Those ads you do see are predominantly from local businesses promoting local services. 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,. The final date you can use paper 50 notes is September 30 next year - the same goes for paper 20 notes. 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. Where can I pay money into my Bank of Scotland account? Can I exchange banknotes on behalf of a business? 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 . 9 years ago. Expat Forum For People Moving Overseas And Living Abroad. 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. Data returned from the Piano 'meterActive/meterExpired' callback event. Bearsden Range Rover driver who mounted pavement and caused death crash gets 12 month ban. 22 February 2020 at 12:00PM Oldbiggles Forumite 499 Posts 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. The Headcorn Post Office said that their postmaster would be in touch to explain the policy. There will be long queues and you may encounter waiting times in excess of an hour. 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. They refused saying they couldn't change money because it might be money laundering. It has said it will give people six months' notice to use the notes once it makes the announcement. They are also harder to counterfeit than paper notes. JavaScript is disabled. Why do you capture my details when I exchange banknotes in branch? Lets get that debate started! If you have missed the date for spending or depositing a paper 20 don't worry, you won't lose out. 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). That's silly. Our system will let you know if you've reached the 300 limit. The old 5 featured Elizabeth Fry and the old tenner had the face of Charles Darwin on it. Castle restaurant near Gloucestershire wins three AA Rosettes, Thornbury Castle has had guests including Henry VIII and Sophia Loren, Cirencester's posh chippy Malt and Anchor comes second in national awards ceremony, They were the best fish and chips restaurant in England. 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"We apologise for any inconvenience caused by our branch in Kent not accepting Scottish notes and are in contact with the postmaster about this.". It caused many a row I can tell you . 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. 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. Nearly a quarter of respondents (23%) said they would reject the note if handed one. Su enfermedad es gravsima, y su cura limitada y perentoria. They said: "Sorry, you feel that way, but the branch is correct. But a tenner?! Yes. They are more acceptable than the local currency Why do you need to change the notes? To use our mobile site, please enable JavaScript. He penned an 18-month loan but that has been cut short. Are you sure you want to delete this comment? On the back of the green-colored banknote is Falkirk Wheel, a rotating boat lift in Scotland. Clydesdale has a branch in the West End. Emergency services were called to the scene on Tuesday evening. They are authorised and approved by the UK. Before the September 30 deadline, the paper notes can also still be spent in shops. .. although it chocks me to say it you are better with bank of England notes. Scottish paper banknotes are actively being removed from circulation across the country, as Polymer notes become more widely used. In 2015, a new series of polymer banknote was introduced by the Royal Bank, replacing its Ilay series 5 and 10 notes. can be accepted throughout the United Kingdom. Go to the post office, buy one first class stamp, pay with your Scottish note, receive change in English notes. Something went wrong, please try again later. There are only 3 banks in Scotland that can print bank notes - Royal Bank of Scotland, Clydesdale and Bank of Scotland. But the Post Office HQ responded saying that the branch were correct. 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. Glasgow's George Square set to get play areas and water feature under redesign plans. And keep up to date with the latest rare coin news including a rare Blue Peter 50p coin that sold for 253 on eBay. Scottish paper banknotes are being taken out of circulation as Polymer becomes more popular due to its longevity. Old notes can also be exchanged by posting them to the Bank of England, although this raises the risk of loss or theft. Registered in England & Wales | 01676637 |. Lloyds will contact you to explain how you can do this. The Royal Bank of Scotland (RBS) state on their website that unlike Bank of England, paper notes are still considered legal but businesses and shops may no longer be obliged to accept the paper notes from that date. However, you can still exchange your old notes at the Bank of England or a Post Office branch. Los espaoles estn enfermos porque pasan de todo. And you can swap up to 300 every two years. The paper notes have been replaced with Polymer versions which are already in circulation. You are correct that Northern Ireland banknotes are not legal tender. Y es, you can - but it doesn't legally have to be accepted. Alternatively, you can exchange withdrawn banknotes with selected Post Office branches or with the Bank of England. 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. As others have said you should not have any problems using currency and if you are coming from Scotland it might be easier to just ask for English notes at the end of your stay. "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.". contact the editor here. People across the country are picking out their must-see outfits, Beefy Boys celebrate 'phenomenal' opening night after winning big, The much-loved burger joint won two huge accolades at the National Burger Awards, Inside look at Timberland's new shop at Gloucester Quays, The signing of the American footwear and lifestyle retailer was in direct response to customer demand, Carl Woods has tattoo of Katie Price lookalike inked on his chest in Gloucester, The glamour model's on off boyfriend travelled to Gods of Ink in Gloucester, National Lottery results: Winning Lotto and Thunderball numbers for tonight, Wednesday, March 1, 2023, Have you suddenly become 2m richer in tonight's draw? We used to go to Scotland on breaks, so had Scottish money on return to England. 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). is presented. Spain Expat Forum for Expats Living in Spain. Bear in mind though that the risk you run posting them is that they could get lost on the way. 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. Try spending one of them in certain shops in England though and youre buggered. 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!! Technically neither Scottish nor NI notes are legal tender in England, but they are good tender. The Bank of England have to give at least six months notice of . We visited Glasgows Hidden Lane home to a treasure trove of independent cafes and shops. Scottish Government halts controversial Glasgow flats plan for Merchant City car park. Why couldnt they accept them in particular then? Copyright 2007-2023 STV. It is also a measure to help prevent money laundering. 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. First Bus offer free service to Scotstoun Stadium for Glasgow Warriors games. The. Around 1.2bn worth of paper 20 and 50 banknotes have been deposited at the Post Office so far. Paper 5 notes stopped being legal tender in May 2017, while old 10 notes were phased out by March 2018. 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. Can you use a Scottish 100 pound note in England? If they do accept them, it will be at the discretion of the business. 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. 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. After the deadline date, you will still be able to get your old 20 and 50 notes exchanged at your bank or Post Office. Wed 12 Sep 2012 07.43 EDT. After April 30, agreeing to exchange notes will be at the discretion of individual institutions. Royal Bank of Scotland will exchange and accept paper note deposits from customers and exchange notes for non-customers too. 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. You'll need to fill out some paperwork though. A Gannett Company. 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. 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). 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