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Scottish ten pound note

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  • Don80
    Don80 Posts: 300 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    eDicky wrote: »
    I think the previous series of notes are still in circulation and accepted everywhere, they are just slowly withdrawn as they pass through banks until there's none left. Unlike in England where tyranny dictates that after a certain date the old series BoE notes are no longer acceptable.

    Hi - no they're not. You are right, if someone had one they might be able to spend it, but they'd be safer taking it to the bank. At the moment we're replacing old paper notes with new polymer ones. Unlike in England, there is no deadline to spend paper notes or bank them. The banks take them in, but stop issuing them, so shops stop getting them, and cash machines aren't issuing them. In time the only notes in circulation are the new ones. It works well, I've not had a paper £5 in ages, and rarely get a £10 these days.

    However, the Bank of Scotland notes you posted pictures of are really old and have not been in use for £10 years, see
    https://www.scotbanks.org.uk/banknotes/bank-of-scotland-test/tercentenery.html

    The current Bank of Scotland ones are:
    https://www.scotbanks.org.uk/polymer-banknotes.html
    https://www.scotbanks.org.uk/banknotes/bank-of-scotland.html
  • [Deleted User]
    [Deleted User] Posts: 7,175 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 22 November 2017 at 4:53PM
    I live in the north of England, the real north, not the Manchester Birmingham area you southerners call the "North" :D

    We get Scottish notes here regularly and it's mostly just the odd independent place that might twist their nose up at them. Any national retailer will take them no problem, especially those national retailers who also trade in Scotland.

    Obviously down in the deep south Scottish notes are probably seen as alien. :)

    And yes they will work in vending machines and self checkouts etc. They have the same machines both sides of the border.
  • molerat
    molerat Posts: 34,529 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 22 November 2017 at 5:01PM
    Don80 wrote: »
    Hi - no they're not. You are right, if someone had one they might be able to spend it, but they'd be safer taking it to the bank. At the moment we're replacing old paper notes with new polymer ones. Unlike in England, there is no deadline to spend paper notes or bank them. The banks take them in, but stop issuing them, so shops stop getting them, and cash machines aren't issuing them. In time the only notes in circulation are the new ones. It works well, I've not had a paper £5 in ages, and rarely get a £10 these days.

    However, the Bank of Scotland notes you posted pictures of are really old and have not been in use for £10 years, see
    https://www.scotbanks.org.uk/banknotes/bank-of-scotland-test/tercentenery.html

    The current Bank of Scotland ones are:
    https://www.scotbanks.org.uk/polymer-banknotes.html
    https://www.scotbanks.org.uk/banknotes/bank-of-scotland.html
    The paper £10 is being withdrawn in March at the same time as England. https://www.sundaypost.com/fp/scottish-paper-10-notes-withdrawn-date-bank-england/
  • IanManc
    IanManc Posts: 2,437 Forumite
    Part of the Furniture 1,000 Posts Photogenic Combo Breaker
    edited 22 November 2017 at 6:21PM
    Don80 wrote: »
    Virtually all notes here are Scottish notes, not being England we don't use, erm... Bank of England! BoE notes are only legal tender in England and Wales. We do see English £5 quite regularly.

    https://www.scotbanks.org.uk/polymer-banknotes.html
    https://www.scotbanks.org.uk/banknotes.html

    I travel to other parts of the UK regularly and for the last few years have had no problem using my Scottish money in England. One or two "look twice" but never refused.

    You're right, Bank of England notes are only legal tender in England and Wales, whereas Scottish notes aren't legal tender anywhere.

    The Bank of England explains on its website:

    What is legal tender?

    Legal tender has a very narrow and technical meaning, which relates to settling debts. It means that if you are in debt to someone then you can’t be sued for non-payment if you offer full payment of your debts in legal tender.
    What is classed as legal tender varies throughout the UK. In England and Wales, legal tender is Royal Mint coins and Bank of England notes. In Scotland and Northern Ireland only Royal Mint coins are legal tender. Throughout the UK, there are some restrictions when using the lower value coins as legal tender. For example, 1p and 2p coins only count as legal tender for any amount up to 20p.

    What is not legal tender?

    There are many acceptable payment methods which aren’t technically legal tender. This is why the term ‘legal tender’ has little use in ordinary everyday transactions.
    Most shops accept payment by debit or credit card, and some accept cheques and contactless payments. These are safe and convenient ways to pay, despite not being classed as legal tender.
    The same is true for Scottish and Northern Ireland banknotes. Seven banks in Scotland and Northern Ireland are authorised to issue banknotes.These notes make up the majority of banknotes in Scotland and Northern Ireland and legislation is in place to ensure that noteholders have a similar level of protection as they would for Bank of England notes. Despite this, Scottish and Northern Ireland banknotes are not classified as legal tender anywhere in the UK. Equally, Bank of England notes are not legal tender in Scotland and Northern Ireland.
  • GingerFurball_2
    GingerFurball_2 Posts: 990 Forumite
    Debt-free and Proud!
    edited 8 August 2024 at 1:41PM
    Hi,

    Scottish bank notes, for dummies.

    the £5, £10 and £20,

    scottish-bank-notes-d6cafx.jpg

    the £50,

    4eec01d168acbc4bb398846028a05134.jpg

    and most beautiful of all the £100.

    images?q=tbn:ANd9GcRtw5KPdIkBPXgwvl4VnOZBfr-v7V_w6h-QOZK91NlGnC_hPtwjCQ

    There are 3 banks in Scotland who issue their own notes,

    Clydesdale, Bank of Scotland and Royal Bank of Scotland.

    Only 1 of those notes (the RBS £20) is still in circulation.

    Those BoS notes were taken out of circulation years ago; the £5 and £10 notes have been replace by the new polymer notes.
    DEBT FREE!

    Debt free by Xmas 2014: £3555.67/£4805.67 (73.99%)
    Debt free by Xmas 2015: £1250/£1250 (100.00%)
  • eDicky
    eDicky Posts: 6,835 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    I still maintain that the old Scottish banknotes are still 'in circulation', there being no 'use by date' imposed on them as in the case of English notes when replaced by a new issue. This includes the transition to polymer Scottish notes, and no info on the links given so far says otherwise. Old notes are no longer issued or paid out by banks of course, but those remaining in use are still acceptable - there's no cutoff date imposed (so far).

    For the purpose of this thread, it means that you don't have to worry that a Scottish banknote might be no longer 'current' or negotiable if you are paid one, as somebody complained. Businesses are not required to stop accepting them and can always bank them.
    Evolution, not revolution
  • System
    System Posts: 178,340 Community Admin
    10,000 Posts Photogenic Name Dropper
    molerat wrote: »
    The paper £10 is being withdrawn in March at the same time as England. https://www.sundaypost.com/fp/scottish-paper-10-notes-withdrawn-date-bank-england/

    If you actually read your own article, you'll see that they are withdrawn from issuance - i.e. the ones currently in circulation are still valid. The BOE notes can't be spent after their withdrawal - unlike the Scottish ones.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • googler
    googler Posts: 16,103 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    FOREVER21 wrote: »
    I for one would not accept a Scottish note as I have no idea how to establish whether it was genuine.

    How would a Scottish shopkeeper know if an English note was genuine?
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