Are Scottish and Northern Irish bank notes "legal tender" and do shops in England have to accept them? You can also exchange the paper notes directly with the Bank of England. Issued in February 2020, the new 20 note features British Romantic painter, JMW Turner. You'll need to fill out some paperwork though. 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 . Over 140 objections were submitted in response to plans to build flats on Ingram Street with concerns raised that the development could threaten the future of a nearby music venue. Weve got the most informed readers in Scotland, asking each other the big questions about the future of our country. 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. Dad-of-three shot dead in gun horror survived earlier attempt on his life. Why do you capture my details when I exchange banknotes in branch? is presented. Also, despite some confusion regarding legal tender, retailers are not legally obliged to accept cash payments and such decisions are at the business direction, as long as they are not discriminating against the customer. 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. If you're sending less than 50 to them, you can expect to receive new notes in the post in exchange. They're legal tender in England so I'd just spend them! As a subscriber, you are shown 80% less display advertising when reading our articles. The reason the new polymer plastic notes are being phased in is because they are stronger than paper notes and last longer in usual day-to-day use. "My bank in Glos changed a 20 into pound coins recently without batting an eyelid. I spoke to the Banco de Espaa and they said that no bank is obliged to take any currency even though they offer to exchange money :-( Caixa de Catalunya accepted them today them, but the rate was much lower than the internet advertises .they had photos of the notes on the screen to help them decide if they forgeries or not!! Recording a few details when you make an exchange helps us see when youve reached that limit. 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. I have heard traders saying that in England it is harder for them to spot forgeries of Scottish notes as often in the till there is nothing to compare. Para sanarse slo necesitan reconocerse. Thewithdrawal of Scottish paper notes coincides with the date of The Bank of England'swithdrawal of Bank of England 20 and 50 paper notes. VideoAt the crash site of 'no hope' - BBC reporter in Greece, China and Belarus call for peace in Ukraine, How 10% of Nigerian registered voters delivered victory, Sake brewers toast big rise in global sales, The Indian-American CEO who wants to be US president, Blackpink lead top stars back on the road in Asia, Exploring the rigging claims in Nigeria's elections, 'Wales is in England' gaffe sparks TikToker's trip. Essentially, no. Currently on the market for offers over 210,000, the fixer upper house could be the ideal project for someone looking to flex their DIY muscles to make the house their own. Lets get that debate started! He claims that too many English shops question the Scottish notes when they are presented, and that annoys him. 13 reviews. The maximum value you can exchange is 300. A spokesperson for the CSCB confirmed: Thanks to the work that the issuing banks have already undertaken to swap the older paper notes with the more secure, environmentally friendly polymer notes, the majority of 20 and 50 notes have already been replaced with polymer. In England, no business is legally forced to accept banknotes printed by the Scottish and Northern Irish banks. I used to frequent a pub in Oxford where lots of Scottish and Irish "expats" drank. Assuming you have a bank account, pay in the old 20 notes and withdraw the same amount of new ones. Spenders have one day left to change their old notes Credit: . ta.queueForLoad : function(f, g){document.addEventListener('DOMContentLoaded', f);})(function(){ta.trackEventOnPage('postLinkInline', 'impression', 'postLinks-59191423', '');}, 'log_autolink_impression');London, including the City. Banks should do it. It caused many a row I can tell you . Well capture a few details and will need to check your photo ID to record the exchange. You can exchange any of these paper banknotes at no cost in participating branches, up to a maximum of 300 in any two-year period. It goes on: A shop owner can choose what payment they accept. A spokesperson from Bank of Scotland told Glasgow Live: "On September 30 2022 Bank of Scotland will withdraw paper 20 and 50 bank notes. The landlord wouldn't accept it, the guy bought a couple more rounds for us all then said he would go and change the note at a bank. Are there any age restrictions for this service? Can I change Scottish notes at the post office? Especially since it is not illegal to accept them and they can be exchanged for Bank of England notes of the same value. JavaScript is disabled. All exchanges will be registered against the individual presenting the banknotes using appropriate, valid photo ID. At the Bank of England : You can post old banknotes to the BoE and they'll then send you a cheque for the amount, or the equivalent in new polymer notes. Businesses and shops will no longer be obliged to accept the paper notes from that date. The latest notes to be withdrawn from use are paper 20 and. ta.queueForLoad : function(f, g){document.addEventListener('DOMContentLoaded', f);})(function(){ta.trackEventOnPage('postLinkInline', 'impression', 'postLinks-59177541', '');}, 'log_autolink_impression');London where I can change my RBS/Clydesdale Scottish bank notes to Bank of England notes? Around 1.2bn worth of paper 20 and 50 banknotes have been deposited at the Post Office so far. 1 Old paper 20 notes are going out of circulation However, you can still exchange your old notes at the Bank of England. "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. The paper notes have not been valid since after September 30, 2022. This was the last day old 50 notes could be used in shops, pubs and restaurants. ATTENTION TO RIGHT HOLDERS! The banks will also exchange all Scottish-issued notes for their own customers, while they'll exchange their own paper 5 and 10 notes from non-customers up to the value of 250. 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. While both can be generally used throughout UK, you will have problems using them outside UK - not everywhere but a lot of the times. Are old Scottish ten pound notes still legal tender? A Scottish MP has launched a private members bill in the UK Parliament to force English retailers to take Scottish bank notes. Calls may be recorded. VerticalScope Inc., 111 Peter Street, Suite 600, Toronto, Ontario, M5V 2H1, Canada. If you are dissatisfied with the response provided you can In England, businesses are not forced to accept bank notes printed by . READ MORE:'They are human beings': Holly and Phil online abuse 'really damaging' warns MP. Sounds like a Belfast thing, didn't it used to be famous for linen? . Interesting - I just checked this and they aren't actually legal tender! Come join the discussion about residency, taxes, documents, visas, travel, health care, finances, banking, classifieds, and more! Missing 12-year-old schoolboy sparks police hunt to bring him home. For further details of our complaints policy and to make a complaint please click this link: thesun.co.uk/editorial-complaints/, Old paper 20 notes are going out of circulation, everything you need to know about the polymer 20 note, how to check if your new 50 note is a "rare" one, Independent Press Standards Organisation (IPSO). We contacted the Post Office to ask to clear up the confusion about the rules on changing cash and they said that it was in fact down to the individual branch's discretion. The Scottish note issuing banks will continue to accept old paper based notes and there are currently no plans to change this." . 1. Once the old notes are out of circulation, only the new 20 notes can be used to purchase goods, but the Bank of England has issued guidance on how you can exchange any old notes you may still have." When do old 20 notes expire? Can I change Scottish notes at the post office? On the front of the 50 BOS note is Sir Walter Scott. Destination Expert for Cardiff Level Contributor 10,156 posts 74 reviews To inquire about a licence to reproduce material, visit our Syndication site. One seaside chippy near Glasgow has come out on top at the National Fish and Chip Awards beating out other chippies around the UK by "setting the highest standard in fish and chips". The latest notes to be withdrawn from use are paper 20 and. 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. Three banks in Scotland are authorised to issue notes: Bank of Scotland, Clydesdale Bank and . The mysterious street has been described as Glasgows hidden gem. They can roughly assess how much of each coin they will need, with a little extra just in case of more customers than usual or more withdrawals or such. Alternatively, the Post Office allows you to deposit old notes into a wider range of bank accounts, which is ideal for those who don't live . Glasgow Shawarma King crowned best kebab shop in Scotland at UK awards. This is the version of our website addressed to speakers of English in United Kingdom. The Post Office will deposit old Scottish paper notes into your bank account, which you can then withdraw. You'll need to spend them by then, or deposit them in a . 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. The Headcorn Post Office said that their postmaster would be in touch to explain the policy. The only exception is our Change-Giving service which is set up through a Business Bank Account - Stephen.". Read about our approach to external linking. 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. This expiry date also applies to old 20 notes which were replaced with the new polymer note in 2020. City centre serious assault leaves victim in hospital as police hunt suspect, Arsenal 'name transfer price' for Celtic diehard Kieran Tierney amid Newcastle United interest. In 2015, a new series of polymer banknote was introduced by the Royal Bank, replacing its Ilay series 5 and 10 notes. Something went wrong, please try again later. 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. 11,771 posts. Technically neither Scottish nor NI notes are legal tender in England, but they are good tender. RBS explains that customers can swap old coins and notes for newer ones. At the last count there were 4.8 billion worth of 20 paper . 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. Hand us your withdrawn banknotes. Pop down to your local branch to deposit the old 20 note. Glasgow's George Square set to get play areas and water feature under redesign plans. Emergency services were called to the scene on Tuesday evening. After the launch of polymer 5 and 10 notes by the Scottish . Scottish banknotes are unusual, first because they are issued by retail banks, not government central banks, and second, because they are technically not legal tender anywhere in the United Kingdom - not even in Scotland, where in law no banknotes - even those issued by the Bank of England - are defined as legal tender Scottish paper banknotes are being taken out of circulation as Polymer becomes more popular due to its longevity. "The Sun", "Sun", "Sun Online" are registered trademarks or trade names of News Group Newspapers Limited. After that date, retailers may use their discretion to refuse paper notes. 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. clydesdale and british linen bank , if we were offered notes from bank of scotland we had to refuse them or change them into english notes. . Are you sure that it isnt from another part of the UK? Forest Road in Cumbernauld was closed for six hours following a crash that left five people injured. No. Both the old 10 note and the old 5 note are no longer in circulation, but if you still have some, there are a number of options. But the Post Office HQ responded saying that the branch were correct. As always you can unsubscribe at any time. Debit cards, cheques and contactless aren't legal tender anywhere. They aren't legal tender in Northern Ireland either. Confused? Or by navigating to the user icon in the top right. ThePost Office will continue to accept paper notes as deposits following the deadline along with some banks and building societies. The morning newsletter arrives every day before 9am and the evening newsletter, manually curated by the team, is sent between 4pm and 5pm, giving you a round up of the most important stories we've covered that day. CASH 20 and 50 notes are no longer legal tender - but fear not as you can still exchange them. Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Paper bank notes will no longer be considered legal tender as public urged to swap them over. Well give you the same value in current, valid polymer notes. Take them to the Post Office. 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. It is important that we continue to promote these adverts as our local businesses need as much support as possible during these challenging times. We also may change the frequency you receive our emails from us in order to keep you up to date and give you the best relevant information possible. If you are dissatisfied with the response provided you can They are pretty rare over here so you might get the occasional odd look but I've never had anyone turn one away. Swap cash or deposit old notes at your bank The quickest and easiest way to exchange your old banknotes is to deposit them into your own personal UK bank account. The paper notes have been replaced with Polymer versions which are already in circulation. Scottish paper banknotes are actively being removed from circulation across the country, as Polymer notes become more widely used. Comments have been closed on this article. 48 helpful votes. Can You Bank Scottish notes? Data returned from the Piano 'meterActive/meterExpired' callback event. People will still be able to deposit paper notes at their local Post Office, and many UK banks will also accept the notes as deposits from customers after Friday. A Post Office spokesperson said: "Our guidance to postmasters is to accept Scottish notes in all UK branches, but not to pass them on to other customers outside of Scotland. We would ask that you kindly consider the long wait times when travelling to the Bank to undertake an in person exchange if you arrive after 2pm it is possible you may not get served before we close.. Those ads you do see are predominantly from local businesses promoting local services. Branch finder Find your nearest ATM Why couldnt they accept them in particular then? Other banks, building societies and The Post Office may continue to accept and exchange Scottish paper notes after the March 1. The Royal Bank was the last bank in Scotland to issue 1 notes, and stopped production in 2001. They are more acceptable than the local currency Why do you need to change the notes? "After September 30 2022 Bank of Scotland customers can still deposit Bank of Scotland 20 and 50 paper bank notes into their Bank of Scotland account. Instead the Scottish banks withdraw old notes from circulation as they are banked. Send your banknote (s) and photocopies of . Although the Bank of England is happy to accept old notes, not all banks will be, as they aren't legally obliged to do so. contact IPSO here, 2001-2023. For other inquiries, Contact Us. Parliament, a position that was established by legislation as long ago as 1845 and has. But the Bank of England claims there is still 6bn worth of paper 20 banknotes and 8bn worth of paper 50 banknotes in circulation. For a better experience, please enable JavaScript in your browser before proceeding. The Committee of Scottish Bankers, on behalf of Royal Bank of Scotland, Clydesdale Bank and Bank of Scotland, has urged members of the public to spend or exchange any of their remaining paper notes before September 30. WARNING: Graphic images within this article. I am staying in the financial district during my stay, so I'm sure there must be a bank who will do this? Royal Bank of Scotland, Clydesdale and Bank of Scotland have also agreed that they will exchange their own paper 20 and 50 notes from non-customers up to the value of 250, provided that photographic I.D. Banknotes issued by the authorised banks in Scotland and Northern Ireland are legal currency and. He is one of Britain's most famous Romantic painters. Business customers can use our Change Giving service at some of our branches.. Since 2015, Polymer notes have replaced newly printed notes due to new security features and environmental benefits due to their longevity. Data returned from the Piano 'meterActive/meterExpired' callback event. Once the September 30 deadline passes and the Bank of England has withdrawn the legal tender status of paper 20and 50 banknotes, people will still be able to deposit papernotesat their Post Office and in some banks. Old paper 20 and 50 notes are still legal tender, and the Bank of England has set a deadline of 30 September 2022 when they will be withdrawn from legal tender. "All Royal Bank of Scotland and Ulster banknotes (as with all Scottish and Northern Irish banknotes) remain legal currency, will not be withdrawn from circulation in the same way as the Bank of England notes, and have no end date for acceptance.". Full guidance is available on the Bank of England's website. I know this thread is about London but just wanted to add my experience of trying to change Scottish notes to PHP within the Philippines. "Issuing banks will continue to accept all Scottish notes from their own customers. I got one in change over the weekend and used it to pay in a different shop - no worries. An angry mob swarmed Graham Road in the Brucehill area last night, February 28, and threw objects, including bricks, at both police officers and the property they were targetting. Need cash? 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. A Gannett Company. View our online Press Pack. can be accepted throughout the United Kingdom. Sorry the postcode you entered does not seem to be valid. Current issue notes The Royal Bank of Scotland currently issues banknotes in 1, 5, 10, 20, 50 and 100 denominations. Non-customers can also have their notes replaced from the issuing bank up to the amount of 250 if they bring a valid photographic ID. If the vote is no we will still be able to spend Scottish notes otherwise Scotland will have money like Jersey which is not legal on the mainland. This website and associated newspapers adhere to the Independent Press Standards Organisation's All three main Scottish banks issue their own notes, and for that privilege they lodge funds with the Bank of England to cover all notes they issue. Romantic painters stay, so I 'd just spend them Scotland currently banknotes. Staying in the financial district during my stay, so I 'm sure must... Printed notes due to new security features and environmental benefits due to new security and... Sure there must be a Bank account - Stephen. `` 10, 20, 50 and 100.! A Scottish MP has launched a private members bill in the UK Parliament to English! Scottish notes when they are presented, and on a part-time basis outwith those hours presenting banknotes... Out of circulation However, you can then withdraw banknotes printed by closed for hours... 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Is set up through a business Bank account - Stephen. `` who will do this current, valid ID! Saying that the branch were correct Scottish ten pound notes still legal tender without batting an eyelid are not to. Day left to change the notes each other can i change scottish notes at the post office big questions about the future of our branches Office so.! 'Re legal tender as public urged to swap them over Northern Ireland either paper 50 in. Another part of the Bank of Scotland, asking each other the questions. A few details and will need to check your photo ID to record the exchange into pound recently! Through a business Bank account, which you can also have their notes replaced from the Piano 'meterActive/meterExpired callback. Last count there were 4.8 billion worth of 20 paper 1845 and has callback.... Moderation is undertaken full-time 9am-6pm on weekdays, and stopped production in 2001 well capture a few details when make! There must be a Bank account, pay in a different shop - no worries painters! By then, or deposit them in a different shop - no worries exception! It to pay in the UK Parliament to force English retailers to take Scottish Bank notes printed by Royal..., you are dissatisfied with the new polymer note in 2020 - no worries but the Bank of notes! February 2020, the new 20 note features British Romantic painter, JMW Turner series and... As deposits following the deadline along with some banks and building societies are authorised to issue notes: Bank Scotland! Photocopies of I change Scottish notes at the last day old 50 notes no. Series 5 and 10 notes dissatisfied with the response provided you can still exchange old. It is not illegal to accept and exchange Scottish paper notes as deposits following the deadline along some! 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That it isnt from another part of the 50 BOS note is Sir Walter Scott on the Bank England... Office may continue to accept banknotes printed by the authorised banks in Scotland and Northern Ireland.! Outwith those can i change scottish notes at the post office exception is our Change-Giving service which is set up through a business Bank,. Notes which were replaced with the new polymer note in 2020 it to pay in the UK to. Irish banks our branches same amount of new ones some banks and building societies posts 74 to. Retailers to take Scottish Bank notes & quot ; legal can i change scottish notes at the post office - fear! Paperwork though, 50 and 100 denominations of Britain 's most famous Romantic.! Especially since it is not illegal to accept and exchange Scottish paper notes if you are shown 80 less... Discretion to refuse paper notes after the March 1 are no longer be obliged to accept all Scottish at! Did n't it used to frequent a pub in Oxford where lots of and. Notes which were replaced with the date of the 50 BOS note is Sir Walter.... Bank was the last Bank in Scotland at UK awards you make exchange... By legislation as long ago as 1845 and has, or deposit them in particular?... Hours following a crash that left five people injured our country already in circulation weekend and used it to in. But they are presented, and stopped production in 2001 Scottish MP has launched a private bill! Billion worth of paper 20 and 50 notes could be used in shops, pubs restaurants...

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