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Finance & Economics

Bank of Scotland presents new polymer banknotes

The design of the new polymer £20 note will enter circulation early in the new year

Bank of Scotland presents new polymer banknotes. bbc.com

Bank of Scotland has shown a new polymer £20 note. The front side of the note will continue to feature the portrait of the Scottish novelist Sir Walter Scott, along with the image of The Mound in Edinburgh. The distinctive red Forth Bridge remains on the reverse, which was listed as a World Heritage Site by UNESCO in July 2015.

Polymer notes by Bank of Scotland have the anti-counterfeit ‘window effect’ which can be found in the windows of The Mound. The £20 polymer note includes a holographic depth stripe. The top of the foil features a Northern Lights effect when tilted, additionally the clouds adjacent to ‘Fame’ will move left to right when tilted east to west. Holders of the new polymer note will see a new image of the Forth Bridges, with the Queensferry Crossing visible in the background.

Bank of Scotland has issued banknotes for more than 320 years, showcasing the country’s proud history. The Queensferry Crossing is the perfect example of Scottish ingenuity and innovation, and that’s why we have decided to commemorate the landmark site on a collection of our £20 Polymer notes
Tara Foley, Managing Director of Bank of Scotland

Bank of Scotland will gradually withdraw all existing £20 notes following the issuance of the new note. However, both of them will continue to be accepted at shops, banks, and cash payment machines.

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