banknote A banknote—also called a bill (North American English), paper money, or simply a note—is a type of negotiable promissory note, made by a bank or other licensed authority, payable to the bearer on demand. Banknotes were originally issued ...
. It is the third smallest denomination of banknote issued by
The Royal Bank of Scotland The Royal Bank of Scotland plc (RBS; gd, Banca Rìoghail na h-Alba) is a major 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 Ba ...
. The current
polymer A polymer (; Greek '' poly-'', "many" + ''-mer'', "part") is a substance or material consisting of very large molecules called macromolecules, composed of many repeating subunits. Due to their broad spectrum of properties, both synthetic a ...
note, first issued in 2017, bears a portrait of scientist Mary Somerville on the front and a pair of otters on the reverse. BALCONY


History

The Royal Bank of Scotland The Royal Bank of Scotland plc (RBS; gd, Banca Rìoghail na h-Alba) is a major 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 Ba ...
began issuing £10 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 The issuing of banknotes by Scottish banks was regulated by the Banknote (Scotland) Act 1845 until it was superseded by the Banking Act 2009.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 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 ...
in Scotland, Scottish banknotes are nevertheless legal currency and are generally accepted throughout the
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 European mainland, continental mainland. It comprises England, Scotlan ...
. Scottish banknotes are fully backed such that holders have the same level of protection as those holding genuine Bank of England notes. The £10 note is currently the third smallest denomination of banknote issued by The Royal Bank of Scotland. Scottish banknotes are not withdrawn in the same manner as Bank of England notes, and therefore several different versions of the Royal Bank of Scotland ten pound note may be encountered. The Ilay series of banknotes was first issued in 1987. These banknotes featured a portrait of Lord Ilay, first governor of the bank, on the front. Lord Ilay's image is also used as a watermark on the notes. Other design elements include the bank's coat of arms and logo, the facade of
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 Will ...
, the bank's headquarters in Edinburgh, and a pattern representing the ceiling of the headquarters' banking hall. All of the Ilay series notes feature a castle on the back. On the reverse of the £10 note is an image of
Glamis Castle Glamis Castle is situated beside the village of Glamis (, ) in Angus, Scotland. It is the home of the Earl of Strathmore and Kinghorne, and is open to the public. Glamis Castle has been the home of the Lyon family since the 14th century, thoug ...
. The current new polymer £10 note was issued in 2017, and the Committee of Scottish Bankers encouraged the public to spend or exchange older, non-polymer ten pound notes before 1 March 2018. The new design was unveiled in April 2016, and features a portrait of scientist Mary Somerville on the front. Alongside the portrait is an image of Burntisland beach, as well as a quote from Somerville's work ''The Connection of the Physical Sciences''. The rear of the note bears an image of two otters alongside an excerpt from Norman MacCaig's poem ''Moorings''.


Designs

Information taken from The Committee of Scottish Bankers website.


References


External links


The Committee of Scottish Bankers website
{{DEFAULTSORT:Royal Bank of Scotland 10 note Banknotes of Scotland Ten-base-unit banknotes Royal Bank of Scotland