Can you exchange Scottish notes in England?

Scottish notes aren’t legal tender in England or Scotland. Debit cards, cheques and contactless aren’t legal tender anywhere. Confused? Let us help you out.

What do I do with old Scottish bank notes?

The Scottish note issuing banks will continue to accept old paper based notes and there are currently no plans to change this.” Issuing banks will continue to accept all Scottish notes from their own customers. These can be either deposited into their bank account or exchanged for polymer notes.

What Scottish bank notes are going out of circulation?

Bank of Scotland and Royal Bank of Scotland have also issued new polymer £50 notes. Both of these issuers, as well as Clydesdale Bank, will withdraw their paper £20 and £50 banknotes on the same date as the Bank of England, i.e September 30, 2022.

Will Lloyds bank accept Scottish notes?

Scottish notes are Pound Sterling, and if you’re a customer of ours, you’ll be able to deposit these in branch.

Do Morrisons accept Scottish notes?

Morrisons insisted that “unfortunately, it is no longer a requirement to accept Scottish or Northern Irish notes” but that “some of our stores still take them”. They said: “Our English stores should accept Scottish bank notes at their main bank checkouts and we apologise.

When did one pound notes go out of circulation in Scotland?

The bank ceased regular production of £1 notes in 2001; the denomination is still in circulation although rarely seen in cash transactions since about 2006.

Can you still take old notes to the Bank of Scotland?

Yes, as a Royal Bank of Scotland Bank customer you can swap, or deposit into your account, out of circulation coins/notes and replace them with new ones. You are unable to swap / deposit commemorative coins.

Are old notes still legal tender?

Yes, old £20 notes ares still legal tender. And you can continue to use these paper notes to make purchases at the moment. The old £20 notes will stay valid until the September 2022 expiry date given by the Bank of England.

Are old Bank of Scotland notes still valid?

Get paid fast for your unused currency from Scotland. In 2007, the Edinburgh-based Bank of Scotland replaced older style Scottish Pound Sterling bills with a new set of banknotes called The Bridges Series. Withdrawn Bank of Scotland notes are no longer a valid means of payment in Scotland or anywhere else in the UK.

Is paper 20 still valid Scotland?

If you use the £20 or £50 cash notes to purchase items, then be warned: in a year, the legal tender status will be withdrawn and you will no longer be able to use them.

Can you put Scottish money in my bank?

Issuing banks will still accept all Scottish money from customers after the deadline and paper notes may be replaced with plastic ones.

Do Mcdonalds accept Scottish notes?

The vast majority of McDonald’s UK restaurants accept Scottish banknotes.”

Are banks in Scotland allowed to issue banknotes?

The issuing of banknotes by retail banks in Scotland is subject to the Banking Act 2009, which repealed all earlier legislation under which banknote issuance was regulated, and the Scottish and Northern Ireland Banknote Regulations 2009.

Could Scottish notes soon be accepted in the UK?

As a result of this, there is nothing to force any business to accept Scottish notes in England. However, the rules could soon change as an MP has now lodged a bill in the House of Commons calling for banknotes from Scotland to be accepted throughout the UK.

What happened to the old Royal Bank of Scotland notes?

The previous series of Royal Bank of Scotland notes, originally issued in 1987, is in the process of being replaced by polymer notes: the Committee of Scottish Bankers encouraged the public to spend or exchange non-polymer five and ten pound notes before 1 March 2018, which have now been withdrawn from circulation.

Why is there a portrait of Sir Walter Scott on banknotes?

All Bank of Scotland notes bear a portrait of Sir Walter Scott on the front in commemoration of his 1826 Malachi Malagrowther campaign for Scottish banks to retain the right to issue their own notes. The Bank of Scotland’s 2007 series of banknotes is known as the Bridges of Scotland series.