Claadehol Posted January 8, 2016 Report Share Posted January 8, 2016 On holiday in Australia at the moment, and just tried to change some Scottish 20's in the Commonwealth bank of Australia.Apparently they stopped accepting Scottish notes from the start of. this year. Oh well, no matter, back to the plastic, problem solved. But hey! why has this just happened? Is this the result of our SNP government, and its fervent desire for independence. Is this fear of instability in the country that has caused the bank to refuse Scottish currency? Is this the beginning of a worldwide loss of faith in the Scottish currency, and why has this just happened in Australia now? Quote Link to comment Share on other sites More sharing options...
fionajohn Posted January 8, 2016 Report Share Posted January 8, 2016 there was a bit on facebook which might be correct the uk gov. and the bank of england issued instructions to the world NOT to accept scottish bank notes this was after the reformendom Quote Link to comment Share on other sites More sharing options...
Capeesh Posted January 8, 2016 Report Share Posted January 8, 2016 On holiday in Australia at the moment, and just tried to change some Scottish 20's in the Commonwealth bank of Australia.Apparently they stopped accepting Scottish notes from the start of. this year. Oh well, no matter, back to the plastic, problem solved. But hey! why has this just happened? Is this the result of our SNP government, and its fervent desire for independence. Is this fear of instability in the country that has caused the bank to refuse Scottish currency? Is this the beginning of a worldwide loss of faith in the Scottish currency, and why has this just happened in Australia now?The Northern Irish have similar problems with their banknotes so it can't be the SNP's fault this time.The banks who issue Scottish and Northern Irish pounds are backed 100% by assets of the same value held in the Bank of England.Our currency is the UK currency there's no such thing as a Scottish or English currency the notes just have a different picture on it.Interestingly the Clydesdale Bank (one of the issuers of Scottish banknotes) is owned by the National Australia Bank, if your notes are Clydesdale bank notes maybe they'll change them. BigMouth and Acid 2 Quote Link to comment Share on other sites More sharing options...
Acid Posted January 8, 2016 Report Share Posted January 8, 2016 (edited) Clydesdale Bank is owned by an Australian Bank, iirc. 'Edited'(See Capeesh's post..) Anyway.. http://www.scotbanks.org.uk/legal_position.php Edited January 8, 2016 by Acid Quote Link to comment Share on other sites More sharing options...
MuckleJoannie Posted January 9, 2016 Report Share Posted January 9, 2016 Scottish bank notes are not even legal tender in Scotland. Quote Link to comment Share on other sites More sharing options...
Capeesh Posted January 9, 2016 Report Share Posted January 9, 2016 (edited) ^^^ According to Acid's link, Bank of England notes aren't legal tender in Scotlland either. How have we managed for all these centuries?Wasn't it a Scotsman who founded the Bank of England?Another Scotsman, (Adam Smith) was also the father of economics, yet we have difficulties with our banknotes. Edited January 9, 2016 by Capeesh Quote Link to comment Share on other sites More sharing options...
BGDDisco Posted January 9, 2016 Report Share Posted January 9, 2016 Googled 'Legal Tender' and found this web page from The Royal Mint. http://www.royalmint.com/aboutus/policies-and-guidelines/legal-tender-guidelines Which, somewhat disturbingly, states: "In England and Wales the £5, £10, £20 and £50 notes are legal tender for payment of any amount. However, they are not legal tender in Scotland and Northern Ireland." Could it be that only my plastic is "worth" anything? And beware Luddites and Bank-o-phobes with cash stuffed mattresses, it might as well be stuffed with Bitcoins or similar. Quote Link to comment Share on other sites More sharing options...
Urabug Posted January 9, 2016 Report Share Posted January 9, 2016 Will our Banks accept Australian dollars? Quote Link to comment Share on other sites More sharing options...
MuckleJoannie Posted January 9, 2016 Report Share Posted January 9, 2016 The Australian dollar is a hard currency that is readily accepted by banks, unlike the cuurencies from the countries listed in this document.http://www.photosynthesisresearch.org/resources/Theme/docs/ISPR_soft_currency_list.pdf Quote Link to comment Share on other sites More sharing options...
BigMouth Posted March 31, 2016 Report Share Posted March 31, 2016 When handing over an English banknote in Shetland I usually ask if it is worth more that the local (Scottish) currency. Well it makes me smile anyway. Quote Link to comment Share on other sites More sharing options...
Scorrie Posted March 31, 2016 Report Share Posted March 31, 2016 Still using wampum in some dark corners of Shetland...... Local currency for local people. Quote Link to comment Share on other sites More sharing options...
George. Posted March 31, 2016 Report Share Posted March 31, 2016 (edited) When handing over an English banknote in Shetland I usually ask if it is worth more that the local (Scottish) currency. Well it makes me smile anyway. I understand that English banknotes trade at around 75p to the pound around here at the moment. They're still overpriced, they always were before Edited March 31, 2016 by George. Quote Link to comment Share on other sites More sharing options...
Frances144 Posted March 31, 2016 Report Share Posted March 31, 2016 When I go to England, I specifically take Scottish notes just to wind folk up! (it is my idea of fun!) George. 1 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.