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Quick Answer. Like the rest of the United Kingdom, the currency used in Scotland is the British pound. Scottish banks do print their own version of the pound, which are called Scottish notes. These notes are widely accepted across the United Kingdom but may be denied in rare cases. One pound is made up of 100 pence.
Edinburgh-Currency. The UK currency is the pound sterling (Â£), with 100 pence (p) to a pound. 'Quid' is a slang term for pound. Several Scottish banks issue their own bank notes which can be used in the north of England and in Northern Ireland, but may be refused elsewhere. UK banks will accept them but foreign banks generally do not.