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Old December 28th 11, 11:57 PM posted to nyc.transit,uk.transport.london
[email protected] hounslow3@yahoo.co.uk is offline
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Default coinage, was bus partitions

On 29/12/2011 00:19, Bruce wrote:
Jim [wake wrote:
Scottish banknotes have been at par for well over 40 years

[originally
they were discounted at sixpence in the pound] but even now many

smaller
shops don't accept them, probably because of unfamiliarity.



The more likely reason is that some of the banks in England will not
accept them. I believe that some banks won't accept them at all because
they are not considered legal tender.


Really? My bank accepts them at least for deposit.

My bank will also accept notes from Northern Ireland, the Isle of Man
and the Channel Islands. It won't accept any notes from Gibraltar, St.
Helena, Ascension, Tristan da Cunha and the Falkland Islands, however.

Most won't take them unless they are bundled separately from notes
issued by the Bank of England


That makes sense, though my bank does not charge retail customers.

Personal (as distinct from business) customers may find that their bank
will accept Scottish notes out of goodwill, but the best way to get rid
of them is to take them to a Post Office. You may get a less than
enthusiastic reception, because accounting for Scottish notes has to be
done separately and is something of a chore, but all Post Offices are
expected to take them.


Interesting to know.