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Scotland Guide

Money

    The basic unit of currency in the UK is the pound sterling (£), divided into 100 pence (p). Coins come in denominations of 1p, 2p, 5p, 10p, 20p, 50p, £1 and £2. Bank of England £5, £10, £20 and Royal Bank of Scotland and the Clydesdale Bank issue their own banknotes in all the same denominations, plus a £50 banknotes are legal tender in Scotland; in addition the Bank of Scotland (also known as HBOS), the p;#x00A3;100 note. All Scottish notes are legal tender throughout the UK, no matter what shopkeepers south of the border might say. In general, few people use £50 or £100 notes, and shopkeepers are likely to treat them with suspicion, since forgeries are widespread.

    In every sizeable town in Scotland, and in some surprisingly small places too, you'll find a branch of at least one of the big Scottish high-street banks. However, on some islands, and in remoter parts, you may find there is only a mobile bank that runs to a timetable (usually available from the local post office). General banking hours are Monday to Friday from 9 or 9.30am to 4 or 5pm, though some branches are open until slightly later on Thursdays.