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20 Pounds North of Scotland Bank

Issuer North of Scotland Bank Limited
Year 1938-1949
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Shape Rectangular
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Reverse lettering NORTH OF SCOTLAND BANK LIMITED TWENTY POUNDS PURSUANT TO ACTS OF PARLIAMENT 16 & 17 VIC. CAP. 63 & 42 & 43 VIC. CAP 76
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Protection type Watermark
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Comments

The North of Scotland Bank Limited was absorbed into the Clydesdale Bank in 1950, which makes the 1938–1949 window the final decade this institution issued notes in its own name. De La Rue's involvement is no surprise — they handled a substantial portion of Scottish provincial bank printing throughout the twentieth century — but the high denomination meant print runs were small and commercial circulation was limited. Twenty-pound notes in this period rarely left banking counters.

The watermark remains the primary security feature, consistent with De La Rue's approach for lower-volume prestige issues where intaglio alone was considered insufficient.

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