Banks of Issue in Scotland

Bank Notes (Scotland) Act 18451998-08-121988-07-251998-08-20Coinage Act 1971TSO (The Stationery Office), St Crispins, Duke Street, Norwich, NR3 1PD, 01603 622211, customer.services@tso.co.uk552312 SI

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, 25th July 1988.

Average Circulation during 4 weeks ended as above Average amount of Bank of England Notes and Coin held during 4 weeks ended 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) 1,289,222 503,386,011 5,000,419 508,386,430 469,323,006 48,810,934 518,133,940
The Royal Bank of Scotland Ltd.
The Royal Bank of Scotland Ltd.
(Edinburgh) (Glasgow) 888,355 873,561,521 26,736,289 900,297,810 889,698,475 23,009,541 912,708,016
Clydesdale Bank Ltd.
Clydesdale Bank Ltd.
(Edinburgh) (Glasgow) 498,773 396,089,556 0 396,089,556 390,824,067 9,306,512 400,130,579
  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.
Mrs L. Marting, 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.
12th August 1998.