1 Pound Sterling

The British Linen Bank — formally the British Linen Company, chartered in 1746 originally to promote the Scottish linen trade — retained its banking charter long after textiles became irrelevant to its business. By 1961 it was operating as a fully commercial bank and would eventually be absorbed into the Bank of Scotland in 1971, ending over two centuries of independent note issue.

Thomas De La Rue produced this note at their London works, a routine arrangement for Scottish provincial issuers who lacked domestic printing infrastructure of comparable security. The P#162 series is not among the rarer British Linen issues; survivorship is relatively high.