Scottish notes arent legal tender in England or Scotland. "Issuing banks will continue to accept all Scottish notes from their own customers. Missing 12-year-old schoolboy sparks police hunt to bring him home. They state: "As a Royal Bank of Scotland Bank customer you can swap, or deposit into your account, out of circulation coins/notes and replace them with new ones. 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. You can exchange up to 300 of paper banknotes in any 5, 10, 20 and 50 denominations of the last series at participating branches within any two-year period. 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Or by navigating to the user icon in the top right. 1 English GBP = 70PHP. Scottish paper banknotes are actively being removed from circulation across the country, as Polymer notes become more widely used. inaccuracy or intrusion, then please 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. They are owned by RBS, who are owned by the taxpayer. Thousands raised for Glasgow family heartbroken at death of 21-year-old in three-car crash horror. Scottish polymer notes now account for about 90% of 20 and 50% of 50 bank notes circulating in Scotland. 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. The Royal Bank was the last bank in Scotland to issue 1 notes, and stopped production in 2001. JavaScript is disabled. Are you sure that it isnt from another part of the UK? 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. A Gannett Company. We have set a deadline for using paper 20 and 50 notes as September 30. If you have a complaint about the editorial content which relates to 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. Thanks. Re: Scottish money. Why do you capture my details when I exchange banknotes in branch? 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 . 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. Once a Scottish guy came in and bought a round of drinks for everyone, then tried to pay with a Scottish 100 note. This means you will always be able to exchange your banknotes with them for their equivalent value in pounds. Our system will let you know if you've reached the 300 limit. Please report any comments that break our rules. The Bank of England have to give at least six months notice of . 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. 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 . Debit cards, cheques and contactless arent legal tender anywhere. Current issue notes The Royal Bank of Scotland currently issues banknotes in 1, 5, 10, 20, 50 and 100 denominations. Scottish paper 20 and 50 notes will be removed from circulation, Paper 50 notes could be refused by retailers, At the crash site of 'no hope' - BBC reporter in Greece. 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. Is there a limit to how much I can exchange in branch? 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. Yes. Most of the shops wouldnt accpt them in England, and we had to go to our Bank to have them changed to UK money! 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. 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. If they do accept them, it will be at the discretion of the business. contact IPSO here, 2001-2023. Royal Bank of Scotland will exchange and accept paper note deposits from customers and exchange notes for non-customers too. I got one in change over the weekend and used it to pay in a different shop - no worries. A forum community dedicated to expatriates and enthusiasts. When you purchase through links on our site, we may earn an affiliate commission, which supports our community. To exchange your banknotes in person you can take them to the following address: Bank of England Threadneedle Street London EC2R 8AH The counter is open from Monday to Friday, 9am - 4pm,. No. Likewise for all other banknotes, its a matter of discretion.. The Scottish note issuing banks will continue to accept old paper based notes and . 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. Legal tender varies widely throughout the UK and some of its countries technically have nolegal tender notes at all (looking at you, Scotland and Northern Ireland). Answer (1 of 4): Yes and No. The latest notes to be withdrawn from use are paper 20 and 50 notes, meaning people could be refused from using them from 1 October. The deadline coincides with the Banks of England's deadline for withdrawing 20 and 50 paper notes from circulation, which is also on 30 September. 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. In 2015, a new series of polymer banknote was introduced by the Royal Bank, replacing its Ilay series 5 and 10 notes. These can be either deposited into their bank account or exchanged for polymer notes. The Post Office will deposit old Scottish paper notes into your bank account, which you can then withdraw. building societies and The Post Office may continue to accept and exchange Scottish paper notes after the 30th September 2022. 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. On the paper banknote a caption reads 'Bank of Scotland'. Paper bank notes will no longer be considered legal tender as public urged to swap them over. As always you can unsubscribe at any time. I suppose anywhere that has a large portion of visiting Scots are used to them. Go to the post office, buy one first class stamp, pay with your Scottish note, receive change in English notes. They will no longer be accepted in shops and businesses. contact the editor here. 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.. Just like on the English notes, they "promise t. Customers can deposit their paper notes free of charge at their bank. Assuming you have a bank account, pay in the old 20 notes and withdraw the same amount of new ones. We visited Glasgows Hidden Lane home to a treasure trove of independent cafes and shops. M&S East Kilbride shoppers raging as town turns into 'laughing stock'. Those ads you do see are predominantly from local businesses promoting local services. Can I pay Scottish money into the post office. Forest Road in Cumbernauld was closed for six hours following a crash that left five people injured. Read about our approach to external linking. We offer a range of other useful products and services. Trying to spend Scottish money anywhere outside of Scotland is a nightmare sometimes. But the Post Office HQ responded saying that the branch were correct. In England, no business is legally forced to accept banknotes printed by the Scottish and Northern Irish banks. Data returned from the Piano 'meterActive/meterExpired' callback event. A FUMING Scotsman has complained to police that he was the victim of a "hate crime" after a village post office rejected his Scottish bank note. Funnily enough, I just "bought" a load of Scottish notes today to bring back to the UK. 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. 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. Any notes still in circulation continue to be honoured by banks, but retailers may refuse to accept older notes. 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(although some "English"-branded banks will dispense English notes, as Rabbit points out), but both Scottish and English notes are accepted pretty much everywhere, and (correction) sometimes retailers may give you English notes in change if they've picked some up . The old 5 featured Elizabeth Fry and the old tenner had the face of Charles Darwin on it. But a tenner?! So thats why weve decided to make the ability to comment only available to our paying subscribers. Coins and notes that can be exchanged in payment of a debt. The only exception is our Change-Giving service which is set up through a Business Bank Account - Stephen.". Yes, you can. A Bank of England statement said: The Bank of England Counter is currently open from 9.30am to 3pm Monday to Friday and is experiencing very high demand. What Scottish notes are in circulation? Police have appealed for the public's help in finding Ruan Lungley, who hasn't been seen since leaving his home in the town after 11pm last night, if you can help call 101 immediately. The Scottish note issuing banks will continue to accept old paper based notes and there are currently no plans to change this." . If you have a complaint about the editorial content which relates to ThePost Office will continue to accept paper notes as deposits following the deadline along with some banks and building societies. inaccuracy or intrusion, then please You'll need to spend them by then, or deposit them in a . Old paper 20 notes expired on 30 September 2022. can be accepted throughout the United Kingdom. "We apologise for any inconvenience caused by our branch in Kent not accepting Scottish notes and are in contact with the postmaster about this.". WARNING: Graphic images within this article. Confused? 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. ", DWP Winter Fuel Payment worth up to 600 explained including eligibility criteria, Martin Compston slams 'disgraceful' mini-budget amid cost of living crisis, Paper 20 and 50 banknotes will expire within days as urgent deadline warning issued, Dad demands end to 'no rules care system' after baby son left for days with dead mum, B&M shoppers praise 12 'energy saving' hoodie ahead of the price cap increase, Businesses and shops may no longer be obliged to accept the paper notes. If you attempt to settle a debt wit. 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. 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. 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. We know there are thousands of National readers who want to debate, argue and go back and forth in the comments section of our stories. You . Western Union international money transfer, how to exchange your remaining paper banknotes, Bank of England site for exchanging banknotes. The Bank of England have confirmed that old 50 notes expired on Wednesday 30 September 2022. Weve made it easy for you to swap your withdrawn banknotes. 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. 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). Instead the Scottish banks withdraw old notes from circulation as they are banked. And keep up to date with the latest rare coin news including a rare Blue Peter 50p coin that sold for 253 on eBay. 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. They said: "Sorry, you feel that way, but the branch is correct. Officers are appealing for information on the man pictured. Yes. Anything more than this and they will deposit the money into a chosen bank account. You seem to be creating a problem where there really is none, unless the source of the current notes is dubious. This topic has been closed to new posts due to inactivity. Police searches launched for missing teenage girl and man from Lanarkshire. The Scottish note issuing banks will continue to accept old paper based notes and there are currently no plans to change this." . These adverts enable local businesses to get in front of their target audience the local community. The Post Office will accept withdrawn notes as a deposit into any bank account. 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. We never saw him again! The Post Office will also continue to accept paper notes following the deadline, as will some building societies. ta.queueForLoad : function(f, g){document.addEventListener('DOMContentLoaded', f);})(function(){ta.trackEventOnPage('postLinkInline', 'impression', 'postLinks-59191423', '');}, 'log_autolink_impression');London, including the City. 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. After the launch of polymer 5 and 10 notes by the Scottish . Newsquest Media Group Ltd, Loudwater Mill, Station Road, High Wycombe, Buckinghamshire. Scottish paper banknotes are actively being removed from circulation across the country, as Polymer notes become more widely used. 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. VerticalScope Inc., 111 Peter Street, Suite 600, Toronto, Ontario, M5V 2H1, Canada. Can I exchange banknotes on behalf of a business? In England, businesses are not forced to accept bank notes printed by . 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 ? There is no guarantee of this and when told this they claim that it is Westminster bullying. Full guidance is available on the Bank of England's website. HP10 9TY. After the deadline date, you will still be able to get your old 20 and 50 notes exchanged at your bank or Post Office. If you are a resident of another country or region, please select the appropriate version of Tripadvisor for your country or region in the drop-down menu. 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. For a better experience, please enable JavaScript in your browser before proceeding. Royal Bank of Scotland will exchange and accept paper note deposits from customers and exchange notes for non-customers too. After this date you will no longer be able to use the notes in shops, but you will be able to. Threadneedle St, (ta && ta.queueForLoad ? Before the September 30 deadline, the paper notes can also still be spent in shops. 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. The iconic Shawarma King has won the 'best in Scotland' title at the British Kebab Awards for the second time in a row, with the viral eatery on King Street describing their second win as "astounding". 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. Where can I pay money into my Bank of Scotland account? Technically neither Scottish nor NI notes are legal tender in England, but they are good tender. 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. Read about our approach to external linking. Something went wrong, please try again later. 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? The Bank of England has issued a warning for people in possession of the notes to have them replaced. The mysterious street has been described as Glasgows hidden gem. This website and associated newspapers adhere to the Independent Press Standards Organisation's Editors' Code of Practice. 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. 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. But the Bank of England claims there is still 6bn worth of paper 20 banknotes and 8bn worth of paper 50 banknotes in circulation. Barclays, NatWest, Royal Bank of Scotland, Ulster Bank and the Post Office have agreed to exchange . The Post Office will then deposit the money into your account which you can then withdraw. Technically neither Scottish nor NI notes are legal tender in England, but they are good tender. Please bring one of these acceptable forms of photo ID into branch to use this service: Use our branch finder tool to locate a Post Office that offers this service nearest to you. READ MORE:'They are human beings': Holly and Phil online abuse 'really damaging' warns MP. "A branch may be reluctant to provide change as they want to ensure they have enough for their own tills. .. although it chocks me to say it you are better with bank of England notes. Thewithdrawal of Scottish paper notes coincides with the date of The Bank of England'swithdrawal of Bank of England 20 and 50 paper notes. 1 Old paper 20 notes are going out of circulation However, you can still exchange your old notes at the Bank of England. 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. Issued in February 2020, the new 20 note features British Romantic painter, JMW Turner. READ MORE:'It will bring so many benefits': Free breakfast for students amid rising costs. Don't miss any of Glasgow Live's biggest stories - sign up to our daily email newsletter. Mark King. Why Scottish banknotes can be rejected. The. The latest notes to be withdrawn from use are paper 20 and 50 notes issued by Bank of Scotland, Clydesdale Bank, and Royal Bank of Scotland, with the cut-off point being October 1. Joseph Mallord William Turner was born in April 1775. They are pretty rare over here so you might get the occasional odd look but I've never had anyone turn one away. This expiry date also applies to old 20 notes which were replaced with the new polymer note in 2020. 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 . All deposits made at the counter will be processed immediately. 1 Scottish GBP = 55PHP. After the launch of polymer 5 and 10 notes by the Scottish . Large exchange offices at Schiphol or near Centraal station . Get all the latest Glasgow news and headlines sent straight to your inbox twice a day by signing up to our free newsletter. Around 1.2bn worth of paper 20 and 50 banknotes have been deposited at the Post Office so far. Being pedantic its worth noting that Bank of Scotland and Royal Bank of Scotland are two completely separate entities. 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. The SNP are still under the belief that the Scottish pound will have the same value as the English one. Legal tenders is solely to do with settling debts. You can also exchange the paper notes directly with the Bank of England. 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. The Bank of England website says that this claim actually has no basis, and that legal tender has a narrow technical meaning which has no use in everyday life. A Post Office spokesperson, said: "Post Officesare not required to change notes for coins to customers, however, branches can do so at their own discretion. Clydesdale Bank will swap all Scottish banknotes for its own customers with a 250 allowance for non-customers. Cheltenham Festival 2023: Can this year's Ladies' Day crowds top these fashionistas? After that date, retailers may use their discretion to refuse paper notes. Some banks may allow you to deposit old notes directly into your account. Comments have been closed on this article. 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". These adverts enable local businesses to get in front of their target audience the local community. Scottish polymer notes now account for about 90% of 20 notes and 50% of 50 bank notes circulating in Scotland. Interesting - I just checked this and they aren't actually legal tender! Lines are open from: 08:15 -18:00 Mon to Fri and 08:30 - 14:00 on Saturday. 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 You can pay in cash and cheques at the counter of any Bank of Scotland branch or by using one of our Immediate Deposit Machines (if available). Anybody have any problems? There is less than one week to go until paper versions of 20 and 50 notes will be removed from circulation in Scotland. Pioneering female doctor features on new bank note, Human error to blame for train crash - Greek PM, At the crash site of 'no hope' - BBC reporter in Greece. Text Phone: 0345 722 335. On the front of the 50 BOS note is Sir Walter Scott. The withdrawal of Scottish paper notes coincides with the withdrawal of Bank of . 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. 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. In pounds Road, High Wycombe, Buckinghamshire if you & # x27 ; ll need spend. The deadline, the paper notes more can i change scottish notes at the post office used crash that left five people injured Change-Giving. Much support as possible during these challenging times note is Sir Walter Scott cheltenham Festival 2023: can this 's. As our local businesses to get in front of their target audience the local community accept notes. Please enable JavaScript in your browser before proceeding affiliate commission, which supports community... 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