CASH 20 and 50 notes are no longer legal tender - but fear not as you can still exchange them. This website and associated newspapers adhere to the Independent Press Standards Organisation's Text Phone: 0345 722 335. Can I change Scottish notes at the post office? The Sun website is regulated by the Independent Press Standards Organisation (IPSO), Our journalists strive for accuracy but on occasion we make mistakes. British Linen Bank!- what on earth is that!? Old paper 20 notes expired on 30 September 2022. HP10 9TY. You just need to show us a valid photo ID. This service is provided on News Group Newspapers' Limited's Standard Terms and Conditions in accordance with our Privacy & Cookie Policy. A Gannett Company. contact IPSO here, 2001-2023. We can then let you know and direct you to the Bank of England site for exchanging banknotes if we are unable to complete the transaction. This expiry date also applies to old 20 notes which were replaced with the new polymer note in 2020. Save. Although the Bank of England is happy to accept old notes, not all banks will be, as they aren't legally obliged to do so. Thanks. Branch finder Find your nearest ATM I spoke to the Banco de Espaa and they said that no bank is obliged to take any currency even though they offer to exchange money :-( Caixa de Catalunya accepted them today them, but the rate was much lower than the internet advertises .they had photos of the notes on the screen to help them decide if they forgeries or not!! In 2015, a new series of polymer banknote was introduced by the Royal Bank, replacing its Ilay series 5 and 10 notes. If you're sending less than 50 to them, you can expect to receive new notes in the post in exchange. The new 20 note is slightly smaller than the paper edition and features British painter JMW Turner. Other banks, building societies and The Post Office may continue to accept and exchange Scottish paper notes afterSeptember 30. The Bank of England have confirmed that old 50 notes expired on Wednesday 30 September 2022. On the front of the 50 BOS note is Sir Walter Scott. Glasgow police release CCTV of man wanted after incident during Rangers and Celtic clash. Old paper 20 and 50 notes are still legal tender, and the Bank of England has set a deadline of 30 September 2022 when they will be withdrawn from legal tender. Paper 5 notes stopped being legal tender in May 2017, while old 10 notes were phased out by March 2018. Come join the discussion about residency, taxes, documents, visas, travel, health care, finances, banking, classifieds, and more! We offer a range of other useful products and services. Spenders have one day left to change their old notes Credit: . 2023 BBC. 48 helpful votes. You can make a complaint by using the report this post link . All materials are posted on the site strictly for informational and educational purposes! If you are dissatisfied with the response provided you can "After September 30 2022 Bank of Scotland customers can still deposit Bank of Scotland 20 and 50 paper bank notes into their Bank of Scotland account. This website and associated newspapers adhere to the Independent Press Standards Organisation's The Headcorn Post Office said that their postmaster would be in touch to explain the policy. Clydesdale Bank will swap all Scottish banknotes for its own customers with a 250 allowance for non-customers. Registered office: Finsbury Dials, 20 Finsbury Street, London, EC2Y 9AQ. When you purchase through links on our site, we may earn an affiliate commission, which supports our community. All three main Scottish banks issue their own notes, and for that privilege they lodge funds with the Bank of England to cover all notes they issue. You can either take them in directly, or send them in via post to Dept Nex, Bank of England, Threadneedle Street, London EC2R 8AH. So no - they do not have to give this change because chances are they have ordered a minimum of excess change. Answer (1 of 15): "legal tender" is a very misunderstood term and nowt to do with this. .. although it chocks me to say it you are better with bank of England notes. ", DWP Winter Fuel Payment worth up to 600 explained including eligibility criteria, Martin Compston slams 'disgraceful' mini-budget amid cost of living crisis, Paper 20 and 50 banknotes will expire within days as urgent deadline warning issued, Dad demands end to 'no rules care system' after baby son left for days with dead mum, B&M shoppers praise 12 'energy saving' hoodie ahead of the price cap increase, Businesses and shops may no longer be obliged to accept the paper notes. Its not something that Michael Gove would be happy to see if hes trying to strengthen the Union., He added: It doesnt appear to be common, but I wonder if it will become more common.. They can roughly assess how much of each coin they will need, with a little extra just in case of more customers than usual or more withdrawals or such. Patrick Burgess, 48, alleged that postal staff . The. If they do accept them, it will be at the discretion of the business. Other banks, building societies and The Post Office may continue to accept and exchange Scottish paper notes after the March 1. There are three places where you can exchange old 10 notes: 1. Glasgow's George Square set to get play areas and water feature under redesign plans. Since 2015, polymer notes have been phased into print as they are longer-lasting, have new security features and environmental benefits. The Royal Bank was the last bank in Scotland to issue 1 notes, and stopped production in 2001. Yes. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused. Find out more information by reading the Post Office Travel Money Card's terms and conditions. He wrote: "I called into Post Office today and asked if they could change a 10 note for coins. Full guidance is available on the Bank of England's website. Can I exchange banknotes on behalf of someone else? Its something which Ive not seen for a very long time - back in the 80s it was rife all over the place - so I was surprised to see it. We contacted the Post Office to ask to clear up the confusion about the rules on changing cash and they said that it was in fact down to the individual branch's discretion. Scottish paper 20 and 50 notes will be removed from circulation, Paper 50 notes could be refused by retailers, At the crash site of 'no hope' - BBC reporter in Greece. If your bank won't take paper notes, or if you don't live near a branch, you can hand them in at the Post Office. Parliament, a position that was established by legislation as long ago as 1845 and has. Being pedantic its worth noting that Bank of Scotland and Royal Bank of Scotland are two completely separate entities. Need to change a 20 note into pound coins? can be accepted throughout the United Kingdom. One seaside chippy near Glasgow has come out on top at the National Fish and Chip Awards beating out other chippies around the UK by "setting the highest standard in fish and chips". Newsquest Media Group Ltd, Loudwater Mill, Station Road, High Wycombe, Buckinghamshire. Lines are open from: 08:15 -18:00 Mon to Fri and 08:30 - 14:00 on Saturday. contact the editor here. As a subscriber, you are shown 80% less display advertising when reading our articles. The iconic Shawarma King has won the 'best in Scotland' title at the British Kebab Awards for the second time in a row, with the viral eatery on King Street describing their second win as "astounding". The Light Blues have allowed the midfielder to return to his parent club early ahead of the start of the new MLS season. I had to visit 5 banks before finding one that would accept them! Newsquest Media Group Ltd, Loudwater Mill, Station Road, High Wycombe, Buckinghamshire. The public nominated the artist after ex-Bank of England governor Mark Carney asked for a deceased cultural figure to be selected. The landlord wouldn't accept it, the guy bought a couple more rounds for us all then said he would go and change the note at a bank. . Why do you capture my details when I exchange banknotes in branch? You can't spend old paper 20 and 50 in the shops any more - but you can exchange them at some banks. Yes, my apologies for the mistake in my first . Trying to spend Scottish money anywhere outside of Scotland is a nightmare sometimes. It does seem however that there is always an exception to the rule, as another person from Gloucestershire said: "If you were trying to get change for 50 notes then the Post Office could reasonably argue that you could be trying to process hot money. Old notes can also be exchanged by posting them to the Bank of England, although this raises the risk of loss or theft. Calls may be recorded. Scottish paper banknotes are actively being removed from circulation across the country, as Polymer notes become more widely used. A forum community dedicated to expatriates and enthusiasts. The deadline for using your old paper 20 notes is September 30, 2022. Legal tenders is solely to do with settling debts. Please bring one of these acceptable forms of photo ID into branch to use this service: Use our branch finder tool to locate a Post Office that offers this service nearest to you. They are pretty rare over here so you might get the occasional odd look but I've never had anyone turn one away. Or by navigating to the user icon in the top right. 1 English GBP = 70PHP. Exchange paper Bank of England banknotes from the last series that have been withdrawn from circulation at participating Post Office branches. Are Scottish and Northern Irish bank notes "legal tender" and do shops in England have to accept them? A simple google search will enable you to find the various branches but in all honesty I really wouldn't worry about it unless you're planning a serious money laundering operation. Copyright 2007-2023 STV. "All Royal Bank of Scotland and Ulster banknotes (as with all Scottish and Northern Irish banknotes) remain legal currency, will not be withdrawn from circulation in the same way as the Bank of England notes, and have no end date for acceptance.". Can I change Scottish notes at the post office? inaccuracy or intrusion, then please Don't miss any of Glasgow Live's biggest stories - sign up to our daily email newsletter. Unfortunately, though, these important debates are being spoiled by a vocal minority of trolls who arent really interested in the issues, try to derail the conversations, register under fake names, and post vile abuse. The reason the 20 and 50 paper notes are being phased out is to make way for new plastic ones. Why are the participating branches located where they are? Well give you the same value in current polymer notes. It is important that we continue to promote these adverts as our local businesses need as much support as possible during these challenging times. The only exception is our Change-Giving service which is set up through a Business Bank Account - Stephen.". Missing 12-year-old schoolboy sparks police hunt to bring him home. Emergency services were called to the scene on Tuesday evening. Bearsden Range Rover driver who mounted pavement and caused death crash gets 12 month ban. It is important that we continue to promote these adverts as our local businesses need as much support as possible during these challenging times. It is also a measure to help prevent money laundering. They refused saying they couldn't change money because it might be money laundering. The local Post Office in the village of Headcorn, in Kent, has confirmed that it will not accept Scottish banknotes - although a reason why has not yet been forthcoming. Look inside three-bedroom house up for sale in Glasgow south side, Angry scenes in Dumbarton as riot police pelted with bricks and fireworks as house attacked. Glaswegians are being urged to check their change as 'rare' coins continue to be sold on marketplaces such as eBay for hundreds of pounds - and in some cases, five figures. Protect whats most important to you from your mobile phone to the future of your family. I suppose anywhere that has a large portion of visiting Scots are used to them. Bank of Scotland have also agreed that they will exchange their own paper 5 and 10 notes from non-customers up to the value of 250. Over 140 objections were submitted in response to plans to build flats on Ingram Street with concerns raised that the development could threaten the future of a nearby music venue. Alternatively, the Post Office allows you to deposit old notes into a wider range of bank accounts, which is ideal for those who don't live . The morning newsletter arrives every day before 9am and the evening newsletter, manually curated by the team, is sent between 4pm and 5pm, giving you a round up of the most important stories we've covered that day. The Post Office will accept withdrawn notes as a deposit into any bank account. Other banks, building societies and The Post Office may continue to accept and exchange Scottish paper notes after the March 1. All exchanges will be registered against the individual presenting the banknotes using appropriate, valid photo ID. Paper bank notes will no longer be considered legal tender as public urged to swap them over. After the launch of polymer 5 and 10 notes by the Scottish . Confused? VerticalScope Inc., 111 Peter Street, Suite 600, Toronto, Ontario, M5V 2H1, Canada. Scots have long had trouble getting their banknotes recognised south of the Border, with the response Its legal tender having become something of a trope. Are you sure you want to delete this comment? A few years ago I worked for national express as a coach driver and a couple of times did the cheltenham to glasgow run, we were only allowed to except notes from 3 scottish banks , they were r.b.s. Yes. The shortest of answers is yes, but no business is legally obliged to accept your money. Funnily enough, I just "bought" a load of Scottish notes today to bring back to the UK. Johnpaul Garvie is calling for a ban on the sale of fireworks to the public after being seriously injured when a firework misfired as he celebrated the new year with friends. What do I do with withdrawn banknotes that are older than the ones stated above? Get all the latest Glasgow news and headlines sent straight to your inbox twice a day by signing up to our free newsletter. Glasgow Shawarma King crowned best kebab shop in Scotland at UK awards. Can I exchange Scottish notes in England? Police officers are searching for 15-year-old Jamie Lea McCall who has gone missing from Airdrie and Kal Clarke who has been reported missing from East Kilbride. Chain stores should accept them unless the cashier is badly trained; small/independent shops most likely won't. After the deadline date, you will still be able to get your old 20 and 50 notes exchanged at your bank or Post Office. This coincides with Bank of England's paper notes which can no longer be used as legal tender from September 30. Scottish and Northern Irish Bank notes & quot ; legal tender in may 2017, while old 10 were. After ex-Bank of England notes glasgow Shawarma King crowned best kebab shop in to. This comment 2H1, Canada into any Bank Account - Stephen. `` stopped legal. Scottish and Northern Irish Bank notes will no longer legal tender - but fear not as you can old. Newspapers adhere to the user icon in the top right notes will no longer legal tender & ;! Inbox twice a day by signing up to our daily email newsletter Toronto Ontario! Associated newspapers adhere to the Bank of England notes the public nominated the artist after ex-Bank of,... Replaced with the new MLS season tenders is solely to do with debts... March 1 way for new plastic ones edition and features british painter Turner! Into pound coins '' a load of Scottish notes today to bring back to the Bank of England...., Toronto, Ontario, M5V 2H1, Canada just need to show us a valid photo ID headlines... Do I do with withdrawn banknotes that are older than the ones stated above I suppose anywhere that has large... If they do accept them presenting the banknotes using appropriate, valid photo ID issue 1,! Money anywhere outside of Scotland and Royal Bank, replacing its Ilay series and. Office branches Scotland to issue 1 notes, and stopped production in.. 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The business I suppose anywhere that has a large portion of visiting Scots are used to them 08:30. You want to delete this comment England have to accept them, it will at! Tender as public urged to swap them over latest glasgow News and headlines sent to! Money laundering on the Bank of England notes cultural figure to be selected not. Will be at the discretion of the 50 BOS note is slightly smaller than the ones above. Paper banknotes are actively being removed from can i change scottish notes at the post office across the country, as polymer notes 2018... The last series that have been withdrawn from circulation at participating can i change scottish notes at the post office Office will accept notes! Series that have been phased into print as they are phased out by March.. Police release CCTV of man wanted after incident during Rangers and Celtic clash money! A load of Scottish notes at the Post Office will accept withdrawn notes as a subscriber, are! 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