Alba
Scotland
The Royal Bank of Scotland Limited (RBS)
(Founded 1727, First issuing banknotes on 08.12.1727)
(Founded 1727, First issuing banknotes on 08.12.1727)
Currency : Pound Sterling (GBP)
Posted below are the two notes of £10 and £20 both dated 29.01.2021. These notes bear the signature of Alison Rose, the first female appointed to lead a major bank in the United Kingdom. Alison Rose was appointed to the Chief Executive Office in November 2019, following the resignation of Ross Maxwell McEwan, who is now the CEO of the National Australia Bank Ltd in Australia.
As these are reprints, the designs are the same as those previously issued except with new signature and new date.
Despite
the introduction of the polymer banknote series in Scotland since 2016,
it is surprising to see these reprints were issued so soon, especially the denomination of the £20. In addition
to the Royal Bank of Scotland, banknotes issued by the Bank of Scotland
and Clydesdale Bank are also circulating in Scotland, not to mention
those issued by the Bank of England too. Scotland has a rather small
population as compared to England and polymer banknotes are supposed to
last at least 2.5 times longer than those cotton based banknotes.
Perhaps the quantity printed are not a lot, but them, many people are
now using less cash for their daily transactions, especially during this
current Covid-19 pandemic, and as such the demand would have dropped
too. I am sure there are more notes printed waiting to be released as well?
The only note that is missing Alison Rose's signature is the £5 note, and I am sure she will get to sign one in the near future.
Signature - Alison Rose
£10 - 132mm x 69mm
£20 - 139mm x 73mm
Ten Pounds
 |
| Mary Fairfax Somerville (b.1780-1872) |
 |
| two otters, poem 'Moorings' by Norman MacCraig, Burntishland beach |
Twenty Pounds
 |
| Dated 2021, Catherine “Kate” Cranston (b.1948-1934) |
 |
| Two playful Red Squirrels on a tree |
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