Plan to make Scottish banknotes Legal

by mudricky | January 21, 2009 at 04:45 am
1223 views | 44 Recommendations | 12 comments

Photos

New Scottish Banknotes £20 front

New Scottish Banknotes £20 front

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uploaded by mudricky

Shadow Scottish Secretary David Mundell is attempting to make Scottish banknotes legal in England and Wales.

Right now people can refuse to accept them.

Scottish banknotes are strange, they do not have legal status anywhere in the UK and if the bill is passed they will become legal in England and Wales but still not be legal in Scotland.

Scottish banks, the Royal Bank of Scotland, the Bank of Scotland and the Clydesdale Bank all issue Scottish banknotes.

Click here to see a similar story from me writing about the legal staus in the comments section





An attempt is to be made at Westminster to make it legally binding for shops and businesses in England to accept Scottish banknotes.

At the moment traders south of the border can refuse to take such notes.

A private member's bill is being launched in the Commons by Shadow Scottish Secretary David Mundell.

It would require all providers of goods or services in the UK which accept Bank of England notes to take Scottish banknotes on an equal basis.

In Scotland, three banks retain the right to print their own money - the Royal Bank of Scotland, the Bank of Scotland and the Clydesdale Bank.

These banknotes are not backed by the force of law anywhere in the UK.

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0
Amy Judd

It does seem so silly as Scotland is part of the United Kingdom - they are rather pretty as well.

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Sarathine

Scottish banknotes are definitely prettier. I back this.

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downwithgod777

downwithgod777 has contributed a photo to this story.

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Dave Keating

interesting news! I once had a shopkeeper refuse to take a Scottish note

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mudricky

I normally get a look of disgust. :)

It's only Manchester where I've never been knocked back for using Scottish cash.

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aberdeen_sandra

Discrimination at its worst, after all legal tender is legal tender.  It doesn't just affect us Scots when we go south, it gives visitors a headache trying to off-load the notes before they go home! 

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Darky1564

You have just missed the point - they are NOT legal tender!

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smallmanl

Can't we just eject Scotland from the Union, and they can keep their blasted notes?

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Mark Bermingham

Scottish notes are a part of Scotland's unique appeal to both its residents and visitors. Given the unique banking climate we are currently living in where the Westminster Government "owns" a significant proportion of a number of Scottish banks and hence shares the responsibility for their production it now seems illogical that they are not fully recognised in all parts of the Union as legal tender.

Mark Bermingham has contributed a photo to this story.

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Prestwick

This is a photo of when I first went to Scotland for University and set eyes on Scottish bank notes. They were a constant source of frustration when I came back home to England because I'd end up having arguments with London Underground who were loathe to take them!

Prestwick has contributed a photo to this story.

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158

I thought they were legal.

They should be.

But isn't most trade done in Euros now?


0
mudricky

Coins are legal tender all over the UK, Bank of England banks notes are legal tender in England and Wales, not in Scotland or Northern Ireland.

Scottish Bank notes have no legal status anywhere in the UK... so technically speaking, Scotland has no legal tender bank notes.

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Amy Judd
First Flagged at 10:35 AM, Jan 21, 2009 by Amy Judd
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