According to a research, the Surname Wallace is of Scottish origins. The Wallace family is considered to be one of the old families belonging to the Strathclyde-Briton tribes. The name basically originated in the Border region between Scotland and England. Initially the name Wallace was given to a person who was thought to be a foreigner and as time passed, it became a Surname. The first Wallace family was found to be living in Ayrshire. The motto of the Wallace family was “For Liberty”.