No change in status for Scottish banknotes
Scottish Secretary turns down move for legal tender status
Scottish banknotes will continue not to be officially legal tender.
Gordon MP Malcolm Bruce raised the question of their status in the House of Commons yesterday, when he asked Scottish Secretary Des Browne during question time to give them recognition now that many traders accepted dollars and euros. Mr Bruce said it was high time Scottish banknotes were made legally acceptable throughout the UK.
Mr Browne said Scottish banknotes enjoyed the same status as other methods of payment and it was down to people at the point of payment what they would accept. He added that he personally had never experienced a situation where anyone had refused to accept either Scottish or Northern Irish notes from him.
Technically coins and Bank of England notes are the only form of legal tender in the UK outwith Scotland, but coins are the only legal tender in Scotland. The term does not imply that other methods of payment are not legal.
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