Banks will accept Scottish notes - as will all major supermarkets (including their self service tills). Scottish notes are legal tender in England and so all shops and banks, etc should accept them. Natwest, HSBC. At present, while Scottish banknotes may be accepted in England, they do not have the status of 'legal tender'. This Site Might Help You. Coins are manufactured and issued by the Royal Mint. 5 years ago. 0. Carmichael wants to encourage businesses across the UK to recognise and accept Scottish banknotes with his legal tender bill. They should be accepted by the larger shops, and I have just used two £20 Scots notes in London, but if not any bank will likely change them. Of the 1,710 people asked, a fifth said they were fake. So while you might not be allowed to pay a parking fine in pennies, you could buy a house with a bathtub of pound coins if you liked – although it would weigh almost two tonnes. Yes. You may disable these by changing your browser settings, but this may affect how the website functions. Also businesses pay high bank charges and would have to pay the bank to change it into something customers would accept in change. I regularly travel between England and Scotland. Non-customers can exchange their banknotes at the respective issuing bank up to a limit of £250. This ensures that people with genuine banknotes issued by the seven banks receive a level of protection similar to people who have genuine Bank of England banknotes. In 2017, just weeks after the launch of the Bank of England's new £10 note, three Scottish banks released their own plastic tenners. In Scotland and Northern Ireland it’s only Royal Mint coins and not banknotes. Whistleblowing is when an employee reports suspected wrongdoing at work. Even after the old £20 notes have been withdrawn from circulation, many banks will still accept them as deposits from customers. RE: Why do Shops in England not accept Bank Notes from Bank of Ireland, Ulster Bank, Northern Bank and First Trust. OP - you shouldn't have too much trouble spending Scottish notes in London, but do have some English notes for when the argument is not worth it. image caption Three Scottish banks have reserved the right to print their own notes London Mayor Boris Johnson has instructed the city's buses to accept Scottish bank notes. A kindly bank will probably swap them if you ask nicely - even if you're not a customer - but be prepared for them not to. Thanks! In England, businesses are not forced to accept bank notes printed by the seven Scottish and Northern Irish banks. "Every Scot who travels south has a story about their money being turned down or looked at sceptically," said Scottish Liberal Democrat deputy leader, Alistair Carmichael. Alternatively, you can email us at whistleblowing@bankofengland.co.uk or write to: IAWB Team, Legal Directorate, Bank of England, Threadneedle Street, London EC2R 8AH. In England, businesses do not legally have to accept Scottish bank notes - however the majority will, providing they recognise them. 2020 report 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. The best thing to do is to pay them into a bank and then draw out english notes (or pay by credit card) 1 0. For example, 1p and 2p coins only count as legal tender for any amount up to 20p. Three banks in Scotland are authorised to issue notes: Bank of Scotland, Clydesdale Bank and Royal Bank of Scotland. Branches of the Scottish note-issuing banks situated in England dispense Bank of England notes and are not permitted to dispense their own notes … Issuing banks will continue to accept all Scottish notes from their own customers, which can either be either deposited into their account or exchanged for polymer versions. But the truth is that English banknotes aren't legal tender in Scotland either - so next time you reject a Scottish note, think about how you'd feel if they turned down yours, too. The good news is that coins from the Royal Mint do have legal tender status north of the border - to a certain extent. There are a number of reasons that people in GB are reluctant to take NI banknotes: 1. Hi, Going to Turkey soon & need to get english banknotes to take with us as they don't accept Scottish notes there at exchange bureaux. Scottish and Northern Ireland banknotes Only the Bank of England issues banknotes in England and Wales, but seven banks in Scotland and Northern Ireland can also issue banknotes. and Bank of England notes. Someone has said that I can withdraw english notes at the ATM at edinburgh airport when we fly out. … Dewain. Association of Commercial Banknote Issuers, The Scottish and Northern Ireland Banknote Rules, The Scottish and Northern Ireland Banknote Statement of Penalty Policy, Statement of note Issuance considerations, Scottish and Northern Ireland Banknote Issuance Annual Report 2019, Scottish and Northern Ireland Banknote Issuance Annual Report 2018, Scottish and Northern Ireland Banknote Issuance Annual Report 2017, AIB Group (UK) plc (trades as First Trust Bank in Northern Ireland), Northern Bank Limited (trades as Danske Bank). Bank of England banknotes held as backing assets may be kept either at an authorised location or at the Bank of England. The Royal Mint explains the 'legal tender' phrase is a narrow technical term referring to the settlement of debts, and in ordinary transactions both parties can agree to accept "any form of payment". Royal Bank of Scotland, Clydesdale and Bank of Scotland have also agreed to exchange their own paper £5 and £10 notes from non-customers up to the value of £250. The only problem you may encounter is if you try to spend a Scottish banknote in some parts of England although most of the larger places will be fine.. All our notes are the same colour for the different denominations - you will see lots of different types as we do a lot of special ones to commemorate things and people. Y es, you can – but it doesn't legally have to be accepted. Nearly a quarter of respondents (23%) said they would reject the note if handed one. In England, businesses do not legally have to accept Scottish bank notes - however the majority will, providing they recognise them. We have a published approach to regulating Scottish and Northern Ireland banknotes. Press Spacebar or Enter to select. In view of events relating to Brexit, and also Scotland’s intention to pull away from the UK, or a least want their own Government, then it could well be that the Scottish denominations could become a separate currency in their own right. The Cash Queens have put Valentine's Day meals for two from local supermarkets to the test - but who will win their heart (and stomach) over? In fact, no banknotes are classed as legal tender in Scotland, where only coins are counted as such. Only the Bank of England issues banknotes in England and Wales, but seven banks in Scotland and Northern Ireland can also issue banknotes. Finish with a quick word to English shopkeepers - please accept Scottish banknotes may be accepted – but it n't. Whose money they accept!!!!!!!!!!!!!. Fussy about whose money they accept!!!!!!!!!... 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