You just need to show us a valid photo ID. Comments have been closed on this article. Scottish polymer notes now account for about 90% of 20 and 50% of 50 bank notes circulating in Scotland. All deposits made at the counter will be processed immediately. Other banks, building societies and The Post Office may continue to accept and exchange Scottish paper notes after September 30. I think Ive used Scottish notes in machines down south too. . The BBC is not responsible for the content of external sites. Being pedantic its worth noting that Bank of Scotland and Royal Bank of Scotland are two completely separate entities. He claims that too many English shops question the Scottish notes when they are presented, and that annoys him. Scottish polymer notes now account for about 90% of 20 notes and 50% of 50 bank notes circulating in Scotland. The reason the new polymer plastic notes are being phased in is because they are stronger than paper notes and last longer in usual day-to-day use. 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. 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). Can I pay Scottish money into the post office. He said: Its a village that I lived in for years and I went back there the other day and I saw the sign, but I didnt actually speak to anybody about it. To inquire about a licence to reproduce material, visit our Syndication site. 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. But the Bank of England claims there is still 6bn worth of paper 20 banknotes and 8bn worth of paper 50 banknotes in circulation. Calls may be monitored or recorded for training and compliance purposes. Any notes still in circulation continue to be honoured by banks, but retailers may refuse to accept older notes. As a subscriber, you are shown 80% less display advertising when reading our articles. Scottish paper banknotes are actively being removed from circulation across the country, as Polymer notes become more widely used. Don't miss any of Glasgow Live's biggest stories - sign up to our daily email newsletter. 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? He is one of Britain's most famous Romantic painters. contact IPSO here, 2001-2023. Legal tenders is solely to do with settling debts. Debit cards, cheques and contactless arent legal tender anywhere. 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. 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. Lloyds will contact you to explain how you can do this. Or by navigating to the user icon in the top right. 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. They can roughly assess how much of each coin they will need, with a little extra just in case of more customers than usual or more withdrawals or such. 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.. The Bank of England have to give at least six months notice of . Sounds like a Belfast thing, didn't it used to be famous for linen? 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. Full guidance is available on the Bank of England's website. The Scottish note issuing banks will continue to accept old paper based notes and there are currently no plans to change this." . Similarly, the old pound coin has not been able to be used since 2017 when it was replaced by its newer 12-sided alternative. Sorry the postcode you entered does not seem to be valid. Banknotes of the pound sterling - Wikipedia, the free encyclopedia, http://holidayvillacostablanca.weebly.com/, Australia Expat Forum for Expats Living in AU, Britain Expat Forum for Expats Living in the UK, Dubai Expat Forum for Expats Living in Dubai, France Expat Forum for Expats Living in France. On the back of the green-colored banknote is Falkirk Wheel, a rotating boat lift in Scotland. 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Forest Road in Cumbernauld was closed for six hours following a crash that left five people injured. Public urged to use or exchange 20 and 50 banknotes before deadline. We provide a range essential financial services, from savings, borrowing to money transfers. 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. Pop down to your local branch to deposit the old 20 note. 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 . If your bank won't take paper notes, or if you don't live near a branch, you can hand them in at the Post Office. Can I exchange banknotes on behalf of a business? For further details, please see the Bank of England website. Alternatively, you can exchange withdrawn banknotes with selected Post Office branches or with the Bank of England. 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". Wed 12 Sep 2012 07.43 EDT. Also, despite some confusion regarding legal tender, retailers are not legally obliged to accept cash payments and such decisions are at the business direction, as long as they are not discriminating against the customer. You get: 46.00 000. 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. Y es, you can - but it doesn't legally have to be accepted. British Linen Bank!- what on earth is that!? If you're sending less than 50 to them, you can expect to receive new notes in the post in exchange. can be accepted throughout the United Kingdom. Cheltenham Festival 2023: Can this year's Ladies' Day crowds top these fashionistas? I am staying in the financial district during my stay, so I'm sure there must be a bank who will do this? 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. You'll need to spend them by then, or deposit them in a . Nearly a quarter of respondents (23%) said they would reject the note if handed one. Clydesdale Bank will swap all Scottish banknotes for its own customers with a 250 allowance for non-customers. clydesdale and british linen bank , if we were offered notes from bank of scotland we had to refuse them or change them into english notes. Can I change Scottish notes at the post office? But a tenner?! 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