Dear Scheme supporter,The National Crime Agency (NCA) has asked us to alert Banknote Checking Scheme supporters to updated advice on how to check Scottish £20 and £50 notes, which they have produced in association with the Association of Commercial Banknote Issuers (ACBI). Counterfeits continue to be accepted by retailers, although the counterfeit £50 notes are principally being passed outside Scotland.The attached ‘Know your Scottish Polymer £20 notes’ and ‘Know your Scottish Polymer £50 notes’ contain key security features to support retailers in identifying genuine Scottish banknotes. We have also attached NCA letters which provide additional detail about these notes.As an example, they advise that current counterfeit RBS £50 notes can be identified by one key check – the upper half of the hologram/foil strip is gold, and the lower half is silver. The hologram/foil strip on genuine RBS £50 notes is silver for its whole length.Information on how to check other Scottish notes, as well as Northern Ireland notes, can be found on the ACBI website.
you can find more information on the Bank of England website by clicking the link https://www.bankofengland.co.uk/-/media/boe/files/banknotes/take-a-closer-look.pdf