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20 Pounds Bank of Scotland

Issuer Bank of Scotland
Year 1935-1953
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Value 20 Pounds
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Obverse lettering Bank of Scotland The Governor & Company of the Bank of Scotland Promise to pay here to the Bearer on Demand Twenty Pounds Sterling By order of the Court of Directors Constituted by Act of Parliament 1695
Reverse description The reverse is unprinted and displays the face design in faint letterpress show-through on plain white paper, with no additional design elements, text, or security features applied to this side.
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Comments

Bank of Scotland's mid-century £20 notes occupied an awkward commercial niche — large enough to be impractical for ordinary retail transactions, yet routinely used in Edinburgh's financial and legal exchanges where substantial sums moved between solicitors, agents, and merchant accounts. G. Waterston & Sons handled the printing throughout this series, a Edinburgh firm better known for stationery and bookbinding than for security printing, though their long relationship with the bank predates this issue considerably.

The eighteen-year span of this type reflects wartime disruption to printing schedules rather than any deliberate policy of longevity. Scottish banknotes of this period are notoriously difficult to date precisely from the note alone.

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