23 Dec 05
My Virtual lawyer says;
LEGAL TENDER
“The concept of legal tender is often misunderstood. Contrary to popular opinion, legal tender is not a means of payment that must be accepted by the parties to a transaction, but rather a legally defined means of payment that should not be refused by a creditor in satisfaction of a debt. This makes legal tender a rather narrow legal concept that has little to do with the way in which most payments are made. In practice, people are often willing to accept payment by cheque, standing order, debit or credit card – in fact by any instrument that they are confident will deliver value.” (Bank of England, March 2003)
http://www.scottish.parliament.uk/business/research/briefings-03/sb03-51.pdf
23 Dec 05
Originally posted by geniusYou want to be careful about scottish £20 pound notes in the londis in newport they don't accept them there. They think they are fake ones going round so be carful there.
are these valid outside of Scotland? i was always under the impression that they were, but upon reading wikipedia* i discovered that they, apparently, are not. however, wikipedia is not exactly the last authority on anything (although it can be rather useful for helping you to study for exams on quantum phenomena...). does anyone know the *truth*, if, indeed, ...[text shortened]... and on wikipedia...don't be silly, what were you thinking? that i have exams to study for? meh!
But then again chances are you will never go to newport,essex.
23 Dec 05
Originally posted by Will EverittSo you got your avatar working - but still no profile picture... You can put one in (if you wish) by uploading an image (150 x 100 max) and putting the URL in the relevant box in "My Profile" page.
You want to be careful about scottish £20 pound notes in the londis in newport they don't accept them there. They think they are fake ones going round so be carful there.
But then again chances are you will never go to newport,essex.
I recommend you do as I do and chose a chimp or similar primate.
23 Dec 05
Originally posted by dottewellThere we are one is up, not of a chimp but of a "similar primate" aka me.
So you got your avatar working - but still no profile picture... You can put one in (if you wish) by uploading an image (150 x 100 max) and putting the URL in the relevant box in "My Profile" page.
I recommend you do as I do and chose a chimp or similar primate.
23 Dec 05
Originally posted by VargAs others have said - no-one is obliged to accept anything you offer as means of payment.
If shops in England won't accept Scottish notes, tell them to go to hell because they are legally obliged to.
Larger shops always do, in my experience, it's just corner shops and the like that don't.
Do you have pound notes in Scotland?
I miss those.
The good thing about scottish notes is that I used to get scottish £1 notes from relatives for Xmas after BoE had abolished them, which meant I could reasonably expect to get change for a fiver when I spent them in the local newsagents 🙂
Interesting (not) fact - you can write a cheque on anything so long as it holds all the info a cheque needs (and the merchant is willing to accept it). The chequebook issued by your bank is merely for convenience.
23 Dec 05
Originally posted by rhbI find Scottish £1 notes were always good value in English pubs - very often you got change of £5. I think the Royal Bank ones were the best, as they have a bit of blue clour about them, as opposed to the standard green.
As others have said - no-one is obliged to accept anything you offer as means of payment.
The good thing about scottish notes is that I used to get scottish £1 notes from relatives for Xmas after BoE had abolished them, which meant I could reasonably expect to get change for a fiver when I spent them in the local newsagents 🙂
Interesting (not) fact - you ...[text shortened]... merchant is willing to accept it). The chequebook issued by your bank is merely for convenience.
There are all sorts of stories about english shops only giving 90p in the pound for scottish notes, but I've never had a problem.
If we ever join the Euro, I understand that we've a commitment from the EU that we can continue to put a Scottish flag on the currency, which is interesting as Scotland isn't a member state (yet).