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Reply to: Legal tender

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Previously on "Legal tender"

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  • bogeyman
    replied
    Originally posted by Bagpuss View Post
    This legal tend argument does not only apply to Scottish notes...
    Councils don't have to accept small denominations English "legal tender" as payment for fines. Hence the guys turning up with a shopping trolley full of 1p coins are regularly turned away.
    Another good reason to avoid this approach to fine paying is that the 1p coins just fall through the holes in the shopping trolley mesh. Use 2p coins.

    Leave a comment:


  • Bagpuss
    replied
    This legal tend argument does not only apply to Scottish notes...
    Councils don't have to accept small denominations English "legal tender" as payment for fines. Hence the guys turning up with a shopping trolley full of 1p coins are regularly turned away.

    Leave a comment:


  • HairyArsedBloke
    replied
    Originally posted by scooterscot View Post
    How is it...

    Only in Scotland and euro land you can get a £100 or 100 euro note but not in England?
    Could it be that the English are not mug enough to make something that nobody will have change for, and would be a target of forgers which would have such a damaging effect on the poor soul that got lumbered with a dodgy one?

    Leave a comment:


  • scooterscot
    replied
    How is it...

    Only in Scotland and euro land you can get a £100 or 100 euro note but not in England?

    Because it's all circling the drain hole and is worth less and less each day

    Leave a comment:


  • scooterscot
    replied
    Originally posted by BolshieBastard View Post
    Only legal tender in scotland. Dont know why people think they're legal in England.

    Used to refuse them all the time when I had my retail outfit.

    Shortly after it went bust - and you wonder why.

    Leave a comment:


  • SorenLorensen
    replied
    Originally posted by BolshieBastard View Post
    Only legal tender in scotland. Dont know why people think they're legal in England.

    Used to refuse them all the time when I had my retail outfit.
    You must be bloody loaded if you're happy to refuse money.

    Leave a comment:


  • HairyArsedBloke
    replied
    Originally posted by Bunk View Post
    I'm sure I heard that they weren't even legal tender in Scotland. Not sure if it's true though, could be an urban myth sort of thing.

    Are Scottish & Northern Irish notes legal tender?
    In short ‘No’ these notes are not legal tender; only Bank of England notes are legal tender but only in England and Wales.
    The term legal tender does not in itself govern the acceptability of banknotes in transactions. Whether or not notes have legal tender status, their acceptability as a means of payment is essentially a matter for agreement between the parties involved. Legal tender has a very narrow technical meaning in relation to the settlement of debt. If a debtor pays in legal tender the exact amount he owes under the terms of a contract, he has good defence in law if he is subsequently sued for non-payment of the debt. In ordinary everyday transactions, the term ‘legal tender’ has very little practical application.
    Bank of England

    Leave a comment:


  • Bunk
    replied
    Originally posted by BolshieBastard View Post
    Only legal tender in scotland. Dont know why people think they're legal in England.

    Used to refuse them all the time when I had my retail outfit.
    I'm sure I heard that they weren't even legal tender in Scotland. Not sure if it's true though, could be an urban myth sort of thing.

    Leave a comment:


  • BolshieBastard
    replied
    Only legal tender in scotland. Dont know why people think they're legal in England.

    Used to refuse them all the time when I had my retail outfit.

    Leave a comment:


  • minestrone
    replied
    You will find it hard to shift a 100 anywhere.

    Leave a comment:


  • suityou01
    replied
    Originally posted by scooterscot View Post
    I'm in now Edinburgh, just withdrawing a bunch of £10, £20's, one £50 and one £100 note all RBS's finest

    That'll teach the cabies of Bedford - MMMmmuuuhhhaaa
    All that walking will keep you fit then

    Leave a comment:


  • HairyArsedBloke
    replied
    Yeah, that 'll learn 'em.

    Leave a comment:


  • scooterscot
    started a topic Legal tender

    Legal tender

    I'm in now Edinburgh, just withdrawing a bunch of £10, £20's, one £50 and one £100 note all RBS's finest

    That'll teach the cabies of Bedford - MMMmmuuuhhhaaa

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