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100 Pounds Clydesdale Bank
| Issuer | Clydesdale Bank PLC |
|---|---|
| Year | 1985-1991 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | Clydesdale Bank PLC Promise to pay the bearer on demand at their office here One Hundred Pounds Sterling by order of the Board of Directors |
| Reverse description | The reverse carries a large intaglio vignette of the interior of a lecture theatre at Glasgow University, rendered in red tones, with tiered wooden seating rising toward arched windows and a demonstration bench in the foreground. A circular £100 value medallion appears at upper left. The overall design is printed against a light guilloche background. |
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| Comments |
Clydesdale Bank's right to issue its own sterling notes is one of the more curious survivals in British banking law — a privilege retained under the 1845 Banking Act (Scotland) and never revoked despite repeated rounds of UK banking consolidation. By 1985, the bank was a subsidiary of Midland Bank, which itself would pass to HSBC in 1992, yet the Scottish issuing right traveled intact through every ownership change.
The £100 denomination saw almost no retail circulation — high-value Scottish notes of this period functioned largely as interbank instruments and were frequently returned to the issuer uncirculated. Genuine used examples from this series are harder to find than their print runs would suggest.