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? Exchange paper Bank of England banknotes from the last series that have been withdrawn from circulation at participating Post Office branches. Plan your getaway with travel essentials including travel money, insurance and documents. Debit cards, cheques and contactless aren't legal tender anywhere. ThePost Office will continue to accept paper notes as deposits following the deadline along with some banks and building societies. "We apologise for any inconvenience caused by our branch in Kent not accepting Scottish notes and are in contact with the postmaster about this.". The Scottish note issuing banks will continue to accept old paper based notes and there are currently no plans to change this." . Yes, my apologies for the mistake in my first . Why do you capture my details when I exchange banknotes in branch? Emergency services were called to the scene on Tuesday evening. Answer (1 of 15): "legal tender" is a very misunderstood term and nowt to do with this. building societies and The Post Office may continue to accept and exchange Scottish paper notes after the 30th September 2022. In practice, you will find only Scottish notes are dispensed by ATMs, banks, etc. Read about our approach to external linking. Yes you'll be fine with Scottish notes here. All three main Scottish banks issue their own notes, and for that privilege they lodge funds with the Bank of England to cover all notes they issue. Well capture a few details and will need to check your photo ID to record the exchange. Are you sure that it isnt from another part of the UK? 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). He wrote: "I called into Post Office today and asked if they could change a 10 note for coins. If you're sending less than 50 to them, you can expect to receive new notes in the post in exchange. Can You Bank Scottish notes? ta.queueForLoad : function(f, g){document.addEventListener('DOMContentLoaded', f);})(function(){ta.trackEventOnPage('postLinkInline', 'impression', 'postLinks-59177541', '');}, 'log_autolink_impression');London where I can change my RBS/Clydesdale Scottish bank notes to Bank of England notes? 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. 22 February 2020 at 12:00PM Oldbiggles Forumite 499 Posts Police have released CCTV images of a man they want to speak to in connection with a serious assault in Glasgow city centre. Most shops will accept them. 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. The Scottish independence referendum will not affect your trip or your currency. 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. 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. This site is part of Newsquest's audited local newspaper network. Scottish paper banknotes are actively being removed from circulation across the country, as Polymer notes become more widely used. The paper notes have been replaced with Polymer versions which are already in circulation. Editors' Code of Practice. Three banks in Scotland are authorised to issue notes: Bank of Scotland, Clydesdale Bank and . Our system will let you know if youve reached the 300 limit. While both can be generally used throughout UK, you will have problems using them outside UK - not everywhere but a lot of the times. Scottish notes arent legal tender in England or Scotland. 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. I am staying in the financial district during my stay, so I'm sure there must be a bank who will do this? From breaking news to the latest on the coronavirus crisis in Scotland, we''ll have you covered. Old notes can also be exchanged by posting them to the Bank of England, although this raises the risk of loss or theft. Other banks, building societies and The Post Office may continue to accept and exchange Scottish paper notes after the March 1. 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. Royal Bank of Scotland will exchange and accept paper note deposits from customers and exchange notes for non-customers too. Being pedantic its worth noting that Bank of Scotland and Royal Bank of Scotland are two completely separate entities. They are more acceptable than the local currency Why do you need to change the notes? Technically neither Scottish nor NI notes are legal tender in England, but they are good tender. Calls may be recorded. ta.queueForLoad : function(f, g){document.addEventListener('DOMContentLoaded', f);})(function(){ta.trackEventOnPage('postLinkInline', 'impression', 'postLinks-59191423', '');}, 'log_autolink_impression');London, including the City. 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. Para sanarse slo necesitan reconocerse. You are correct that Northern Ireland banknotes are not legal tender. 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. Scottish polymer notes now account for about 90% of 20 and 50% of 50 bank notes circulating in Scotland. . People can take or post any old notes to the bank in . After April 30, agreeing to exchange notes will be at the discretion of individual institutions. Registered in England & Wales | 01676637 |. Full guidance is available on the Bank of England's website. Old series Bank of England notes can be presented for exchange either in person at the Bank's premises in London, or sent by post (at the sender's risk) to: Dept NEX, Bank of England, Threadneedle Street, London EC2R 8AH. The Scottish note issuing banks will continue to accept old paper based notes and there are currently no plans to change this." Polymer notes now account for 80 per cent of 10 and 90 per cent . Can I exchange Scottish notes in England? We have set a deadline for using paper 20 and 50 notes as September 30. "The Sun", "Sun", "Sun Online" are registered trademarks or trade names of News Group Newspapers Limited. These adverts enable local businesses to get in front of their target audience the local community. Please check and enter it again. 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 Post Office in southern England will not accept 'Scottish money', This is the remarkable history of every currency Scotland has ever had. Sounds like a Belfast thing, didn't it used to be famous for linen? Hopefully after a couple of runs they'll realise they've been bested and just exchange your money PrestigiousPath 4 yr. ago This means that we may include adverts from us and third parties based on our knowledge of you. 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. inaccuracy or intrusion, then please 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". A shopper from Stroud tweeted his disbelief when a post office in Worcestershire refused to change a 10 note for coins, saying that their reasoning was 'nonsense'. Comments have been closed on this article. We use your sign-up to provide content in the ways you've consented to and improve our understanding of you. Officers are appealing for information on the man pictured. Go to the post office, buy one first class stamp, pay with your Scottish note, receive change in English notes. Those ads you do see are predominantly from local businesses promoting local services. We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. All deposits made at an IDM will be processed the same working day if deposited before branch closing time. You just need to show us a valid photo ID. The Post Office is preparing for a "last-moment" rush of customers depositing paper 20 and 50 banknotes this week, before they can no longer be used in shops or to pay businesses. 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 deadline for using your old paper 20 notes is September 30, 2022. Bank of Scotland 50 Pounds banknote (2007-2011 series) This fifty pounds bill measures 156mm by 85mm. Debit cards, cheques and contactless arent legal tender anywhere. 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. Protect whats most important to you from your mobile phone to the future of your family. You can exchange any of these paper banknotes at no cost in participating branches, up to a maximum of 300 in any two-year period. And you'll certainly be able to get them exchanged at . Large exchange offices at Schiphol or near Centraal station . Instead the Scottish banks withdraw old notes from circulation as they are banked. 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. Alternatively, you may use. Expat Forum For People Moving Overseas And Living Abroad. It is important that we continue to promote these adverts as our local businesses need as much support as possible during these challenging times. contact IPSO here, 2001-2023. Never had any problems spending Scottish banknotes south of the boarder. Yes exchanging Scottish notes is a pain. 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). Scottish notes are Pound Sterling, and if youre a customer of ours, youll be able to deposit these in branch. Weve got the most informed readers in Scotland, asking each other the big questions about the future of our country. Royal Bank of Scotland will exchange and accept paper note deposits from customers and exchange notes for non-customers too. We may then apply our discretion under the user terms to amend or delete comments. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused. If you are dissatisfied with the response provided you can "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. To use our mobile site, please enable JavaScript. Any notes still in circulation continue to be honoured by banks, but retailers may refuse to accept older notes. But as of October 2022, shops will no longer accept paper notes. British Linen Bank!- what on earth is that!? The only exception is our Change-Giving service which is set up through a Business Bank Account - Stephen.". There are three places where you can exchange old 10 notes: 1. 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. If youre unable to reach any of the participating branches for any reason, please check the Bank of England website to find out how to exchange your expired banknotes. If you want to pay for a pack of gum with a 50 note, its perfectly legal to turn you down. Yes. All materials are posted on the site strictly for informational and educational purposes! To see all content on The Sun, please use the Site Map. We offer a range of postal services to send, collect and return items, including regular sender services. That's silly. Bear in mind though that the risk you run posting them is that they could get lost on the way. For further details, please see the Bank of England website. But the Bank of England claims there is still 6bn worth of paper 20 banknotes and 8bn worth of paper 50 banknotes in circulation. 11,771 posts. Those ads you do see are predominantly from local businesses promoting local services. Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Popular chippy near Glasgow named best in UK-wide awards. 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. If you have a complaint about the editorial content which relates to This man may hold information that could help police in their investigation into 'reckless conduct' that took place when rivals Rangers and Celtic played at Ibrox. You can also exchange the paper notes directly with the Bank of England. 1 Scottish GBP = 55PHP. The latest notes to be withdrawn from use are paper 20 and. The Scottish note issuing banks will continue to accept old paper based notes and there are currently no plans to change this." . Barclays, NatWest, Royal Bank of Scotland, Ulster Bank and the Post Office have agreed to exchange . 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. 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!! The Post Office will also continue to accept paper notes following the deadline, as will some building societies. Convert this page to PDF News // Market notice 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. 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. Businesses and shops will no longer be obliged to accept the paper notes from that date. Please bring one of these acceptable forms of photo ID into branch to use this service: Use our branch finder tool to locate a Post Office that offers this service nearest to you. Something went wrong, please try again later. They are authorised and approved by the UK. Nearly a quarter of respondents (23%) said they would reject the note if handed one. We provide a range essential financial services, from savings, borrowing to money transfers. Scottish notes are dispensed by ATMs, banks can i change scottish notes at the post office but retailers may refuse to and! Local newspaper network terms to amend or delete comments 'm sure there must be a Bank who do., `` Sun Online '' are registered trademarks or trade names of Group... Including travel money, insurance and documents buy one first class stamp, pay with Scottish! Content in the financial district during my stay, so I 'm there! 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