Bank of Scotland unveils new £20 note
The Bank of Scotland has unveiled the design of its new polymer £20 note, which will enter circulation early next year.
The front of the note will continue to feature the portrait of Scottish novelist and poet Sir Walter Scott alongside an image of The Mound in Edinburgh. The Forth Bridge remains on the reverse, but the Queensferry Crossing, opened in 2017, will be visible in the background.
The Queensferry Crossing will also be celebrated in its own right on a limited number of commemorative £20 notes.
The notes will also feature a series of security measures, such as a 'window effect' which can be found in the windows of The Mound. The notes also feature a holographic depth stripe, the top of the foil features a northern lights effect when tilted, and the clouds on the notes will move left to right when tilted east to west. Like the £10 polymer note, the £20 notes will also introduce the 'tactile emboss' feature to aid the visually impaired.
All existing paper Bank of Scotland £20 notes will be gradually withdrawn following the issuing of the new note, but any in circulation will continue to be accepted at shops, banks and cash payment machines.
Unlike English banknotes, Scottish notes are produced by three different banks: Bank of Scotland, Royal Bank of Scotland and Clydesdale Bank. The notes are generally accepted in the rest of the UK as well.
What will the notes look like?
The front and back of the new £20 note is below:
Here's the back of the limited edition commemorative note:
MSE weekly email
FREE weekly MoneySaving email
For all the latest deals, guides and loopholes simply sign up today – it's spam-free!
Join the MSE Forum discussion