Scottish notes


Nowt wrong with Scottish notes. However as I discovered not so long ago, some places reserve the right to refuse the notes.
I'm not quite sure why considering they, that is to say all notes, aren't physically £5, but a promise to pay the bearer £5 from the bank.

Twats trick to refuse it IMHO
You get 25% less for a Scots note in the Far East. As a poster states monopoly money
 
Loads of petrol stations have signs up these days saying they don't accept them because they're easily forged

That's bullshit mind. Staff being less familiar means they may be swindled easier though.
As many features as the English ones - what they really mean is the staff are too easily fooled.

This.

Seen a few places up here refusing English customers because they are more likely to be carrying and using fake notes.

(I made that bit up)
 
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Scottish notes are 'legal notes' but not 'legal tender' hence they can be refused by businesses.

mmm... so here's a comment on the issue from the Bank of England.

"
You might have heard someone in a shop say: “But it’s legal tender!”. Most people think it means the shop has to accept the payment form. But that’s not the case.

A shop owner can choose what payment they accept. If you want to pay for a pack of gum with a £50 note, it’s perfectly legal to turn you down. Likewise for all other banknotes, it’s a matter of discretion. If your local corner shop decided to only accept payments in Pokémon cards that would be within their right too. But they’d probably lose customers.

Legal tender has a narrow technical meaning which has no use in everyday life. It means that if you offer to fully pay off a debt to someone in legal tender, they can’t sue you for failing to repay.
 
mmm... so here's a comment on the issue from the Bank of England.

"
You might have heard someone in a shop say: “But it’s legal tender!”. Most people think it means the shop has to accept the payment form. But that’s not the case.

A shop owner can choose what payment they accept. If you want to pay for a pack of gum with a £50 note, it’s perfectly legal to turn you down. Likewise for all other banknotes, it’s a matter of discretion. If your local corner shop decided to only accept payments in Pokémon cards that would be within their right too. But they’d probably lose customers.

Legal tender has a narrow technical meaning which has no use in everyday life. It means that if you offer to fully pay off a debt to someone in legal tender, they can’t sue you for failing to repay.
Interesting, especially that last paragraph.
 
Scottish notes are 'legal notes' but not 'legal tender' hence they can be refused by businesses.

"Legal tender" is a much misunderstood term and doesn't relate to whether a business should accept them. Scottish notes aren't even legal tender in Scotland.

 
Scottish bank notes are not legal tender

"Legal tender" is a much misunderstood term and doesn't relate to whether a business should accept them. Scottish notes aren't even legal tender in Scotland.


Snap
 
Many years ago, my parents were on holiday in Yugoslavia and had to loan some money to a Scottish couple they had met as the local currency exchange shops would not take their Scottish banknotes - they simply didn't recognise them as Sterling.

Don't know if that still happens nowadays.
 

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