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100 Pounds Sterling
| Issuer | National Commercial Bank of Scotland Ltd. |
|---|---|
| Year | 1967 |
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| Currency | Pound sterling (1694-date) |
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|---|---|
| Obverse lettering | NATIONAL COMMERCIAL BANK OF SCOTLAND LIMITED PROMISE TO PAY THE BEARER ON DEMAND ONE HUNDRED POUNDS AT OUR HEAD OFFICE HERE Edinburgh, 1st June, 1967 BY ORDER OF THE BOARD OF DIRECTORS GENERAL MANAGER One Hundred Pounds A000000 SPECIMEN £100 |
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| Protection type | Watermark |
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| Comments |
The National Commercial Bank of Scotland was formed in 1959 through the merger of the National Bank of Scotland and the Commercial Bank of Scotland — two institutions that had operated independently since 1825 and 1810 respectively. By 1967 the bank was already in merger talks with the Royal Bank of Scotland, a union that was completed in 1969, making late-date issues like this one short-lived survivors of a rapidly consolidating Scottish banking sector.
The £100 denomination saw almost no retail circulation by the 1960s; notes at this value moved primarily between businesses and banks. De La Rue had printed for the National Commercial series throughout the bank's brief existence.