They will no longer be accepted in shops and businesses. Sorry the postcode you entered does not seem to be valid. The most recent plastic one to enter circulation was Alan Turing's 50 note, which began circulating on June 23, 2021. 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. Are you sure you want to delete this comment? This means that we may include adverts from us and third parties based on our knowledge of you. 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 . Scottish notes aren't legal tender in England or Scotland. "Issuing banks will continue to accept all Scottish notes from their own customers. You'll need to spend them by then, or deposit them in a . 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. The Marks and Spencers store in the East Kilbride shopping centre shut its doors for the final time on Saturday after a heated legal battle with landlords over the lease. Read about our approach to external linking. contact IPSO here, 2001-2023. The former Celtic hero has been restricted to mostly appearances from the bench in the English Premier League this season with most of his minutes coming in the Europa League and cups. Yes, my apologies for the mistake in my first . Likewise for all other banknotes, its a matter of discretion.. Public urged to use or exchange 20 and 50 banknotes before deadline. Weve made it easy for you to swap your withdrawn banknotes. 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. We may then apply our discretion under the user terms to amend or delete comments. "If you try to settle a debt over 20p you can't use coppers." While. Police have released CCTV images of a man they want to speak to in connection with a serious assault in Glasgow city centre. The 20 and 50 notes are the latest to be axed from circulation, as 5 and 10 paper notes were removed from use on 2 March 2018. If you're sending less than 50 to them, you can expect to receive new notes in the post in exchange. Re: Scottish money. The Scottish note issuing banks will continue to accept old paper based notes and there are currently no plans to change this." Polymer notes now account for 80 per cent of 10 and 90 per cent . If you want to pay for a pack of gum with a 50 note, its perfectly legal to turn you down. Recording a few details when you make an exchange helps us see when youve reached that limit. They are authorised and approved by the UK. 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. No. 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. Police officers are searching for 15-year-old Jamie Lea McCall who has gone missing from Airdrie and Kal Clarke who has been reported missing from East Kilbride. The withdrawal of Scottish paper notes coincides with the withdrawal of Bank of . 13 reviews. They said: "Sorry, you feel that way, but the branch is correct. Scottish notes seem to work all right in the self-checkouts at my local Sainsburys, which is in Scotland. Exchanging old banknotes You may be able to deposit withdrawn notes at your own bank or with the Post Office. WARNING: Graphic images within this article. However because they are "retail banks" the notes are promissory notes. The Bank of England have to give at least six months notice of . 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 Theres a 300 limit to how much each person can exchange in branches. 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. You seem to be creating a problem where there really is none, unless the source of the current notes is dubious. If you are dissatisfied with the response provided you can A Gannett Company. A shopper from Stroud tweeted his disbelief when a post office in Worcestershire refused to change a 10 note for coins, saying that their reasoning was 'nonsense'. As always you can unsubscribe at any time. 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. 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Done. Chain stores should accept them unless the cashier is badly trained; small/independent shops most likely won't. 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 . Weve got the most informed readers in Scotland, asking each other the big questions about the future of our country. Most of the shops wouldnt accpt them in England, and we had to go to our Bank to have them changed to UK money! Don't miss any of Glasgow Live's biggest stories - sign up to our daily email newsletter. Readers comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. These adverts enable local businesses to get in front of their target audience the local community. Why do you capture my details when I exchange banknotes in branch? Convert this page to PDF News // Market notice A spokesperson from Bank of Scotland told Glasgow Live: "On September 30 2022 Bank of Scotland will withdraw paper 20 and 50 bank notes. While both can be generally used throughout UK, you will have problems using them outside UK - not everywhere but a lot of the times. Youll need to produce valid photo ID of yourself to exchange banknotes so cant do it for someone else. This site is part of Newsquest's audited local newspaper network. Trying to spend Scottish money anywhere outside of Scotland is a nightmare sometimes. Apply for passports, licences and permits, get documents certified, your identity verified. Try spending one of them in certain shops in England though and youre buggered. If youre unable to reach any of the participating branches for any reason, please check the Bank of England website to find out how to exchange your expired banknotes. Instead the Scottish banks withdraw old notes from circulation as they are banked. People can take or post any old notes to the bank in . All rights reserved. Benjamin Bunny 'rare' 50p coin selling on eBay for 200 as Glaswegians urged to check change. Editors' Code of Practice. 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. 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). Scottish notes arent legal tender in England or Scotland. Can you still use 1 pound notes in Scotland? Newsquest Media Group Ltd, Loudwater Mill, Station Road, High Wycombe, Buckinghamshire. 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 . Y es, you can - but it doesn't legally have to be accepted. There are three places where you can exchange old 10 notes: 1. Its unlikely that Scotland will go its own way after September but even if they do it will take a few months for the economies to go separate ways. However, people will still be able to exchange them at their bank branch. I am staying in the financial district during my stay, so I'm sure there must be a bank who will do this? Answer (1 of 4): Yes and No. 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. Then you might not be able to get it done at the Post Office due to a new rule, Never miss the latest local news again by signing up to our Daily Newsletter. James Sands breaks Rangers exit silence as New York City deal signed despite European 'opportunities'. This coincides with Bank of England's paper notes which can no longer be used as legal tender from September 30. This is the version of our website addressed to speakers of English in United Kingdom. Its not something that Michael Gove would be happy to see if hes trying to strengthen the Union., He added: It doesnt appear to be common, but I wonder if it will become more common.. Can I change Scottish notes at the post office? These adverts enable local businesses to get in front of their target audience the local community. 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. 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