The end of Scottish banknotes ?

eeja

On a lighter note following RBS share price dropping 70% today as of this moment and almost certain to be nationalised and Bank of Scotland already taken over effectively by Lloyds; both being London owned and run, probably brings an end to their right to issue Scottish banknotes. Sadly we are left with one Ozzie bank having the right to issue Scots notes as owner of the Clydesdale Bank ! Truly ironic.

itsallagame_2

Thank god,

mostly counterfeit anyway :j

opinions4u

While Lloyds retain the Bank of Scotland banking licence they will retain the right to print bank notes.

rb10

According to http://news.bbc.co.uk/1/hi/scotland/7667527.stm, from October 13th last year,

Lloyds TSB says the Scottish headquarters will remain on the Mound in Edinburgh, there will still be a Scottish annual general meeting and Bank of Scotland bank notes will still be printed.

omelette451

I certainly hope they do stay. One of my favourite pastimes is collecting them when in Scotland (also N Ireland too) and trying to confuse shop assistants with them back in England, and it would be a great shame if we all homogenised. They're so much prettier anyway.

eeja wrote: »

Sadly we are left with one Ozzie bank having the right to issue Scots notes as owner of the Clydesdale Bank ! Truly ironic.

Didn't the Clydesdale stop printing them a few years ago anyway?

missile

If things get much worse, Bank of England notes will be worth ....... almost as much as Icelandic bank notes / Bank of Nigeria or a.n.other banana republic.

ninja-lewis

omelette451 wrote: »

I certainly hope they do stay. One of my favourite pastimes is collecting them when in Scotland (also N Ireland too) and trying to confuse shop assistants with them back in England, and it would be a great shame if we all homogenised. They're so much prettier anyway.



Didn't the Clydesdale stop printing them a few years ago anyway?

No, in fact they're preparing a new set for release this year.

Doomcow

itsallagame wrote: »

Thank god,

mostly counterfeit anyway :j

yeah and the shop assistants in england wont take mines as it:

1) isnt legal tender
2) isnt Sterling
3) isnt a european currency (!!!!!!?)

and mostly counterfeit? sorry but i've had more counterfeit english notes than anything.

damianw

Doomcow wrote: »

yeah and the shop assistants in england wont take mines as it:

1) isnt legal tender
2) isnt Sterling
3) isnt a european currency (!!!!!!?)

and mostly counterfeit? sorry but i've had more counterfeit english notes than anything.

1) is irrelevant. See here towards the bottom. Somewhere on the BoE website there is a more detailed explanation of exactly what legal tender is, but I can't find it right now. However, it is up to the parties involved in making a transaction as to what form of payment is accepted and therefore businesses are entitled to refuse them. Even if they are widely accepted by banks. In fact, like all cash right now, its probably even more welcome!

2) Yes it is. I don't have one in front of me, but I'm sure they even say "Sterling" on them.

3) Scotland - now part of North America? China?

I've had them accepted by many places in England, but I have on occasion had to argue my case with people.

omelette451

The vast majority of places in England take them but sometimes it takes a little persuasion. It's always been funny to see the reaction, but it's happening less and less as more people seem to be aware of them nowadays.

I'm probably wrong about this but I've always believed the shop's rights extend only to refusing to serve you at all - in other words they can't say 'I'll only accept other notes'. But even if this isn't technically true I'd still always walk away and refuse to support xenophobic business practices. Maybe I'll make honorary Scotsman one day...

jem16

damianw wrote: »

2) Yes it is. I don't have one in front of me, but I'm sure they even say "Sterling" on them.

Yes they do say Sterling on them.

I'd rather have a Scottish note anyday - much more interesting than Bank of England notes.

If any shop in England doesn't want my notes I'll take my business elsewhere - their loss.