Legal tenders is solely to do with settling debts. Take them to the Post Office. Have you ever heard such nonsense?". You'll need to spend them by then, or deposit them in a . The Royal Bank was the last bank in Scotland to issue 1 notes, and stopped production in 2001. Any notes still in circulation continue to be honoured by banks, but retailers may refuse to accept older notes. The mysterious street has been described as Glasgows hidden gem. On the paper banknote a caption reads 'Bank of Scotland'. Their intrinsic value is the same as English pounds sterling and it is still legal to use them as a method of payment in the UK so there should not be a problem. Paper 5 notes stopped being legal tender in May 2017, while old 10 notes were phased out by March 2018. As always you can unsubscribe at any time. If you have any old legal tender, such as a paper 5 or 10 notes, then you can exchange them or deposit them via this method. 22 February 2020 at 12:00PM Oldbiggles Forumite 499 Posts Look inside three-bedroom house up for sale in Glasgow south side, Angry scenes in Dumbarton as riot police pelted with bricks and fireworks as house attacked. Customers of these banks can exchange their paper notes free of charge, while non-customers can exchange notes from the issuing bank up to the amount of 250, provided they present valid photographic ID. As an ex-retailer of many years, the problem for most English retailers is that the Scottish notes are unusual and quite rare, even if, as I did, you work in . Those ads you do see are predominantly from local businesses promoting local services. The paper notes have been replaced with Polymer versions which are already in circulation. Royal Bank of Scotland will exchange and accept paper note deposits from customers and exchange notes for non-customers too. The time I was on national express was in the late 70`s early 80`s and we were given this info when we were driving the route up to scotland so I just presumed it balonged to a scottish bank or sub. After the launch of polymer 5 and 10 notes by the Scottish . Scottish paper banknotes are actively being removed from circulation across the country, as Polymer notes become more widely used. The Scottish note issuing banks will continue to accept old paper based notes and there are currently no plans to change this. Advice to customers and non-customers for exchanging notes. We visited Glasgows Hidden Lane home to a treasure trove of independent cafes and shops. Mark King. The High Court in Edinburgh also sentenced Janette Henry to carry out community service after she was convicted of causing he death of Eleanor Ballantyne by careless driving at an earlier trial. After this date you will no longer be able to use the notes in shops, but you will be able to. A Scottish MP has launched a private members bill in the UK Parliament to force English retailers to take Scottish bank notes. A simple google search will enable you to find the various branches but in all honesty I really wouldn't worry about it unless you're planning a serious money laundering operation. ATTENTION TO RIGHT HOLDERS! Our neighbour built eyesore extension that we hatenow they could keep it, I worked in Wetherspoons for 5 years - here's the dishes you should avoid, Iconic dessert making a comeback in cost of living crisis - it only costs 2, Aldi shoppers rush to buy heating gadget that warms up your room 'in minutes', News Group Newspapers Limited in England No. Martin Kearsley, Post Office banking director, said: Were fully aware that people lead busy lives and some may put off depositing their paper 20and 50 banknotes until the last moment. ta.queueForLoad : function(f, g){document.addEventListener('DOMContentLoaded', f);})(function(){ta.trackEventOnPage('postLinkInline', 'impression', 'postLinks-59177645', '');}, 'log_autolink_impression');London EC2R 8AH, http://www.bankofengland.co.uk/Pages/home.aspx. This man may hold information that could help police in their investigation into 'reckless conduct' that took place when rivals Rangers and Celtic played at Ibrox. 1 notes are now rarely used. They are also harder to counterfeit than paper notes. 11,771 posts. Mingay - who is originally from Barrhead - sent in a photo of the sign, which reads: We do not accept Scottish money., READ MORE:This is the remarkable history of every currency Scotland has ever had. READ MORE:'They are human beings': Holly and Phil online abuse 'really damaging' warns MP. After that date, retailers may use their discretion to refuse paper notes. They said: "Sorry, you feel that way, but the branch is correct. Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Newsquest Media Group Ltd, Loudwater Mill, Station Road, High Wycombe, Buckinghamshire. Can I pay Scottish money into the post office. Which Scottish 20 notes are out of circulation? A spokesperson from Bank of Scotland told Glasgow Live: "On September 30 2022 Bank of Scotland will withdraw paper 20 and 50 bank notes. Glaswegians are being urged to check their change as 'rare' coins continue to be sold on marketplaces such as eBay for hundreds of pounds - and in some cases, five figures. Threadneedle St, (ta && ta.queueForLoad ? The Post Office will deposit old Scottish paper notes into your bank account, which you can then withdraw. RBS have branches throughout (ta && ta.queueForLoad ? If you have a complaint about the editorial content which relates to From Saturday, October 1, Bank of Scotland paper 20 and 50 notes will no longer be considered as legal tender, while paper notes from the Bank of England for the same denominations will expire on Friday (September 30). The city's leading bus service is working with Glasgow Warriors to bring 'free and sustainable' travel options for supporters on matchday during the 2022/23 period. Theres a 300 limit to how much each person can exchange in branches. For other inquiries, Contact Us. Bank of Scotland have also agreed that they will exchange their own paper 5 and 10 notes from non-customers up to the value of 250. Something went wrong, please try again later. Trying to spend Scottish money anywhere outside of Scotland is a nightmare sometimes. inaccuracy or intrusion, then please Save. Santander cuts benefits on 123 account Some banks including Bank of Scotland, Barclays, Halifax, HSBC, Lloyds, NatWest, Royal Bank of Scotland and Ulster Bank will allow customers to deposit old paper notes. As a subscriber, you are shown 80% less display advertising when reading our articles. Can You Bank Scottish notes? There is less than one week to go until paper versions of 20 and 50 notes will be removed from circulation in Scotland. "People who are not customers of Bank of Scotland can visit a Bank of Scotland branch and exchange Bank of Scotland paper 20 and 50 notes to Polymer versions, up to a value of 250. Exchanging old banknotes You may be able to deposit withdrawn notes at your own bank or with the Post Office. We do not pre-moderate or monitor readers comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention. Scottish polymer notes now account for about 90% of 20 notes and 50% of 50 bank notes circulating in Scotland. Northern Ireland have their own bank notes and the Isle of Man. Spenders have one day left to change their old notes Credit: . Can I change Scottish notes at the post office? The Bank of England has issued a warning for people in possession of the notes to have them replaced. It does seem however that there is always an exception to the rule, as another person from Gloucestershire said: "If you were trying to get change for 50 notes then the Post Office could reasonably argue that you could be trying to process hot money. Or by navigating to the user icon in the top right. "We apologise for any inconvenience caused by our branch in Kent not accepting Scottish notes and are in contact with the postmaster about this.". English retailers legally are obliged to take Scottish notes as they are sterling, however in some cases you might have to put up a bit of a fuss. Get all the latest Glasgow news and headlines sent straight to your inbox twice a day by signing up to our free newsletter. The Committee of Scottish Bankers (CSCB) announced the deadline on behalf of the Scottish note issuing banks - Royal Bank of Scotland, Clydesdale Bank, and Bank of Scotland. RBS explains that customers can swap old coins and notes for newer ones. Before the September 30 deadline, the paper notes can also still be spent in shops. The latest notes to be withdrawn from use are paper 20 and. Instead the Scottish banks withdraw old notes from circulation as they are banked. The withdrawal of Scottish paper notes coincides with the withdrawal of Bank of . The old 5 featured Elizabeth Fry and the old tenner had the face of Charles Darwin on it. If you are dissatisfied with the response provided you can The National was made aware of the policy by local teacher David Mingay, who spotted a sign while visiting the village where he used to live. Why are the participating branches located where they are? Barclays, NatWest, Royal Bank of Scotland, Ulster Bank and the Post Office have agreed to exchange . For further details, please see the Bank of England website. Those ads you do see are predominantly from local businesses promoting local services. Scottish paper notes will continue to be . It is important that we continue to promote these adverts as our local businesses need as much support as possible during these challenging times. contact the editor here. Need to change a 20 note into pound coins? There are only 3 banks in Scotland that can print bank notes - Royal Bank of Scotland, Clydesdale and Bank of Scotland. Confused? Can I exchange banknotes on behalf of a business? These can be either deposited into their bank account or exchanged for polymer notes. So I guess Spanish banks are able to refuse them. He wrote: "I called into Post Office today and asked if they could change a 10 note for coins. Scottish Government halts controversial Glasgow flats plan for Merchant City car park. BoS are part of Lloyds Banking Group so in theory any branch of Lloyds or Halifax would be happy to change BoS notes. "If you try to settle a debt over 20p you can't use coppers." While. Something went wrong, please try again later. 2023 BBC. Spain Expat Forum for Expats Living in Spain. Castle restaurant near Gloucestershire wins three AA Rosettes, Thornbury Castle has had guests including Henry VIII and Sophia Loren, Cirencester's posh chippy Malt and Anchor comes second in national awards ceremony, They were the best fish and chips restaurant in England. He added: "English notes and Royal Mint coins are, 1p and 2 p coins are only legal in settlement of a debt up to 20p. Are Scottish and Northern Irish bank notes "legal tender" and do shops in England have to accept them? In England, no business is legally forced to accept banknotes printed by the Scottish and Northern Irish banks. The shortest of answers is yes, but no business is legally obliged to accept your money. Or by navigating to the user icon in the top right. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused. It is important that we continue to promote these adverts as our local businesses need as much support as possible during these challenging times. This means that we may include adverts from us and third parties based on our knowledge of you. These adverts enable local businesses to get in front of their target audience the local community. 679215 Registered office: 1 London . Bring your banknotes and photo ID to a participating branch. "My bank in Glos changed a 20 into pound coins recently without batting an eyelid. Scottish notes arent legal tender in England or Scotland. Scottish paper banknotes are actively being removed from circulation across the country, as Polymer notes become more widely used. Chain stores should accept them unless the cashier is badly trained; small/independent shops most likely won't. Sorry the postcode you entered does not seem to be valid. Video, At the crash site of 'no hope' - BBC reporter in Greece, Harry and Meghan told to 'vacate' Frogmore Cottage, Explosive found in check-in luggage at US airport, Fungus case forces Jack Daniels to halt construction, Rare Jurassic-era bug found at Arkansas Walmart, Dozens of girls treated after new Iran poisonings, How fake copyright complaints are muzzling journalists. I suppose anywhere that has a large portion of visiting Scots are used to them. Call charges 0345: Calls to 03 numbers will cost no more than calling a standard geographic number starting with 01 or 02 from your fixed line or mobile and may be included in your call package dependent on your service provider. Read about our approach to external linking. That's silly. We have set a deadline for using paper 20 and 50 notes as September 30. The Post Office is preparing for a "last-moment" rush of customers depositing paper 20 and 50 banknotes this week, before they can no longer be used in shops or to pay businesses. Scottish notes aren't legal tender in England or Scotland. HP10 9TY. .. although it chocks me to say it you are better with bank of England notes. To use our mobile site, please enable JavaScript. I know that for some reason English (and it is only English - never had a problem in Scotland or Wales) seem to not accept them. READ MORE:'It will bring so many benefits': Free breakfast for students amid rising costs. Unfortunately, though, these important debates are being spoiled by a vocal minority of trolls who arent really interested in the issues, try to derail the conversations, register under fake names, and post vile abuse. All materials are posted on the site strictly for informational and educational purposes! Similarly, the old pound coin has not been able to be used since 2017 when it was replaced by its newer 12-sided alternative. Scottish paper banknotes from Bank of Scotland, Clydesdale Bank, and Royal Bank of Scotland are being taken out of circulation and the deadline is just in a matter of days. The Scottish note issuing banks will continue to accept old paper based notes and there are currently no plans to change this ." Advice to customers and non-customers for exchanging notes. To inquire about a licence to reproduce material, visit our Syndication site. Debit cards, cheques and contactless aren't legal tender anywhere. Paper 20 and 50 notes are due to expire this week. Please report any comments that break our rules. Apply for passports, licences and permits, get documents certified, your identity verified. Are you sure that it isnt from another part of the UK? It is a long-running complaint from many who travel south of the Border from Scotland when an attempt to use a Scottish banknote is met by the refusal to . Here's how to check if your new 50 note is a "rare" one worth hundreds of pounds. But a tenner?! You get: 46.00 000. Are you sure you want to delete this comment? Try spending one of them in certain shops in England though and youre buggered. The Post Office in southern England will not accept 'Scottish money', This is the remarkable history of every currency Scotland has ever had. He penned an 18-month loan but that has been cut short. You seem to be creating a problem where there really is none, unless the source of the current notes is dubious. Para sanarse slo necesitan reconocerse. Royal Bank of Scotland, Clydesdale and Bank of Scotland have also agreed that they will exchange their own paper 5 and 10 notes from non-customers up to the value of 250". The local Post Office in the village of Headcorn, in Kent, has confirmed that it will not accept Scottish banknotes - although a reason why has not yet been forthcoming. 1 Scottish GBP = 55PHP. If you want to pay for a pack of gum with a 50 note, its perfectly legal to turn you down. Police have released CCTV images of a man they want to speak to in connection with a serious assault in Glasgow city centre. Readers comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. I am staying in the financial district during my stay, so I'm sure there must be a bank who will do this? 679215 Registered office: 1 London Bridge Street, London, SE1 9GF. The paper notes have not been valid since after September 30, 2022. Around 1.2bn worth of paper 20 and 50 banknotes have been deposited at the Post Office so far. Parents can claim school uniform grants worth up to 300 to help with winter clothing, Glasgow fixer-upper property up for sale in south side for 210,000. Asked if they could change a 10 note for coins on weekdays, stopped. Moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith hours... 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