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Banknotes in Scotland are still issued by retail banks. https://en.wikipedia.org/wiki/Banknotes_of_Scotland https://en.wikipedia.org/wiki/Banknotes_of_Scotland
by kybernetikos 4y ago
Banknotes in Scotland are still issued by retail banks. https://en.wikipedia.org/wiki/Banknotes_of_Scotland https://en.wikipedia.org/wiki/Banknotes_of_Scotland
- iudqnolq 4y agoBut > the law requires that the issuing banks hold a sum of Bank of England banknotes or gold equivalent to the total value of notes issued