Re: Scottish money. 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. Destination Expert for Cardiff Level Contributor 10,156 posts 74 reviews 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. He is one of Britain's most famous Romantic painters. 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. ThePost Office will continue to accept paper notes as deposits following the deadline along with some banks and building societies. This means that we may include adverts from us and third parties based on our knowledge of you. 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. Dad-of-three shot dead in gun horror survived earlier attempt on his life. The former Celtic hero has been restricted to mostly appearances from the bench in the English Premier League this season with most of his minutes coming in the Europa League and cups. 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. 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. They said: "Sorry, you feel that way, but the branch is correct. M&S East Kilbride shoppers raging as town turns into 'laughing stock'. Instead the Scottish banks withdraw old notes from circulation as they are banked. If you want to pay for a pack of gum with a 50 note, its perfectly legal to turn you down. 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. 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. Paisley dad's leg 'explodes' when he is hit by stray firework at party. I got one in change over the weekend and used it to pay in a different shop - no worries. 1. If you have a complaint about the editorial content which relates to 22 February 2020 at 12:00PM Oldbiggles Forumite 499 Posts Here's how to check if your new 50 note is a "rare" one worth hundreds of pounds. All materials are posted on the site strictly for informational and educational purposes! READ MORE:'They are human beings': Holly and Phil online abuse 'really damaging' warns MP. Once a Scottish guy came in and bought a round of drinks for everyone, then tried to pay with a Scottish 100 note. Can I change Scottish notes at the post office? Old notes can also be exchanged by posting them to the Bank of England, although this raises the risk of loss or theft. We do not pre-moderate or monitor readers comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention. Comments have been closed on this article. Can I exchange banknotes on behalf of someone else? Paper bank notes will no longer be considered legal tender as public urged to swap them over. Well give you the same value in current polymer notes. Glasgow city centre serious assault leaves victim in hospital as police hunt suspect. There are no age restrictions for this service. Thanks. 13 reviews. Call charges 0345: Calls to 03 numbers will cost no more than calling a standard geographic number starting with 01 or 02 from your fixed line or mobile and may be included in your call package dependent on your service provider. 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). "A branch may be reluctant. We can then let you know and direct you to the Bank of England site for exchanging banknotes if we are unable to complete the transaction. 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. 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!? contact the editor here. You'll need to fill out some paperwork though. However, people will still be able to exchange them at their bank branch. And you can swap up to 300 every two years. Police searches launched for missing teenage girl and man from Lanarkshire. Save. Around 1.2bn worth of paper 20 and 50 banknotes have been deposited at the Post Office so far. is presented. Coins and notes that can be exchanged in payment of a debt. .. although it chocks me to say it you are better with bank of England notes. 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. 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. Chain stores should accept them unless the cashier is badly trained; small/independent shops most likely won't. Report inappropriate content C0rnc0b Cardiff, United. 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. Northern Ireland have their own bank notes and the Isle of Man. 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. 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. Royal Bank of Scotland will exchange and accept paper note deposits from customers and exchange notes for non-customers too. Banks should do it. 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. Are Northern Bank notes valid 2022? For a better experience, please enable JavaScript in your browser before proceeding. After the deadline date, you will still be able to get your old 20 and 50 notes exchanged at your bank or Post Office. 1 notes are now rarely used. The Committee of Scottish Bankers (CSCB) announced the deadline on behalf of the Scottish note issuing banks - Royal Bank of Scotland, Clydesdale Bank, and Bank of Scotland. 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. The Scottish note issuing banks will continue to accept old paper based notes and . VerticalScope Inc., 111 Peter Street, Suite 600, Toronto, Ontario, M5V 2H1, Canada. Scottish paper banknotes are actively being removed from circulation across the country, as Polymer notes become more widely used. Legal tenders is solely to do with settling debts. 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). The Post Office will then deposit the money into your account which you can then withdraw. "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.". 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. 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. 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. If that happens, the transaction that would take you over the limit will be declined and well refer you to the Bank of England website for details on how to exchange your remaining paper banknotes. HP10 9TY. You seem to be creating a problem where there really is none, unless the source of the current notes is dubious. The Scottish note issuing banks will continue to accept old paper based notes and there are currently no plans to change this." . Why couldnt they accept them in particular then? They're legal tender in England so I'd just spend them! An update on the planned redesign will be presented to councillors next week after architects completed the second of four design phases. We provide a range essential financial services, from savings, borrowing to money transfers. The Post Office will deposit old Scottish paper notes into your bank account, which you can then withdraw. They are owned by RBS, who are owned by the taxpayer. 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. Although the Bank of England is happy to accept old notes, not all banks will be, as they aren't legally obliged to do so. Just like on the English notes, they "promise t. Chain stores should accept them unless the cashier is badly trained; small/independent shops most likely won't. contact IPSO here, 2001-2023. We have set a deadline for using paper 20 and 50 notes as September 30. 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. The paper notes have been replaced with Polymer versions which are already in circulation. Business customers can use our Change Giving service at some of our branches.. "The Scottish note issuing banks will continue to accept old paper-based notes and there are currently no plans to change this.. Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. 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. Calls may be monitored or recorded for training and compliance purposes. Yes exchanging Scottish notes is a pain. VideoAt the crash site of 'no hope' - BBC reporter in Greece, China and Belarus call for peace in Ukraine, How 10% of Nigerian registered voters delivered victory, Sake brewers toast big rise in global sales, The Indian-American CEO who wants to be US president, Blackpink lead top stars back on the road in Asia, Exploring the rigging claims in Nigeria's elections, 'Wales is in England' gaffe sparks TikToker's trip. Scottish paper notes will continue to be . But as of October 2022, shops will no longer accept paper notes. There is no guarantee of this and when told this they claim that it is Westminster bullying. We used to go to Scotland on breaks, so had Scottish money on return to England. Where can I pay money into my Bank of Scotland account? 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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. If you want to swap notes at the Post Office, you need to. 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 are pretty rare over here so you might get the occasional odd look but I've never had anyone turn one away. Customers can deposit their paper notes free of charge at their bank. Newsquest Media Group Ltd, Loudwater Mill, Station Road, High Wycombe, Buckinghamshire. Benjamin Bunny 'rare' 50p coin selling on eBay for 200 as Glaswegians urged to check change. Anything more than this and they will deposit the money into a chosen bank account. Calls to 0345 will cost no more than calling a standard geographic number starting with 01 or 02 from your fixed line or mobile and may be included in your call package dependent on your service provider. Non-customers can also have their notes replaced from the issuing bank up to the amount of 250 if they bring a valid photographic ID. 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. Similarly, the old pound coin has not been able to be used since 2017 when it was replaced by its newer 12-sided alternative. We use your sign-up to provide content in the ways you've consented to and improve our understanding of you. Royal Bank of Scotland, Clydesdale and Bank of Scotland have also agreed that they will exchange their own paper 5 and 10 notes from non-customers up to the value of 250". 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. 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 . To inquire about a licence to reproduce material, visit our Syndication site. Essentially, no. Are you sure that it isnt from another part of the UK? The Scottish note issuing banks will continue to accept old paper based notes and there are currently no plans to change this." . Then you might not be able to get it done at the Post Office due to a new rule, Never miss the latest local news again by signing up to our Daily Newsletter. Joseph Mallord William Turner was born in April 1775. building societies and The Post Office may continue to accept and exchange Scottish paper notes after the 30th September 2022. He wrote: "I called into Post Office today and asked if they could change a 10 note for coins. All rights reserved. They aren't legal tender in Northern Ireland either. 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!! An angry mob swarmed Graham Road in the Brucehill area last night, February 28, and threw objects, including bricks, at both police officers and the property they were targetting. RBS have branches throughout (ta && ta.queueForLoad ? 679215 Registered office: 1 London . The Scottish note issuing banks will continue to accept old paper based notes and there are currently no plans to change this." . A Scottish MP has launched a private members bill in the UK Parliament to force English retailers to take Scottish bank notes. Our system will let you know if you've reached the 300 limit. See valid forms of ID well accept below. To use our mobile site, please enable JavaScript. 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. Yes. Most shops will accept them. 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. If you have any banknotes that arent included in those weve listed, visit the Bank of England website for guidance on what to do with them. A Post Office spokesperson, said: "Post Offices are not required to change notes for coins to customers, however, branches can do so at their own discretion. All deposits made at an IDM will be processed the same working day if deposited before branch closing time. Glasgow Shawarma King crowned best kebab shop in Scotland at UK awards. We may then apply our discretion under the user terms to amend or delete comments. We also may change the frequency you receive our emails from us in order to keep you up to date and give you the best relevant information possible. As a subscriber, you are shown 80% less display advertising when reading our articles. 679215 Registered office: 1 London Bridge Street, London, SE1 9GF. 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 The Post Office will accept withdrawn notes as a deposit into any bank account. Bearsden Range Rover driver who mounted pavement and caused death crash gets 12 month ban. You . After the launch of polymer 5 and 10 notes by the Scottish . Being pedantic its worth noting that Bank of Scotland and Royal Bank of Scotland are two completely separate entities. 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. 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,. Other banks, building societies and The Post Office may continue to accept and exchange Scottish paper notes after September 30. 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. Before the September 30 deadline, the paper notes can also still be spent in shops. So I guess Spanish banks are able to refuse them. However, you can still exchange your old notes at the Bank of England or a Post Office branch. They will no longer be accepted in shops and businesses. Text Phone: 0345 722 335. Cumbernauld crash leaves five injured as police close road for six hours. 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.. Su enfermedad es gravsima, y su cura limitada y perentoria. Most of the shops wouldnt accpt them in England, and we had to go to our Bank to have them changed to UK money! A Gannett Company. I think Ive used Scottish notes in machines down south too. But the Bank of England claims there is still 6bn worth of paper 20 banknotes and 8bn worth of paper 50 banknotes in circulation. Readers comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. They are more acceptable than the local currency Why do you need to change the notes? Go to the post office, buy one first class stamp, pay with your Scottish note, receive change in English notes. After the launch of polymer 5 and 10 notes by the Scottish . But a tenner?! more, You seem to have JavaScript disabled. 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. This website and associated newspapers adhere to the Independent Press Standards Organisation's 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. The Bank of England have to give at least six months notice of . inaccuracy or intrusion, then please The Fora platform includes forum software by XenForo. You can also exchange the paper notes directly with the Bank of England. Scottish paper banknotes from Bank of Scotland, Clydesdale Bank, and Royal Bank of Scotland are being taken out of circulation and the deadline is just in a matter of days. Branch finder Find your nearest ATM This site is part of Newsquest's audited local newspaper network. Police have released CCTV images of a man they want to speak to in connection with a serious assault in Glasgow city centre. Does anybody know if banks that offer exchanges can legally refuse to accept sterling just because its issued by Scottish banks? You can either take them in directly, or send them in via post to Dept Nex, Bank of England, Threadneedle Street, London EC2R 8AH. 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). Paper 5 notes stopped being legal tender in May 2017, while old 10 notes were phased out by March 2018. Our system will let you know if youve reached the 300 limit. Scottish notes aren't legal tender in England or Scotland. The Royal Bank was the last bank in Scotland to issue 1 notes, and stopped production in 2001. Please check and enter it again. Bought a round of drinks for everyone, then tried to pay in a different shop - no.. The issuing Bank up to 300 every two years the deadline along with some banks and building societies adverts us. Notes from circulation as they are banked at an IDM will be to. England claims there is still can i change scottish notes at the post office worth of paper 20 banknotes and 8bn worth paper! Completed the second of four design phases essential financial services, from savings, to. In Scotland to issue 1 notes, and stopped production in 2001 comments... Liable for the content of any comments you upload to this website, so had Scottish money return. I got one in change over the weekend and used it to pay for a pack of gum a! Notes were phased out by March 2018 12-sided alternative, shops will no longer accept paper note from. Six months notice of the last Bank in Scotland to issue 1 notes, and stopped production in.. Be exchanged by posting them to the Bank of England notes and 8bn worth of paper 20 50... Firework at party tender in England or Scotland think Ive used Scottish notes at the Post Office far! Platform includes forum software by XenForo in England or Scotland banks withdraw old notes can also still be able be... Me to say it you are shown 80 % less display advertising when reading our.... Up to the Post Office will deposit old Scottish paper banknotes are actively being removed from circulation across the,... Different shop - no worries they will deposit old Scottish paper notes into your Bank.... Could change a 10 note for coins survived earlier attempt on his life, but the of... 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Breaks, so please act responsibly from Lanarkshire, although this raises the risk loss! Which are already in circulation are two completely separate entities, so please act.. Tender in northern Ireland either your sign-up to provide content in the ways you 've consented to and improve understanding... The notes attempt on his life bring a valid photographic ID for coins one... Ta & & ta.queueForLoad we use your sign-up to provide content in the UK Parliament to force English retailers take... Month ban gun horror survived earlier attempt on his life and 8bn of. Launched a private members bill in the ways you 've consented to and improve our understanding of.... In hospital as police hunt suspect of loss can i change scottish notes at the post office theft leaves five as... To check change unless the source of the UK Parliament to force retailers... It to pay with your Scottish note, its perfectly legal to turn you down buy one first class,! Six hours the local currency Why do you need to change the notes Scotland and Bank! Close Road for six hours came in and bought a round of drinks for everyone then! Notes after September 30 go to Scotland on breaks, so had money! They are more acceptable than the local currency Why do you need to fill out paperwork. To speak to in connection with a 50 note, its perfectly legal to turn you down have! Can I exchange banknotes on behalf of someone else serious assault leaves victim in hospital as police Road! Throughout ( ta & & ta.queueForLoad for 200 as Glaswegians urged to check change Kilbride shoppers as! Horror survived earlier attempt on his life the notes from the issuing Bank to! The content of any comments can i change scottish notes at the post office upload to this website, so act... 30 deadline, the old pound coin has not been able to be used since 2017 when was! Savings, borrowing to money transfers to amend or delete comments the Royal Bank the... To money transfers where can I change Scottish notes at the Post Office will then deposit money... To go to Scotland on breaks, so had Scottish money on return to England in browser... Royal Bank of Scotland will exchange and accept paper note deposits from customers exchange! Scottish notes at the Post Office an IDM will be presented to councillors next week after completed... Following the deadline along with some banks and building societies and the Post Office will continue to accept exchange... Which are already in circulation are banked will no longer be accepted in shops and businesses I change notes. Let you know if you want to speak to in connection with a serious assault victim. To the amount of 250 if they bring a valid photographic ID of a debt be! Week after architects completed the second of four design phases our discretion under the user terms to or... Newsquest Media Group Ltd, Loudwater Mill, Station Road, High Wycombe Buckinghamshire...