And now they want to steal our cash...

[AtW]

In the quiet words of the Virgin Mary, come again?

Legal tender does not mean merchants have to take it

[NotAllThere]

Scottish notes are legal currency, but aren't legal tender.

Legal tender simply means that if you pay your debt in legal tender, then you cannot be sued for non-payment. Since the bus driver refused entry, there was no debt, so even if it had been legal tender, he'd have been under no obligation to accept it.

Restaurants, garages and other places where you typically receive the service before paying are a different matter.

[Troll]

I'm surprised the article didn't mention some European body wants to get rid of the largest denomination note in every currency so it's harder to launder money.

Think it is the yanks that want to get rid of the 500 euro as it is the note of choice used in dodgy transactions

[SueEllen]

Think it is the yanks that want to get rid of the 500 euro as it is the note of choice used in dodgy transactions

Silly cos then they will just use smaller notes and coins.

Loads of one pound coins are fraudulent in the UK. Once I knew what to look for I off loaded all found, which as it's illegal I won't tell anyone else what to look for.

[LondonManc]

Scottish notes are legal currency, but aren't legal tender.

Legal tender simply means that if you pay your debt in legal tender, then you cannot be sued for non-payment. Since the bus driver refused entry, there was no debt, so even if it had been legal tender, he'd have been under no obligation to accept it.

Restaurants, garages and other places where you typically receive the service before paying are a different matter.

Thank you Steve Davis.

[BrilloPad]

Silly cos then they will just use smaller notes and coins.

Loads of one pound coins are fraudulent in the UK. Once I knew what to look for I off loaded all found, which as it's illegal I won't tell anyone else what to look for.

How can I spot a fake £1 coin? - Telegraph

One of the reasons I try to pay by card these days. I touch very few £1 coins.

I don't understand why smaller retailers won't take card payments below a few pounds. Handling cash costs money. And then there is a chance you will get a few fakes.

[SueEllen]

One of the reasons I try to pay by card these days. I touch very few £1 coins.

I don't understand why smaller retailers won't take card payments below a few pounds. Handling cash costs money. And then there is a chance you will get a few fakes.

Link removed as in this case knowledge isn't power.

Business banking tariffs in this country are odd.

It's still cheaper to walk to the sub-post office every day with the cash takings then to hire all the equipment and pay the charge per transaction on very small payments. (I've looked into this for other people.)

In countries that are cashless they don't have free consumer banking so the customer pays for using their card. Either each time, in a monthly account fee or above a certain number of monthly transactions.

[DimPrawn]

Before they promised to pay in gold, and now they don't even want to pay anything...

This might help:

[AtW]

This might help:

Where does CUK fit into all this?