£50 notes not legal tender in retail stores?
£50 notes not legal tender in retail stores?
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chris watton

Original Poster:

22,551 posts

291 months

Monday 11th October 2010
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I went to get my wife a card and gift box from The Card Factory in Redditch today, and when offering the cashier a £50 note (all I had on me), she said "Sorry, we don't accept £50 notes - store rules". I was quite taken aback by this, and explained that the note was legal tender, and wern't they obliged to accept it. Seems not - girl got stroppy and said if I wanted to take it further, I'd have to speak to the manager! So I took my Visa card out - but was told I couldn't use that either, as the goods I wanted (and failed) to purchase just under £5!
So, I left and bought what I needed to from Clinton Cards instead. (Wasn't going to create a huge fuss for the sake of a card and wrapping)

I know a £50 note is overkill for a fiver's shopping, but I was still quite angry that my money wasn't deemd legal tender! (After spending a few years in Italy, we were used to shoppers handing over 100 and even 500 Euro notes for a bag of pasta!

the_ferret82

25,627 posts

215 months

Monday 11th October 2010
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saidly a lot of shops don't expect 50's as there has been a lot of fake ones made i belive.

Big Rod

6,265 posts

247 months

Monday 11th October 2010
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You should try spending Scottish notes in England!

Whether it's legal or not, because I commute of a weekend, I'm regularly stared at like I've got two heads.

I suspect it's for the same reason though, generally the larger notes are forged as most people aren''t familiar with them so it's just the store protecting themselves. There were a lot of Scottish notes forged a while ago and noone would accept them south of the border.

Shaw Tarse

31,904 posts

234 months

Monday 11th October 2010
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I can understand the reluctance to take a £50 note, but with the checks, "raised print" water marks & "wet ink" it should be OK

jas xjr

11,309 posts

270 months

Monday 11th October 2010
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We are a small retail business. We will accept £50 notes. We will even take payment by card for transactions for two or three pounds if it is the only way a customer can pay. Although in that instance we would explain that the floor limit is £5

We also accept Scottish notes

Edited by jas xjr on Monday 11th October 17:58

Jonny671

29,904 posts

220 months

Monday 11th October 2010
quotequote all
Shaw Tarse said:
I can understand the reluctance to take a £50 note, but with the checks, "raised print" water marks & "wet ink" it should be OK
We used to take them in the club I worked in, just had to give the colour a rub and the watermark, I sometimes get £50s as rent payment and usually spend them in Tescos as they take them.

You do get looked at weirdly though, as the area isn't the nicest where Tescos is and they're probably used to fakes.

Famous Graham

26,553 posts

256 months

Monday 11th October 2010
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A shop doesn't have to accept anything. You could proffer a bag of pound coins to buy a car and the garage could quite legally refuse the sale, despite pound coins being legal tender to any amount (other coins have limits - coppers are only up to 20p I believe).

Edited by Famous Graham on Monday 11th October 18:01

Ganglandboss

8,566 posts

234 months

Monday 11th October 2010
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'Legal tender' does not mean a retailer has to accept it as payment. It means a creditor cannot refuse it to settle a debt that is payable.

GTIR

24,741 posts

297 months

Monday 11th October 2010
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I stopped for a cuppa at a roadside cafe and the guy I was with offered £50 note for payment. You'd think by the reaction of the owner we'd offered him nude pictures of boys as payment!

"fk off mate, you takin the fkin piss?"

"No, are you?"

We walked off with our coffee's steaming away on the counter.

Nob.

paddyhasneeds

68,434 posts

241 months

Monday 11th October 2010
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To be fair, at a roadside cafe do you really expect the guy to whip out £48 in change whilst being left with a £50 that's absolutely no use to him for the whole of that day as he's stuck in a lay-by in the arse-end of nowhere?

pbirkett

20,642 posts

303 months

Monday 11th October 2010
quotequote all
Big Rod said:
You should try spending Scottish notes in England!

Whether it's legal or not, because I commute of a weekend, I'm regularly stared at like I've got two heads.

I suspect it's for the same reason though, generally the larger notes are forged as most people aren''t familiar with them so it's just the store protecting themselves. There were a lot of Scottish notes forged a while ago and noone would accept them south of the border.
Never, ever had a problem with spending scottish notes in england (or vice versa). Then again, I only live about 40 miles south of the border.

Engineer1

10,486 posts

240 months

Monday 11th October 2010
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£50 note to pay for a small amount screams scam, as it is a basic way of laundering iffy notes, after all all the change you get must be good, the £50 you give might not be.

carreauchompeur

18,334 posts

235 months

Monday 11th October 2010
quotequote all
GTIR said:
I stopped for a cuppa at a roadside cafe and the guy I was with offered £50 note for payment. You'd think by the reaction of the owner we'd offered him nude pictures of boys as payment!

"fk off mate, you takin the fkin piss?"

"No, are you?"

We walked off with our coffee's steaming away on the counter.

Nob.
You were taking the piss. HTH.

Plotloss

67,280 posts

301 months

Monday 11th October 2010
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Engineer1 said:
£50 note to pay for a small amount screams scam, as it is a basic way of laundering iffy notes, after all all the change you get must be good, the £50 you give might not be.
What if you've only got fifties?

How would you ever get change?


dilbert

7,741 posts

262 months

Monday 11th October 2010
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It's like anything slightly abnormal these days. It just smacks of terrorism.

Ten years time, and you'll only be able to spend pound coins. They'll give you change, if they've got it, but you won't be able to spend it. You'll have to take it back to the bank, to change into pound coins.

Because the shopkeepers won't accept change, they'll not then be able to accept pound coins, unless you're happy to let them have the change.

IIRC, there are more fake pound coins than £50's. Perhaps not 50 x though.

Shaw Tarse

31,904 posts

234 months

Monday 11th October 2010
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Which note gets most checks, £50 or £10?

chris watton

Original Poster:

22,551 posts

291 months

Monday 11th October 2010
quotequote all
Cheers, feel better knowing this happens a lot. I was just surprised - as I said, I was in Italy for a few years, and everyone used high value notes to buy the most basic of things - I guess it's just what we're used to, and is £50 really a huge sum?

chris watton

Original Poster:

22,551 posts

291 months

Monday 11th October 2010
quotequote all
Plotloss said:
Engineer1 said:
£50 note to pay for a small amount screams scam, as it is a basic way of laundering iffy notes, after all all the change you get must be good, the £50 you give might not be.
What if you've only got fifties?

How would you ever get change?
We had over 90 £50 notes earlier (just sold Italain plated car), but we put most of it in our bank account before shopping - hence the £50 I was 'allowed' to have...

GTIR

24,741 posts

297 months

Monday 11th October 2010
quotequote all
carreauchompeur said:
GTIR said:
I stopped for a cuppa at a roadside cafe and the guy I was with offered £50 note for payment. You'd think by the reaction of the owner we'd offered him nude pictures of boys as payment!

"fk off mate, you takin the fkin piss?"

"No, are you?"

We walked off with our coffee's steaming away on the counter.

Nob.
You were taking the piss. HTH.
My point being, which you missed, is his customer service/common sense was lacking in this instance. I did actually have change but his reaction was a little over the top tbh.

He was a miserable sod.

fadeaway

1,463 posts

257 months

Monday 11th October 2010
quotequote all
dilbert said:
It's like anything slightly abnormal these days. It just smacks of terrorism.

Ten years time, and you'll only be able to spend pound coins. They'll give you change, if they've got it, but you won't be able to spend it. You'll have to take it back to the bank, to change into pound coins.

Because the shopkeepers won't accept change, they'll not then be able to accept pound coins, unless you're happy to let them have the change.

IIRC, there are more fake pound coins than £50's. Perhaps not 50 x though.
It's not that, it's the size of the hit on the shop. If you pass them 5 dodgy pound coins they've lost 5 pounds. They take a bad 50, and they've taken an immediate £50 hit.