Money

[hippyhoppy]

this section seems to be the hub of answer bank so I take my chances...I was given a scottish �5 last night in the pub and only noticed this morning when reviewing the damage my finances occured during said evening out. Can I use this in England or have I been done?

[B00]

Yes you can use it- however if for some reason some places do get sniffy, take it to your bank ,they'll exchange it.

[raysparx1]

As B00 says nothing wrong with it,

[nuoyg]

Take a read of these two both say they can be spent in England - you should be ok:
http://www.siliconglen.com/Scotland/1_7.html

http://talentscotland.com/view_item.aspx?item_ id=2716&list_id=list1-203&list_index=9

[annie0000]

At one point, all banks were allowed to produce their own notes, this was removed from English banks as they could not be trusted! It was allowed to continue in Scotland and Ireland as they had proved themselves worthy.

[Pippa68]

As has been said, some places will accept it and some not! in fact the store I used to work in accepted Scottish notes..the only problem I had was getting customers to accept them in their change!

Legal tender is a strange concept, actually. Apparently just because certain currency is legal tender doesn't mean a store has to accept it.

There are some stores which accept euros, but most won't.

[Pippa68]

We had to accept euros, legend ~ we didn't have a POS conversion, we had to work it out ourselves, convert it into sterling then use the till that way. it was a right old palaver!

[Pippa68]

Courtesy of wikipedia:

Legal tender in England and Wales:

Bank of England notes are the only banknotes that are legal tender in England and Wales. United Kingdom coinage is legal tender, but in limited amounts for coins below �1.

Scottish and Northern Ireland banknotes, and Jersey, Guernsey, Manx and Gibraltar coinage and banknotes are not legal tender in England and Wales. However, they are not illegal under English law and creditors and traders may accept them if they so choose

[sense4all]

A lot of the shops in my area are funny as some swine offloaded a job lot of dodgy fives and twenties last summer, the local bank still exchanges them tho'.

[Pippa68]

Yep..funny how a shop keeper happily took my English �20 note in Scotland :o)

[spudqueen]

Scottish (or Isle of Man or Jersey or Guernsey) notes are not legal tender in England. Some shops will take them, but they are not legally obliged to do so. However, as has been pointed out, your bank will exchange it for you. And sorry, I don't see why a question for Business and Finance needs to be asked under Body and Soul. Just plain laziness.

[dzug]

Scottish notes are not actually legal tender (in the technical sense) in Scotland!! Always acceptable though.

And if you invoke 'legal tender' to persuade the shop to accept the note it can backfire. 'legal tender' has to be the exact amount. So they can accept it and refuse to give change.

[EverClean]

We own them. We can take it.