does scotland have its own currency ?

Answer 1

Yes it does. There are three banks in Scotland which issue banknotes - the Bank of Scotland, the Royal Bank of Scotland and Clydesdale Bank. All of them issue £5, £10, £20, £50 and £100 notes, RBS also issues £1 notes, the designs of all the notes are different.

They can be spent in the rest of the UK but many traders are reluctant to accept Scottish banknotes because in the past they were comparatively easy to forge and a lot of fraudulent Scottish banknotes were in circulation.

The only other bank in the UK to issue banknotes is the Bank of England and these notes are accepted throughout the UK.

Coins are the same throughout the whole of the UK, only the notes differ.

Answer 2

Scotland uses the same currency as the rest of the United Kingdom. GBP, standing for Great Britain Pounds.

Answer 3

Same as above, but they also have their own bank--the Royal Bank of Scotland. They are pounds, but look a little different.

Answer 4

whats up. that is the pound. They produce Scottish variations of the notes and kilos, besides the indisputable fact that it continues to be an same forex. Wales, Northern eire, Isle of guy, SCgannel Islands, Gibraltar, Falkland Islands- all have regionally suitable variations of the forex, the pound funds are in each single position. Cheers, Steve.