Scotland business

Clydesdale Bank chief signs new £10 polymer note featuring Burns

Clydesdale Bank chief executive officer David Duffy signs first £10 polymer note

A new Clydesdale Bank £10 polymer note will go into production later this year and should be ready for circulation in 2017.

The bank's chief executive officer David Duffy marked this year's Burns Night celebrations by officially signing the first note.

It features the Bard on the front and views of Edinburgh and its castle on the reverse.

The plastic notes are said to last 2.5 times longer than paper banknotes.

They have also been found to be cleaner and more secure.

They will survive a spin in a washing machine but will still melt under extreme heat such as an iron.

Last year the Clydesdale Bank brought a fully plastic note into circulation in the UK for the first time with limited edition £5 notes.

The Royal Bank of Scotland and the Bank of Scotland are also making the transition from paper to plastic notes.

Mr Duffy said: "It's a very exciting time for Clydesdale Bank and signing the new £10 note featuring Robert Burns underpins our commitment to building a strong stand-alone bank based here in Scotland that can provide a real challenge to the big UK banks.

"It's a privilege to see my signature alongside his portrait."

Clydesdale Bank is the largest issuer by volume of notes in Scotland. It introduces around £400 million worth of new notes every year.

More on this story

Related Internet links

The BBC is not responsible for the content of external Internet sites