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Legal tender - Wikipedia, the free encyclopedia
Legal tender or forced tender is an offered payment that, by law, cannot be refused in settlement of a debt, and have the debt remain in force. The origin of the word is from Middle English tendre...
en.wikipedia.org/wiki/Legal_tender |
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I travel a lot in Scotland and return to England with Scottish bank notes. When I buy something in England with a Scottish bank note I'm almost always met with scowls and grumbles from the shop owner. Surely as a 'United' Kingdom Scottish notes are legal tender?.
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History of Banking in Scotland and the UK:; Guide to Banking in Scotland; History of the Bank of Scotland; History of Scottish Banknotes - About.com Scottish Culture ; Monetary History Sources; Scottish Banknotes and Coins Pictures ; Scottish Currency & Legal Tender - Silicon Glen; UK Legal Tender - Bank of England ;
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Can I use Scottish money in England? ... Coins come in denominations of 1p, 2p, 5p, 10p, 20p, 50p, £1 and £2. Bank of England banknotes are legal tender in Scotland, in addition to those issued by the Bank of Scotland, Royal Bank of Scotland and Clydesdale Bank.
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Banknotes of the pound sterling - Wikipedia, the free encyclopedia
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In Scotland, three banks retain the right to print their own money - the Royal Bank of Scotland, ... People who use Scottish notes in England have no legal recourse if they are refused. ... Mr Mundell told BBC Radio Scotland's Good Morning Scotland programme he had consciously avoided the complex issue of legal tender.
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