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| 正面铭文 | 登录 以查看详情 |
| 背面描述 | No reverse image is available; a full description cannot be provided for this side. |
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| 防伪描述 | Watermarked cotton paper typical of Scottish chartered bank issues of the period. |
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The Union Bank of Scotland issued this note during a period when Scottish commercial banks still retained full note-issuing rights without the restrictions imposed on English banks by the 1844 Bank Charter Act — a legislative asymmetry that persisted well into the twentieth century and allowed institutions like the Union Bank to maintain their own circulating currency as a genuine competitive asset.
The Union Bank was absorbed into the Bank of Scotland in 1955, at which point its independent note-issuing history ended. Surviving pre-merger high-denomination issues from this series are infrequent; tens were not everyday pocket currency, and many were redeemed rather than retained.