Can i use scottish pounds in london

The Committee of Scottish Bankers advises those that own Scottish money to not rely absolutely on these notes outside Scotland, especially when travelling abroad. As you can see, there are two sides to the matter.

For one, Scottish money is technically and legally allowed for paying goods and services throughout the United Kingdom. Scottish banknotes are legal currency, so how come banknotes that should be accepted everywhere are not?

This just goes to show how much of a technicality legal tender is. For your own peace of mind, swap any Scottish money you have for English banknotes to avoid any inconvenience when travelling south of the border. Cookie Use NowLoan uses cookies to enhance your website experience. Read more. What Is Legal Tender?

Here are the other most common ones: Scottish notes are less common than English ones and not that many people can recognise a real one from a counterfeit.

A withdrawn One Pound banknote. Find out more What is money? How do card payments work? Will cash die out? What is GDP? You may also be interested in…. Back to top. Give your feedback. Yes, it was useful Yes. No, it wasn't useful No. Page Url. Is Mobile. IP Address. Operating System. What did you think of this page? Add your details But it doesn't necessarily mean they will be.

The Association of Commercial Banknote Issuers states: "The term 'legal tender' has very little practical meaning as far as ordinary, everyday transactions are concerned, and it has no bearing on the acceptability of authorised banknotes as a means of payment …" Crucially, it adds: "The acceptability of any means of payment, including banknotes, is essentially a matter for agreement between the parties involved. English shopkeepers who are unfamiliar with them may refuse to accept Scottish or Northern Irish notes.