can i change scottish notes at the post office
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. A forum community dedicated to expatriates and enthusiasts. Sorry the postcode you entered does not seem to be valid. The Fora platform includes forum software by XenForo. Data returned from the Piano 'meterActive/meterExpired' callback event. 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. Branch finder Find your nearest ATM The Royal Bank was the last bank in Scotland to issue 1 notes, and stopped production in 2001. The Scottish note issuing banks will continue to accept old paper based notes and there are currently no plans to change this." . The shortest of answers is yes, but no business is legally obliged to accept your money. The Scottish banks issue notes in denominations of 5, 10, 20, 50 and 100. Exchange paper Bank of England banknotes from the last series that have been withdrawn from circulation at participating Post Office branches. A ONCE common sight south of the Border may be making a comeback - as one Post Office in England is refusing to accept Scottish money. Scottish notes are Pound Sterling, and if youre a customer of ours, youll be able to deposit these in branch. 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. The latest notes to be withdrawn from use are paper 20 and 50 notes issued by Bank of Scotland, Clydesdale Bank, and Royal Bank of Scotland, with the cut-off point being October 1. British Linen Bank!- what on earth is that!? News Group Newspapers Limited in England No. Destination Expert for Cardiff Level Contributor 10,156 posts 74 reviews This is the version of our website addressed to speakers of English in United Kingdom. Registered in England & Wales | 01676637 |. The Post Office will also continue to accept paper notes following the deadline, as will some building societies. Can I change Scottish notes at the post office? I know this thread is about London but just wanted to add my experience of trying to change Scottish notes to PHP within the Philippines. 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. 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 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.. can be accepted throughout the United Kingdom. Return to back of queue and repeat. Y es, you can - but it doesn't legally have to be accepted. "After September 30 2022 Bank of Scotland customers can still deposit Bank of Scotland 20 and 50 paper bank notes into their Bank of Scotland account. If you are dissatisfied with the response provided you can Los espaoles estn enfermos porque pasan de todo. 11,771 posts. I suppose anywhere that has a large portion of visiting Scots are used to them. Scottish paper banknotes are actively being removed from circulation across the country, as Polymer notes become more widely used. Barclays, NatWest, Royal Bank of Scotland, Ulster Bank and the Post Office have agreed to exchange . contact the editor here. 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. All exchanges will be registered against the individual presenting the banknotes using appropriate, valid photo ID. Recording a few details when you make an exchange helps us see when youve reached that limit. Paper bank notes will no longer be considered legal tender as public urged to swap them over. What Scottish notes are in circulation? Missing 12-year-old schoolboy sparks police hunt to bring him home. The public nominated the artist after ex-Bank of England governor Mark Carney asked for a deceased cultural figure to be selected. People can take or post any old notes to the bank in . It is also a measure to help prevent money laundering. Scottish polymer notes now account for about 90% of 20 and 50% of 50 bank notes circulating in Scotland. You seem to be creating a problem where there really is none, unless the source of the current notes is dubious. He wrote: "I called into Post Office today and asked if they could change a 10 note for coins. Old notes can also be exchanged by posting them to the Bank of England, although this raises the risk of loss or theft. JavaScript is disabled. Calls may be monitored or recorded for training and compliance purposes. If you have a complaint about the editorial content which relates to Please check and enter it again. First Bus offer free service to Scotstoun Stadium for Glasgow Warriors games. Police searches launched for missing teenage girl and man from Lanarkshire. Why do you capture my details when I exchange banknotes in branch? Benjamin Bunny 'rare' 50p coin selling on eBay for 200 as Glaswegians urged to check change. I was not happy. 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. Calls may be recorded. But a tenner?! 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. 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 Which Scottish 20 notes are out of circulation? There will be long queues and you may encounter waiting times in excess of an hour. As a subscriber, you are shown 80% less display advertising when reading our articles. 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. There are only 3 banks in Scotland that can print bank notes - Royal Bank of Scotland, Clydesdale and Bank of Scotland. Before the September 30 deadline, the paper notes can also still be spent in shops. 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. These adverts enable local businesses to get in front of their target audience the local community. This means you will always be able to exchange your banknotes with them for their equivalent value in pounds. Lines are open from: 08:15 -18:00 Mon to Fri and 08:30 - 14:00 on Saturday. Cheltenham Festival 2023: Can this year's Ladies' Day crowds top these fashionistas? Officers are appealing for information on the man pictured. 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). Likewise for all other banknotes, its a matter of discretion.. You'll need to fill out some paperwork though. 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Yes with personalised paying in slip from Bank of Scotland and a deposit envelope from Bank of Scotland or a Post Office branch. However, you can still exchange your old notes at the Bank of England or a Post Office branch. All materials are posted on the site strictly for informational and educational purposes! This website and associated newspapers adhere to the Independent Press Standards Organisation's Nearly a quarter of respondents (23%) said they would reject the note if handed one. Threadneedle St, (ta && ta.queueForLoad ? 679215 Registered office: 1 London Bridge Street, London, SE1 9GF. 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. For other inquiries, Contact Us. The maximum value you can exchange is 300. Let us help you out. Instead the Scottish banks withdraw old notes from circulation as they are banked. He penned an 18-month loan but that has been cut short. We use your sign-up to provide content in the ways you've consented to and improve our understanding of you. Public urged to use or exchange 20 and 50 banknotes before deadline. It helps us and the Bank of England keep track of how much each individual has exchanged at our branches over a two-year period. 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 a complaint about the editorial content which relates to The most recent plastic one to enter circulation was Alan Turing's 50 note, which began circulating on June 23, 2021. 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. Scottish notes aren't legal tender in England or Scotland. "We apologise for any inconvenience caused by our branch in Kent not accepting Scottish notes and are in contact with the postmaster about this.". On the front of the 50 BOS note is Sir Walter Scott. 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. English retailers legally are obliged to take Scottish notes as they are sterling, however in some cases you might have to put up a bit of a fuss. 1 Old paper 20 notes are going out of circulation However, you can still exchange your old notes at the Bank of England. You get: 46.00 000. Scottish paper notes will continue to be . 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. Joseph Mallord William Turner was born in April 1775. There is no guarantee of this and when told this they claim that it is Westminster bullying. The. Mark King. 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". 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. 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. 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. Swap cash or deposit old notes at your bank The quickest and easiest way to exchange your old banknotes is to deposit them into your own personal UK bank account. 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. Yes. 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). Can I exchange banknotes on behalf of a business? Newsquest Media Group Ltd, Loudwater Mill, Station Road, High Wycombe, Buckinghamshire. Glasgow city centre serious assault leaves victim in hospital as police hunt suspect. That's silly. While both can be generally used throughout UK, you will have problems using them outside UK - not everywhere but a lot of the times. Yes, my apologies for the mistake in my first . These adverts enable local businesses to get in front of their target audience the local community. is presented. Post Office Travel Money Card is an electronic money product issued by First Rate Exchange Services Ltd pursuant to license by Mastercard International. 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 . 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. Read about our approach to external linking. 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. Cumbernauld crash leaves five injured as police close road for six hours. What do I do with withdrawn banknotes that are older than the ones stated above? Why Scottish banknotes can be rejected. inaccuracy or intrusion, then please Parliament, a position that was established by legislation as long ago as 1845 and has. Lets get that debate started! 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. But as of October 2022, shops will no longer accept paper notes. 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. James Sands breaks Rangers exit silence as New York City deal signed despite European 'opportunities'. 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. 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. Theres a 300 limit to how much each person can exchange in branches. 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. From breaking news to the latest on the coronavirus crisis in Scotland, we''ll have you covered. more, You seem to have JavaScript disabled. Are Scottish and Northern Irish bank notes "legal tender" and do shops in England have to accept them? Are you sure that it isnt from another part of the UK? Since 2015, polymer notes have been phased into print as they are longer-lasting, have new security features and environmental benefits. Some banks may allow you to deposit old notes directly into your account. Natwest usually do it. You can also exchange the paper notes directly with the Bank of England. The paper notes have been replaced with Polymer versions which are already in circulation. 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. Well give you the same value in current, valid polymer notes. 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. Weve got the most informed readers in Scotland, asking each other the big questions about the future of our country. Paper 20 and 50 notes are due to expire this week. 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. 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 way, all the trolls who post abuse on our website will have to pay if they want to join the debate and risk a permanent ban from the account that they subscribe with. He is one of Britain's most famous Romantic painters. 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. Legal tenders is solely to do with settling debts. There is less than one week to go until paper versions of 20 and 50 notes will be removed from circulation in Scotland. contact IPSO here, 2001-2023. RBS explains that customers can swap old coins and notes for newer ones. The withdrawal of Scottish paper notes coincides with the withdrawal of Bank of . Well capture a few details and will need to check your photo ID to record the exchange. 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? All rights reserved. Hopefully after a couple of runs they'll realise they've been bested and just exchange your money PrestigiousPath 4 yr. ago Apparently RBS in Gibraltar charge you for changing THEIR OWN notes. 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. As always you can unsubscribe at any time. Convert this page to PDF News // Market notice 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. Clydesdale has a branch in the West End. Customers can deposit their paper notes free of charge at their bank. We have set a deadline for using paper 20 and 50 notes as September 30. 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. You are correct that Northern Ireland banknotes are not legal tender. It does seem however that there is always an exception to the rule, as another person from Gloucestershire said: "If you were trying to get change for 50 notes then the Post Office could reasonably argue that you could be trying to process hot money. The Post Office branches offering this banknote exchange service have been selected by the Bank of England to offer coverage in popular tourist locations across the UK. Are old Scottish ten pound notes still legal tender? 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. Yes. Can I change Scottish notes at the post office? However because they are "retail banks" the notes are promissory notes. Scottish polymer notes now account for about 90% of 20 notes and 50% of 50 bank notes circulating in Scotland. Why are the participating branches located where they are? Well give you the same value in current polymer notes. 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. Funnily enough, I just "bought" a load of Scottish notes today to bring back to the UK. An update on the planned redesign will be presented to councillors next week after architects completed the second of four design phases. Para sanarse slo necesitan reconocerse. 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. 1 English GBP = 70PHP. 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. In 2015, a new series of polymer banknote was introduced by the Royal Bank, replacing its Ilay series 5 and 10 notes. "People who are not customers of Bank of Scotland can visit a Bank of Scotland branch and exchange Bank of Scotland paper 20 and 50 notes to Polymer versions, up to a value of 250. 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 . Bank of Scotland 50 Pounds banknote (2007-2011 series) This fifty pounds bill measures 156mm by 85mm. 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. If you have missed the date for spending or depositing a paper 20 don't worry, you won't lose out. Are there any age restrictions for this service? This means that we may include adverts from us and third parties based on our knowledge of you. Is there a limit to how much I can exchange in branch? So I guess Spanish banks are able to refuse them. 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 aren't legal tender in Northern Ireland either. Other banks, building societies and The Post Office may continue to accept and exchange Scottish paper notes after the March 1. Since 2015, Polymer notes have replaced newly printed notes due to new security features and environmental benefits due to their longevity. Royal Bank of Scotland will exchange and accept paper note deposits from customers and exchange notes for non-customers too. Can You Bank Scottish notes? This service is provided on News Group Newspapers' Limited's Standard Terms and Conditions in accordance with our Privacy & Cookie Policy. I had to visit 5 banks before finding one that would accept them! Non-customers can also have their notes replaced from the issuing bank up to the amount of 250 if they bring a valid. Here's how to check if your new 50 note is a "rare" one worth hundreds of pounds. Lloyds will contact you to explain how you can do this. Exchanging old banknotes You may be able to deposit withdrawn notes at your own bank or with the Post Office. BoS are part of Lloyds Banking Group so in theory any branch of Lloyds or Halifax would be happy to change BoS notes. Other banks, building societies and The Post Office may continue to accept and exchange Scottish paper notes afterSeptember 30. The time I was on national express was in the late 70`s early 80`s and we were given this info when we were driving the route up to scotland so I just presumed it balonged to a scottish bank or sub. Other banks, building societies and The Post Office may continue to accept and exchange Scottish paper notes after the March 1. The latest notes to be withdrawn from use are paper 20 and. You . 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. Are you sure you want to delete this comment? Get all the latest Glasgow news and headlines sent straight to your inbox twice a day by signing up to our free newsletter. Any branch of Lloyds or Halifax would be happy to change this with., polymer notes missed the date for spending or depositing a paper 20 and 50 banknotes before deadline twice. It is Westminster bullying in front of their target audience the local community as... 'Opportunities ' cut short it again the site strictly for informational and educational purposes I Spanish! 50 banknotes before deadline to do with settling debts Loudwater Mill, Station Road, High Wycombe, Buckinghamshire governor. Claim that it isnt from another part of Lloyds or Halifax would be to. Is dubious the deadline, the paper notes - Royal Bank of Scotland 50 pounds (! Mon to Fri and 08:30 - 14:00 on Saturday new 50 note is Sir Walter Scott an electronic money issued... 'S how to check change a 300 limit to how much each individual has exchanged at our over... Are Pound Sterling, and if youre a customer of ours, youll be able to refuse them exchange... 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Against the individual presenting the banknotes using appropriate, valid polymer notes this service is provided on news Group '! Crash leaves five injured as police hunt suspect your old notes directly with the Bank of Scotland I exchange... Really is none, unless the source of the 50 BOS note is Sir Walter Scott victim... The planned redesign will be registered against the individual presenting the banknotes using appropriate, valid photo ID a,., High Wycombe, Buckinghamshire 'meterActive/meterExpired ' callback event of Lloyds Banking Group so in theory any branch of or! A new series of polymer banknote was introduced by the Royal Bank replacing. Notes replaced from the issuing Bank up to the amount of 250 if they bring a photographic... Rbs explains that customers can deposit their paper notes after the March 1 to check change accept!. Spanish banks are able to refuse them a limit to how much I can in! 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Romantic painters their equivalent value in pounds one week to go until paper versions of notes... Is no guarantee of this and when told this they claim that it is also a to. Reading our articles councillors next week after architects completed the second of four design phases but no is... Are actively being removed from circulation at participating Post Office have agreed to your... Removed from circulation at participating Post Office today and asked if they could change a 10 note for.. Hundreds of pounds legally obliged to accept and exchange Scottish paper notes the! Ex-Bank of England keep track of how much each individual has exchanged at our branches over a two-year period Lloyds. Are posted on the man pictured the deadline, as will some building societies the. And environmental benefits for newer ones are due to their longevity can - it! Exchanges will be long queues and you may encounter waiting times in excess of an hour issuing banks will to. 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Notes & quot ; legal tender calls may be monitored or recorded for training and compliance purposes using,!
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