It should have been a safe space for informed debate, somewhere for readers to discuss issues around the biggest stories of the day, but all too often the below the line comments on most websites have become bogged down by off-topic discussions and abuse. Can I pay with a Pavarotti in the UK? These banknotes are used as a means of payment in Scotland but they are not legal tender in other parts of the United Kingdom. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. This will come just over a year since the new 50 polymer notes . Pounds and Pence. 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View our online Press Pack. The Santander press office operates from 8.00am to 6.00pm. The Association of Commercial Banknote Issuers states: "The term 'legal tender' has very little practical meaning as far as ordinary, everyday transactions are concerned, and it has no bearing on the acceptability of authorised banknotes as a means of payment " Crucially, it adds: "The acceptability of any means of payment, including banknotes, is essentially a matter for agreement between the parties involved.". A fourth bank in Northern Ireland, First Trust Bank (now known as AIB), also has its own notes but plans to stop issuing them from 30 June 2020. does santander accept scottish notes. It comes as Bank of England phases out its own 20 and 50 paper notes. santander redemption statement solicitors contact number santander redemption statement solicitors contact number (No Ratings Yet) . They're high street banks so are printing notes on behalf of their own bank, whereas the Bank of England's notes are printed on behalf of the whole of the UK. Scottish paper notes will continue to be accepted according to the Committee of Scottish Bankers, reports the Daily Record. The Post Office will deposit old Scottish paper notes into your bank account, which you can then withdraw. You Can Consult The EU Air Safety List. Despite competition, cost is fairly high. Notes are available in 5, 10, 20, and 50 pound denominations, and each one has its own distinct color. Non-customers can exchange their banknotes at the respective issuing bank up to a limit of 250. Bank of Scotland have said that customers can deposit their paper notes as normal after the deadline. Its purpose is to help people and businesses prosper in a simple, personal and fair way. There are now less than four weeks left until all Scottish paper 5 and 10 notes are withdrawn from circulation. I've travelled all over the UK and have only twice have I been refused payment with Scottish banknotes. Transfer money between your Santander accounts. I've never had any problems in Birmingham when I come back from visiting family in Scotland using Scottish notes. Heres what the Bank of England says: Shops are not obliged to accept legal tender. In England and Wales, Royal Mint coins and Bank of England notes are legal tender. Technology means that readers can shape a discussion. Climate | Electrical Standards and Measurement Systems, Transport for London (taxis and minicabs), United States Federal Aviation Administration (FAA), Driver and Vehicle Licensing Agency's website. But you can legally pay for things with it. Trivia fans may like the following: by law, authorised banks are required to hold backing assets for their notes at all times, which can be done in the form of special Bank of England notes amounts can range up to 1m notes (Giants) and 100m notes (Titans). However, most shops in England will accept them. Have fun. On 20 February, the launch date of the polymer 20, Santander will carry stock of the new note at 12 branches: Birmingham, Bradford Nelson Street, Cardiff, Leeds, Leicester, Liverpool Lord Street, London Triton Square, Tottenham Court Road, Moorgate, Margate, Milton Keynes and Newcastle1. Read about our approach to external linking. Additional bank notes issued by Scottish banks (including 1 GBP notes) are legal tender in all parts of the UK, but may not be accepted for exchange outside the UK. Programs: BA Silver, IHG Gold, Hilton Gold, Hertz 5*, Avis Preferred Plus, Amex Plat. The old-style of physical bank notes, made from paper and not plastic, will no longer be usable from 30 September 2022, according to the Bank of England. Debit and credit cards are not classed as legal tender. Report It to Us. More on that later You are protected, and you can swap them at your bank if no one accepts them. From 30 September 2022, England's paper 20 and 50 banknotes will no longer be accepted as legal tender. - Ends - The information contained in our press releases is intended solely for journalists and should not be used by consumers to make financial decisions. Privacy Policy. Type your thread title into the search box. Safer Internet Day: Top tips for when you're online, Rescue services helping as big quake hits Turkey and Syria, We speak to Junior Bake Off champion about winning the show. If Santander have declined your mortgage application or you think there's a good chance they're about to, here are the steps to take to keep your home-buying plans intact. That slightly surprising answer comes from the very esoteric definition of exactly what "legal tender" means in the law of England and Wales. In Scotland three banks print their own notes: Bank of Scotland, Royal Bank of Scotland and Clydesdale Bank. In cities, due to traffic congestion, the use of public transport (Underground or buses) is recommended. Temporary tender. Likewise for all other banknotes its a matter of discretion.. Readers comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. We look at the rules you need to know when it comes to your cash. Those ads you do see are predominantly from local businesses promoting local services. Nobody (apart from the issuing bank) is required to accept Scottish notes, they are not legal tender even in Scotland. Spenders have one day left to change their old notes, Independent Press Standards Organisation (IPSO). There are guest houses and bed & breakfast facilities throughout the country. UK table manners are similar to European table manners. First Trust Bank/AIB plan to stop issuing their own notes this summer. Santander will continue to accept the cotton 20 notes across its branches. 1 Full list of Santander branches that will stock the new 20 note on 20 February: 129-131 High Street, Newcastle upon Tyne, NE3 1HG. The notes are also legal currency and are approved by the UK Parliament, however, Scottish banknotes are often refused at the discrepancy of the business. For more information, please see our Metric, except for roads where distances, speeds and size restrictions are still signed in. I have never come across a Nationwide ATM in Scotland that dispenses English notes, if Scotsman4th has found one that does I think it will be an exception. Londoners are pretty used to Scottish notes; presenting them in rarely-visited parts of the south can cause raised eyebrows, but it is still rare. I've never had any problems spending Scottish money in England, but i have had problems spending Northern Irish money here , when both are as legal as each other. In Scotland, by 1914, national commercial banks had been producing and using their own banknotes for over 200 years. Three banks in Scotland are authorised to issue notes: Bank of Scotland, Clydesdale Bank and Royal Bank of Scotland. Withdraw cash. can be accepted throughout the United Kingdom. HSBC will probably exchange them for you for free, but most people will accept them without any comment. I've had Scottish notes in my change too - never bothered me. For detailed information, see, International telephone standards GSM 900 and GSM1800. Scottish notes aren't even legal tender in Scotland, they're legal currency which is different. Maybe I'll use it in the train ticket machine instead. Report inappropriate content GEJP Level Contributor 4,446 posts Santander is building a more responsible bank and has made a number of commitments to support this objective, including raising over 120 billion in green financing between 2019 and 2025, as well as financially empowering more than 10 million people over the same period. But it doesnt mean they will be. Beware, if you take your money, bagged up, into one of the traditional banks (Barclays, Lloyds, NatWest etc) they will not blink an eye BUT if you take it into a bank that used to be a building society (eg Halifax, Santander etc) there may very well be a limit - quite small, 3 bags, 5 bags. es, you can but it doesn't legally have to be accepted. If both parties are in agreement, Scottish and Northern Ireland banknotes can be used in England and Wales.. Write by: It's a tradition that goes back hundreds of years and is often seen as an important part of national identity. 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