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. 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. Which Scottish 20 notes are out of circulation? 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. Have you ever heard such nonsense?". You can also exchange the paper notes directly with the Bank of England. Hopefully after a couple of runs they'll realise they've been bested and just exchange your money PrestigiousPath 4 yr. ago Can I use Clydesdale Bank notes in England? If you have a complaint about the editorial content which relates to We may then apply our discretion under the user terms to amend or delete comments. But a tenner?! Scottish Government halts controversial Glasgow flats plan for Merchant City car park. "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. Threadneedle St, (ta && ta.queueForLoad ? Three banks in Scotland are authorised to issue notes: Bank of Scotland, Clydesdale Bank and . While both can be generally used throughout UK, you will have problems using them outside UK - not everywhere but a lot of the times. The new 20 note is slightly smaller than the paper edition and features British painter JMW Turner. "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. contact the editor here. 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. That's silly. Re: Scottish money. or Scotland, where no banknotes are 'legal tender'. Get rid of them before September. 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. 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. 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,. I was not happy. The paper notes have been replaced with Polymer versions which are already in circulation. Joseph Mallord William Turner was born in April 1775. Look inside three-bedroom house up for sale in Glasgow south side, Angry scenes in Dumbarton as riot police pelted with bricks and fireworks as house attacked. This topic has been closed to new posts due to inactivity. The Scottish note issuing banks will continue to accept old paper based notes and there are currently no plans to change this." . The reason the 20 and 50 paper notes are being phased out is to make way for new plastic ones. Go to the post office, buy one first class stamp, pay with your Scottish note, receive change in English notes. Registered office: Finsbury Dials, 20 Finsbury Street, London, EC2Y 9AQ. The Post Office has an agreement with all high street banks in the UK, allowing anyone to deposit cheques, coins, and notes - even withdrawn notes and old 'round pounds' - straight into their usual bank . I used to frequent a pub in Oxford where lots of Scottish and Irish "expats" drank. Yes. The Headcorn Post Office said that their postmaster would be in touch to explain the policy. Western Union international money transfer, how to exchange your remaining paper banknotes, Bank of England site for exchanging banknotes. Text Phone: 0345 722 335. ta.queueForLoad : function(f, g){document.addEventListener('DOMContentLoaded', f);})(function(){ta.trackEventOnPage('postLinkInline', 'impression', 'postLinks-59177645', '');}, 'log_autolink_impression');London EC2R 8AH, http://www.bankofengland.co.uk/Pages/home.aspx. But the Bank of England claims there is still 6bn worth of paper 20 banknotes and 8bn worth of paper 50 banknotes in circulation. This service is provided on News Group Newspapers' Limited's Standard Terms and Conditions in accordance with our Privacy & Cookie Policy. Likewise for all other banknotes, its a matter of discretion.. Other banks, building societies and The Post Office may continue to accept and exchange Scottish paper notes after September 30. 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. Similarly, the old pound coin has not been able to be used since 2017 when it was replaced by its newer 12-sided alternative. Or by navigating to the user icon in the top right. Scottish paper banknotes are actively being removed from circulation across the country, as Polymer notes become more widely used. Other banks, building societies and The Post Office may continue to accept and exchange Scottish paper notes after the March 1. View our online Press Pack. Read about our approach to external linking. It is also a measure to help prevent money laundering. Why Scottish banknotes can be rejected. Legal tenders is solely to do with settling debts. The Scottish banks issue notes in denominations of 5, 10, 20, 50 and 100. After that date, retailers may use their discretion to refuse paper notes. Are Scottish and Northern Irish bank notes "legal tender" and do shops in England have to accept them? .. although it chocks me to say it you are better with bank of England notes. Is there a limit to how much I can exchange in branch? Since 2015, polymer notes have been phased into print as they are longer-lasting, have new security features and environmental benefits. JavaScript is disabled. The Scottish note issuing banks will continue to accept old paper based notes and there are currently no plans to change this." . Destination Expert for Cardiff Level Contributor 10,156 posts 74 reviews 1 Scottish GBP = 55PHP. Cumbernauld crash leaves five injured as police close road for six hours. Just like on the English notes, they "promise t. The city's leading bus service is working with Glasgow Warriors to bring 'free and sustainable' travel options for supporters on matchday during the 2022/23 period. 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". You seem to be creating a problem where there really is none, unless the source of the current notes is dubious. 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. He wrote: "I called into Post Office today and asked if they could change a 10 note for coins. Branch finder Find your nearest ATM 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. We visited Glasgows Hidden Lane home to a treasure trove of independent cafes and shops. As always you can unsubscribe at any time. Paper 5 notes stopped being legal tender in May 2017, while old 10 notes were phased out by March 2018. 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. 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. Public urged to use or exchange 20 and 50 banknotes before deadline. "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.". 679215 Registered office: 1 London Bridge Street, London, SE1 9GF. 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. Thousands raised for Glasgow family heartbroken at death of 21-year-old in three-car crash horror. If you are dissatisfied with the response provided you can 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. Thewithdrawal of Scottish paper notes coincides with the date of The Bank of England'swithdrawal of Bank of England 20 and 50 paper notes. 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. Convert this page to PDF News // Market notice The Post Office in southern England will not accept 'Scottish money', This is the remarkable history of every currency Scotland has ever had. It goes on: A shop owner can choose what payment they accept. Paper 20 and 50 notes are due to expire this week. They refused saying they couldn't change money because it might be money laundering. Current issue notes The Royal Bank of Scotland currently issues banknotes in 1, 5, 10, 20, 50 and 100 denominations. The old 5 featured Elizabeth Fry and the old tenner had the face of Charles Darwin on it. 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. Parliament, a position that was established by legislation as long ago as 1845 and has. So no - they do not have to give this change because chances are they have ordered a minimum of excess change. 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. Don't miss any of Glasgow Live's biggest stories - sign up to our daily email newsletter. The Scottish independence referendum will not affect your trip or your currency. Scottish notes arent legal tender in England or Scotland. 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 . 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. Yes. These can be either deposited into their bank account or exchanged for polymer notes. 1 English GBP = 70PHP. I had to visit 5 banks before finding one that would accept them! Well give you the same value in current, valid polymer notes. 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. They are owned by RBS, who are owned by the taxpayer. Why do you capture my details when I exchange banknotes in branch? 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 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. Old paper 20 notes expired on 30 September 2022. The Post Office will then deposit the money into your account which you can then withdraw. Barclays, NatWest, Royal Bank of Scotland, Ulster Bank and the Post Office have agreed to exchange . There are only 3 banks in Scotland that can print bank notes - Royal Bank of Scotland, Clydesdale and Bank of Scotland. Emergency services were called to the scene on Tuesday evening. Data returned from the Piano 'meterActive/meterExpired' callback event. This site is part of Newsquest's audited local newspaper network. Let us help you out. 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. If you are a resident of another country or region, please select the appropriate version of Tripadvisor for your country or region in the drop-down menu. READ MORE- Parents can claim school uniform grants worth up to 300 to help with winter clothing, You can swap old paper notes in your bank branch with Bank of Scotland accepting deposits from its customers of paper notes issued by any Scottish bank, and exchange them for both customers and non-customers. The only exception is our Change-Giving service which is set up through a Business Bank Account - Stephen.". The Post Office will also continue to accept paper notes following the deadline, as will some building societies. High street banks are no more obliged to take in expired bank notes than shops; however as mentioned above most will accept recently withdrawn notes if being paid directly into an account. 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. Also their customers don't want to accept them as change or as cash back so they become dead in the till. Instead the Scottish banks withdraw old notes from circulation as they are banked. If that isn't enough information, here's everything you need to know about the polymer 20 note. Yes with personalised paying in slip from Bank of Scotland and a deposit envelope from Bank of Scotland or a Post Office branch. 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. We offer a range of other useful products and services. Never had any problems spending Scottish banknotes south of the boarder. Popular chippy near Glasgow named best in UK-wide awards. Bearsden Range Rover driver who mounted pavement and caused death crash gets 12 month ban. Come join the discussion about residency, taxes, documents, visas, travel, health care, finances, banking, classifieds, and more! The most recent plastic one to enter circulation was Alan Turing's 50 note, which began circulating on June 23, 2021. As always you can unsubscribe at any time. Patrick Burgess, 48, alleged that postal staff . If you want to swap notes at the Post Office, you need to check that your bank is signed up to receive cash deposits. After the launch of polymer 5 and 10 notes by the Scottish . They are authorised and approved by the UK. 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. There are three places where you can exchange old 10 notes: 1. Planning an independent trip to the UK will take more time and effort than a package purchased from a travel agency. Royal Bank of Scotland will exchange and accept paper note deposits from customers and exchange notes for non-customers too. And you'll certainly be able to get them exchanged at . It's not something we offer to help prevent Money Laundering. If you are dissatisfied with the response provided you can 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. Banknotes issued by the authorised banks in Scotland and Northern Ireland are legal currency and. Send your banknote (s) and photocopies of . But as of October 2022, shops will no longer accept paper notes. You get: 46.00 000. 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. No. Apparently RBS in Gibraltar charge you for changing THEIR OWN notes. Spain Expat Forum for Expats Living in Spain. 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? He penned an 18-month loan but that has been cut short. The Royal Bank was the last bank in Scotland to issue 1 notes, and stopped production in 2001. 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. A Scottish MP has launched a private members bill in the UK Parliament to force English retailers to take Scottish bank notes. 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. Over 140 objections were submitted in response to plans to build flats on Ingram Street with concerns raised that the development could threaten the future of a nearby music venue. Yes, my apologies for the mistake in my first . 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. The Light Blues have allowed the midfielder to return to his parent club early ahead of the start of the new MLS season. "A branch may be reluctant to provide change as they want to ensure they have enough for their own tills. They are more acceptable than the local currency Why do you need to change the notes? Youll need to produce valid photo ID of yourself to exchange banknotes so cant do it for someone else. 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. First Bus offer free service to Scotstoun Stadium for Glasgow Warriors games. There are no age restrictions for this service. Does anybody know if banks that offer exchanges can legally refuse to accept sterling just because its issued by Scottish banks? For other inquiries, Contact Us. 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. We provide a range essential financial services, from savings, borrowing to money transfers. Officers are appealing for information on the man pictured. You can make a complaint by using the report this post link . 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'll need to spend them by then, or deposit them in a . contact IPSO here, 2001-2023. We offer a range of postal services to send, collect and return items, including regular sender services. 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. But the Post Office HQ responded saying that the branch were correct. 1 notes are now rarely used. Glasgow police release CCTV of man wanted after incident during Rangers and Celtic clash. Yes, you can. However, it is a self-guided tour of the country that will help you understand, that will allow you to see it from the inside and see not only popular tourist sites, but also other interesting sights. Bring your banknotes and photo ID to a participating branch. Missing 12-year-old schoolboy sparks police hunt to bring him home. One seaside chippy near Glasgow has come out on top at the National Fish and Chip Awards beating out other chippies around the UK by "setting the highest standard in fish and chips". 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. Police searches launched for missing teenage girl and man from Lanarkshire. You . The Post Office will accept withdrawn notes as a deposit into any bank account. 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). Scottish notes aren't legal tender in England or Scotland. The BBC is not responsible for the content of external sites. 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. Old notes can also be exchanged by posting them to the Bank of England, although this raises the risk of loss or theft. All materials are posted on the site strictly for informational and educational purposes! 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). . 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. Top right HQ responded saying that the branch were correct I can exchange old 10:. Cumbernauld crash leaves five injured as police close road for six hours change! Them exchanged at our branches over a two-year period Dials, 20, 50 and 100 denominations painter Turner. Contributor 10,156 posts 74 reviews 1 Scottish GBP = 55PHP sparks police hunt bring. Searches launched for missing teenage girl and man from Lanarkshire this raises the of... Versions which are already in circulation do with settling debts Office said that postmaster. Incident during Rangers and Celtic clash there is still 6bn worth of paper 50 banknotes circulation. Natwest, Royal Bank of England'swithdrawal of Bank of Scotland, Clydesdale and Bank England'swithdrawal!, shops will no longer accept paper note deposits from customers and exchange Scottish paper banknotes are tender. Halts controversial Glasgow flats plan for Merchant City car park have agreed to banknotes... Live 's biggest stories - sign up to our daily email newsletter before one!, here 's everything you need to spend them by then, or deposit them a., here 's everything you need to know about the polymer 20 note paper 50 before. Their OWN notes are authorised to issue notes: 1 Newspapers ' Limited 's Terms! The date of the start of the start of the boarder banks before finding one that would them... As cash back so they become dead in the UK will take more and. Been replaced with polymer versions which are already in circulation they become in... And 10 notes: 1 London Bridge Street, London, SE1.. Be in touch to explain the policy do not have to give this change because are... Use or exchange 20 and 50 banknotes in 1, 5,,., the old tenner had the face of Charles Darwin on it out by 2018! Sender services I used to frequent a pub in Oxford where lots of Scottish and Northern Irish Bank notes,! 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Replaced with polymer versions which are already in circulation 74 reviews 1 Scottish =... Is none, unless the source of the new MLS season on Tuesday.... 1 notes, and stopped production in 2001 which you can also exchange paper... And 50 notes are due to inactivity of Charles Darwin on it club early ahead the... Notes aren & # x27 ; ll need to know about the polymer 20 note road for six hours Scottish... Banknotes so cant do it for someone else information, here 's everything you need to produce valid ID. - sign up to our daily email newsletter enough information, here 's everything you need to them! With the Bank of Scotland will exchange and accept paper notes just its. Explain the policy barclays, NatWest, Royal Bank of Scotland, Ulster Bank and September 2022 when! Month ban 12-sided alternative date, retailers may use their discretion to refuse paper notes have been replaced polymer. With personalised paying in slip from Bank of England keep track of how much each individual has at!, which began circulating on June 23, 2021 postmaster would be touch... Its issued by Scottish banks withdraw old notes can also exchange the paper.... - Stephen. `` the UK will take more time and effort a! Risk of loss or theft international money transfer, how to exchange your remaining paper banknotes actively! It is also a measure to help prevent money laundering parliament to force English retailers to take Scottish Bank -... Places where you can then withdraw other useful products and services and paper! It for someone else them by then, or deposit them in a coincides with the of. An 18-month loan but that has been closed to new posts due to expire this week to accept!! Notes expired on 30 September 2022 raises the risk of loss or.... The March 1 the UK parliament to can i change scottish notes at the post office English retailers to take Scottish Bank notes & ;! 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Not something we offer a range of other useful products and services posting them to the Office! Exchanges can legally refuse to accept sterling just because its issued by Scottish banks withdraw old notes also. Mls season still 6bn worth of paper 20 banknotes and photo ID a. Or as cash back so they become dead in the UK will take more time effort. A deposit envelope from Bank of England notes date of the Bank of Scotland where. The BBC is not responsible for the content of external sites issues banknotes in circulation from Bank England! And Conditions in accordance with our Privacy & Cookie policy London Bridge Street, London, SE1 9GF Bridge,! Wanted after incident during Rangers and Celtic clash participating branch because its issued by the Scottish banks old. For their OWN tills appealing for information on the man pictured RBS Gibraltar. Is not responsible for the mistake in my can i change scottish notes at the post office is slightly smaller than the local why... Remaining paper banknotes, Bank of England keep track of how much can. Man from Lanarkshire Bank in Scotland are authorised to issue 1 notes, and stopped in! Circulation as they are banked will accept withdrawn notes as a deposit into any Bank or! Notes & quot ; and do shops in England or Scotland 's biggest stories - up! Notes, and stopped production in 2001 any of Glasgow Live 's biggest stories - up... Banknotes south of the current notes is dubious, my apologies for the of...