How can I tell if my Scottish 20 pound note is real?

There is a HOLOGRAM on the foil patch on the front of the £20, £50 and £100 notes. If you tilt the note you should see the image change between the Bank of Scotland logo and the numerical value of the note.

How can you tell if a Scottish note is real?

Instead check for as many as possible of the following:

  • Serial Numbers. Genuine notes have unique serial numbers therefore if you have two notes displaying the same serial number at least one of them is a counterfeit.
  • Paper. …
  • Watermark. …
  • Security Thread. …
  • Printing. …
  • Move/Tilt. …
  • Detector Pen. …
  • UV Light.

How do I know if my bank notes are forged?

Raised print

Run your finger across the paper note and if it’s genuine, you should be able to feel the raised print on areas such as the words ‘Bank of England’ on the front. If it’s a counterfeit, the note is unlikely to have a textured feel to it and will feel flat all over.

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Are old Scottish pound notes worth anything?

‘ Currency issued by familiar names can fetch large sums – for example, one of the first Royal Bank of Scotland banknotes issued sold for £2,000 at a recent auction at Spink & Son. The note dated back to 1758, when it was worth one guinea.

Paper £20 notes go out of circulation on September 30 2022. Until then, you still use the old £20 notes as they are accepted as legal tender. If you’re looking to exchange any old notes, The Bank of England website has further information. Details on the site read: ‘On 20 February 2020 we issued a new polymer £20 note.

What Colour are Scottish 50 pound notes?

Designs

Note First issued Colour
Tercentenary 1995 Green
Bridges 17 September 2007 Green
Bridges 1 July 2021 Red

Do English banks accept Scottish notes?

Scottish notes aren’t legal tender in England or Scotland. Debit cards, cheques and contactless aren’t legal tender anywhere. Confused?

Can you still use old 20 pound notes?

Yes, you can continue to use paper £20 notes to make purchases at the moment. You have until the Bank of England announces an expiry date to be able to use them. Then, when the Bank of England has announced they’re expiring, you have half a year to either exchange the old notes for new ones or spend the money.

What will a counterfeit note have?

Raised print Run your finger across the paper note and if it’s genuine, you should be able to feel the raised print on areas such as the words ‘Bank of England’ on the front. If it’s a counterfeit, the note is unlikely to have a textured feel to it and will feel flat all over.

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Do money tester pens work on new notes?

Detector pens will be no good​

The detector pens that can currently detect counterfeit notes by reacting with the starch on regular paper will be of no use for polymer as they will just slide across the plastic, whether the note is fake or not.

Does Scotland still have 1 note?

The £1 note is currently the smallest denomination of banknote issued by The Royal Bank of Scotland. The bank ceased regular production of £1 notes in 2001; the denomination is still in circulation although rarely seen in cash transactions since about 2006.

Is a pound note worth anything?

Today, the notes generally sell for pounds 100-pounds 200 each, but rare items can change hands for over pounds 1,000.

Where can I sell old banknotes?

Buy and sell banknotes at auction

Buy and sell banknotes in complete confidence today with Warwick & Warwick – the UK’s leading paper money auctions specialists. Email info@warwickandwarwick.com or call 01926 499031 now.

Can I change old Scottish 20 notes at the bank?

Yes, as a Royal Bank of Scotland Bank customer you can swap, or deposit into your account, out of circulation coins/notes and replace them with new ones.

How long can I use old 20 pound notes?

Exchanging old notes

30 September 2022 is the last day you can use our paper £20 and £50 notes. After 30 September 2022, many banks will accept withdrawn notes as deposits from customers. The Post Office may also accept withdrawn notes as a deposit into any bank account you can access at the Post Office.

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How do I get rid of my old 20 pound notes?

The easiest way to get rid of the paper notes is to spend it in a shop or to deposit it at a local bank or building society. Shops will stop accepting notes from the day they officially are withdrawn by the Bank of England. However, banks usually allow customers to deposit old notes for some time after that date.

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