Scottish money in England...
Discussion
I had an interesting chat with a chap in Singapore about this once. I was trying to change about £100 of Scottish notes into Singaporean dollars and the Scottish money wasn't accepted. The guy behind the desk said it is because they are worth less than an English pound. To this day i've not given it much thought. But is this true or was I being mucked about? He was very very convincing.
mouseymousey said:
IforB said:
He was talking guff obviously.
Not obvious at all, see my earlier post about different exchange rates in a hotel.I seem recall a hotel getting a bollicking from Amex, something to do with exchange rate for Scottish/English notes a couple of years ago.
So why doesn't the UK simply adopt a single UK currency? Wouldn't that make much more sense? After all, this is how it's done in other countries. Go to any state in America and the money is all the same.
In the US, we're quite familiar with the term "Legal Tender". On the front of all out money appears the message "This note is legal tender for all debts, public and private." Or is this just another example of an Americanism corrupting the "purity" of the Queen's English?
Cheers,
Madman of the People
In the US, we're quite familiar with the term "Legal Tender". On the front of all out money appears the message "This note is legal tender for all debts, public and private." Or is this just another example of an Americanism corrupting the "purity" of the Queen's English?
Cheers,
Madman of the People
Edited by MadmanO/T People on Tuesday 11th August 05:16
ellroy said:
Eric Mc said:
Try getting rid of a Northern Ireland note!!!
true enough, although i find a national chain of Irish bars are more than willing to help me in this regard though, very generous of them to be this charitable!MadmanO/T People said:
Wouldn't that make much more sense?
We are speaking about Britain here mate? we can't even spell sense let alone make use of it , Anyway this thread should be renamed English money in Scotland, as it isn't legal tender.......up in Scotland.We (The British) can't even agree that our traffic laws are the same between Scotland and England either.
DrTre said:
Vipers said:
Anyway this thread should be renamed English money in Scotland, as it isn't legal tender.......up in Scotland.
At the very real risk of repeating myself: Not really...Scottish notes aren't "legal tender" anywhere in the UK. Even Scotland. Edited by Vipers on Tuesday 11th August 09:13
MadmanO/T People said:
So why doesn't the UK simply adopt a single UK currency?
There is already a single UK currency: the pound sterling. All UK coins and banknotes are pound sterling.I guess what you mean is "why doesn't the UK use a standard design of banknote?" The answer is, I suspect, partly to do with tradition. If we did switch to a single banknote design, then the most likely design to switch to is the Bank of England one, and lots of Scots and Northern Irish would no doubt dislike that. Whatever design we switched to, whether an existing one or a new one, it would entail extra expense to the public.
However, I think the main reason is pragmatic: "if it ain't broke, don't fix it". Despite the fact that some businesses and individuals won't accept Scottish and Northern Irish banknotes, it's just not enough of a problem to be worth changing.
As pointed out earlier in this thread, 'legal tender' has only a very narrow legal meaning, and doesn't necessarily reflect whether coins or notes will be accepted as payment.
Scottish banknotes aren't legal tender anywhere, yet are accepted as payment in Scotland. In Zimbabwe, the Zimbabwe Dollar is legal tender, but the US Dollar, amongst others, is accepted as a method of payment.
SamHH said:
MadmanO/T People said:
So why doesn't the UK simply adopt a single UK currency?
There is already a single UK currency: the pound sterling. All UK coins and banknotes are pound sterling.I guess what you mean is "why doesn't the UK use a standard design of banknote?" The answer is, I suspect, partly to do with tradition. If we did switch to a single banknote design, then the most likely design to switch to is the Bank of England one, and lots of Scots and Northern Irish would no doubt dislike that. Whatever design we switched to, whether an existing one or a new one, it would entail extra expense to the public.
However, I think the main reason is pragmatic: "if it ain't broke, don't fix it". Despite the fact that some businesses and individuals won't accept Scottish and Northern Irish banknotes, it's just not enough of a problem to be worth changing.
As pointed out earlier in this thread, 'legal tender' has only a very narrow legal meaning, and doesn't necessarily reflect whether coins or notes will be accepted as payment.
Scottish banknotes aren't legal tender anywhere, yet are accepted as payment in Scotland. In Zimbabwe, the Zimbabwe Dollar is legal tender, but the US Dollar, amongst others, is accepted as a method of payment.
Vipers said:
Los Palmas 7 said:
nonuts said:
Isle of Man money is the only one I ever had an issue with... will remember to spend it all before leaving next year.
Following a "business trip" to the IOM whilst in the RAF, I kept one of their pound notes in my wallet for ages. It was somehow interwoven with plastic or something that made it untearable. Cool.Gassing Station | The Lounge | Top of Page | What's New | My Stuff