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. The Sun website is regulated by the Independent Press Standards Organisation (IPSO), Our journalists strive for accuracy but on occasion we make mistakes. The Bank of England have to give at least six months notice of . When you're out and about in town and need to change a note for some change for the car park you might want to think twice before heading to your local Post Office to do so. Scots have long had trouble getting their banknotes recognised south of the Border, with the response Its legal tender having become something of a trope. building societies and The Post Office may continue to accept and exchange Scottish paper notes after the 30th September 2022. What Scottish notes are in circulation? It is estimated that 90% of 20 and 50 notes currently circulating in Scotland are made of Polymer whichis designed to last longer, remain in better condition and deliver more environmental benefits than its paper counterpart. Where can I pay money into my Bank of Scotland account? On the paper banknote a caption reads 'Bank of Scotland'. They said: "Sorry, you feel that way, but the branch is correct. 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. Most shops will accept them. Scottish paper banknotes are actively being removed from circulation across the country, as Polymer notes become more widely used. At present, while Scottish banknotes may be accepted in England, they do not have the status of 'legal tender . Its something which Ive not seen for a very long time - back in the 80s it was rife all over the place - so I was surprised to see it. A few years ago I worked for national express as a coach driver and a couple of times did the cheltenham to glasgow run, we were only allowed to except notes from 3 scottish banks , they were r.b.s. I know this topic has been discussed before, but can anyone tell me if there is a Bank of Scotland or Clydesdale Bank in (ta && ta.queueForLoad ? Clydesdale has a branch in the West End. 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. The paper notes have not been valid since after September 30, 2022. 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. 22 February 2020 at 12:00PM Oldbiggles Forumite 499 Posts The withdrawal of Scottish paper notes coincides with the withdrawal of Bank of . The only exception is our Change-Giving service which is set up through a Business Bank Account - Stephen.". 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. Funnily enough, I just "bought" a load of Scottish notes today to bring back to the UK. Scottish notes are Pound Sterling, and if youre a customer of ours, youll be able to deposit these in branch. If you want to swap notes at the Post Office, you need to check that your bank is signed up to receive cash deposits. Sorry the postcode you entered does not seem to be valid. The Post Office will also continue to accept paper notes following the deadline, as will some building societies. Destination Expert for Cardiff Level Contributor 10,156 posts 74 reviews Banknotes issued by the authorised banks in Scotland and Northern Ireland are legal currency and. Why are the participating branches located where they are? 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 . "Issuing banks will continue to accept all Scottish notes from their own customers. The Scottish note issuing banks will continue to accept old paper based notes and . Ryan Wheeler, 21, lost his life after a collision occurred on Auchienhowie Road in Milngavie last Sunday involving a Skoda Superb, an Audi A4 and a Ford Tourneo. Police searches launched for missing teenage girl and man from Lanarkshire. The Fora platform includes forum software by XenForo. The latest notes to be withdrawn from use are paper 20 and. can be accepted throughout the United Kingdom. Clydesdale Bank will swap all Scottish banknotes for its own customers with a 250 allowance for non-customers. Can I exchange banknotes on behalf of someone else? Which Scottish 20 notes are out of circulation? While both can be generally used throughout UK, you will have problems using them outside UK - not everywhere but a lot of the times. You get: 46.00 000. Glasgow police release CCTV of man wanted after incident during Rangers and Celtic clash. READ MORE:'It will bring so many benefits': Free breakfast for students amid rising costs. 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. The most recent plastic one to enter circulation was Alan Turing's 50 note, which began circulating on June 23, 2021. Postmasters and their staff are on hand to provide that human reassurance that your oldnoteshave been deposited into your bank account and will provide a receipt too. That's silly. Can I exchange banknotes on behalf of a business? We never saw him again! If you go to your bank they should have a stockpile of English notes behind the counter and will exchange them free of charge. It has said it will give people six months' notice to use the notes once it makes the announcement. What do I do with withdrawn banknotes that are older than the ones stated above? 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. It goes on: A shop owner can choose what payment they accept. 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. 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. Answer (1 of 15): "legal tender" is a very misunderstood term and nowt to do with this. On the back of the green-colored banknote is Falkirk Wheel, a rotating boat lift in Scotland. After the launch of polymer 5 and 10 notes by the Scottish . High street banks are no more obliged to take in expired bank notes than shops; however as mentioned above most will accept recently withdrawn notes if being paid directly into an account. Expat Forum For People Moving Overseas And Living Abroad. The Headcorn Post Office said that their postmaster would be in touch to explain the policy. Of course you can,i change them all the time in Eurochange,also Sheila's in indoor market ,only time I've had a problem was the barrel shop a few years ago when Eurochange was closed for a fiesta,they would change it but offered me a lower rate,needless to say . contact the editor here. This expiry date also applies to old 20 notes which were replaced with the new polymer note in 2020. Can I pay Scottish money into the post office. 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. However, you can still exchange your old notes at the Bank of England or a Post Office branch. We use your sign-up to provide content in the ways you've consented to and improve our understanding of you. Benjamin Bunny 'rare' 50p coin selling on eBay for 200 as Glaswegians urged to check change. And you'll certainly be able to get them exchanged at . Paper 5 notes stopped being legal tender in May 2017, while old 10 notes were phased out by March 2018. I was not happy. These adverts enable local businesses to get in front of their target audience the local community. There is no guarantee of this and when told this they claim that it is Westminster bullying. 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. In England, no business is legally forced to accept banknotes printed by the Scottish and Northern Irish banks. Any notes still in circulation continue to be honoured by banks, but retailers may refuse to accept older notes. Old paper 20 and 50 notes are no longer legal tender but you can exchange them at the Bank of England, some Post Offices and many high street banks will accept them too. Especially since it is not illegal to accept them and they can be exchanged for Bank of England notes of the same value. So I guess Spanish banks are able to refuse them. James Sands breaks Rangers exit silence as New York City deal signed despite European 'opportunities'. Come join the discussion about residency, taxes, documents, visas, travel, health care, finances, banking, classifieds, and more! British Linen Bank!- what on earth is that!? 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 paper notes will continue to be . 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. 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. Cumbernauld crash leaves five injured as police close road for six hours. Is there a limit to how much I can exchange in branch? Editors' Code of Practice. But a tenner?! They are owned by RBS, who are owned by the taxpayer. 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. RBS have branches throughout (ta && ta.queueForLoad ? For other inquiries, Contact Us. He is one of Britain's most famous Romantic painters. 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. I pay money into the Post Office may continue to accept them they. Notes once it makes the announcement of a business June 23, 2021 not been valid after. 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