Banks of Issue in Scotland

1998-02-231998-02-071998-03-04Bank Notes (Scotland) Act 1845Coinage Act 1971TSO (The Stationery Office), St Crispins, Duke Street, Norwich, NR3 1PD, 01603 622211, customer.services@tso.co.uk550599SI9SI

An Account pursuant to the Bank Notes (Scotland) Act 1845, the Currency and Bank Notes Act 1928, and the Coinage Act 1971, of the Amount of Notes authorised by Law to be issued by the several Banks of Issue in Scotland, and the Average Amount of Notes in Circulation, and of Bank of England Notes and Coin held during the 4 weeks ended Saturday, 7th February 1998.

Average Circulation during 4 weeks ended as above Average amount of Bank of England Notes and Coin held during 4 weeks as above
Name and Title as set forth on Licence Name of Firm Approved Offices Circulation authorised by Certificate £5 and upwards Under £5 Total *Gold and Bank of England Notes Coin other than Gold Coin Total
£
Bank of  Scotland The Governor  and Company  of the Bank of  Scotland (Edinburgh) (Glasgow) 1,289,222 464,156,861 4,924,800 469,081,661 460,621,566 19,548,290 480,169,855
The Royal  Bank of  Scotland Ltd. The Royal  Bank of  Scotland Ltd. (Edinburgh) (Glasgow) 888,355 840,845,471 27,753,273 868,598,744 852,113,066 29,558,349 881,671,415
Clydesdale  Bank Ltd. Clydesdale  Bank Ltd. (Edinburgh) (Glasgow) 498,773 365,455,920 0 365,455,920 363,203,987 4,761,417 367,965,403
  I hereby certify that each of the Bankers named in the above Return, who have in circulation an amount of Notes beyond that authorised in their certificates have held an amount of Bank of England Notes and Gold and Coin other than Gold Coin not less than that which they are required to hold during the period to which this Return relates. K. S. Hodgson, Registrar of Bank Returns   *This column includes Bank of England Notes deposited at the Bank of England which, by virtue of section 9(1) of the Currency and Bank Notes Act 1928, are to be treated as Gold Coin held by the Bank. 23rd February 1998.