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No. The One Pound note ceased to be legal tender in March 1988.

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11y ago

UK banknotes are.

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Q: Are notes in UK legal tender?
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Related questions

Are postage stamps legal tender in the uk?

No - only coins and notes of the realm are legal tender.


Are 50 pound notes still legal tender in the UK?

Yes they are. Yes they are.


Is a twenty pound Scottish note legal tender in England?

Yes all Scottish notes are legal tender throughout the UK, that is in England, Northern Ireland and Wales. Actually no. Scottish and Northern Irish notes may be used in any part of the UK and as they are marked Sterling, most shops will accept them. They are not legal tender however. Legal tender is a misunderstood term and does not refer to whether money is currency that can be used. Scottish and Northern Irish sterling notes are not legal tender in any part of the UK. No banknote is legal tender in Scotland or N. Ireland in fact! This money is issued by retail banks and is classed as a promissory note not Legal Tender. The expression Legal Tender is to do with debt payment laws and refers to a form of payment that is legally always acceptable. In England and Wales the only legal tender is money issued by the Bank of England and no note is Legal Tender in Scotland or Northern Ireland including their own notes. There is quite a good discussion of this on the Royal Mint banknote site.


Are Scottish bank notes legal tender?

NO they are not legal tender in Scotland or anywhere else so no to England as well. In fact Scotland has no such thing as legal tender, however Bank of England notes are legal tender in England only


Are pound notes still legal tender in Scotland?

GBP (Pound) notes ceased to be legal tender in 1988 and were replaced by the pound coin. However some Scottish banks still issue pound notes and are still legal tender.


What can I do with 10 pound notes issued by Isle of Man?

Jersey, Guernsey, Manx currency, etc, is not 'legal tender' in the UK, but legal tender is a narrow definition that only applies to the payment of debts. Many millions of notes are in circulation that are not 'legal tender', but they are all a 'legal currency' approved by the UK parliament, backed by Bank of England securities, and are 'worth' exactly the same as their UK equivalents. Therefore you can simply try to spend them in any shop. If the shop refuses them, try another, or take it to the bank.


Are Bank of England notes accepted in Scotland?

The Bank of England advises that Bank of England bank notes are only legal tender in England and Wales. Bank of England bank notes "might" be accepted in Scotland or Northern Ireland, but there is no obligation on any Scottish or Northern Ireland trader or bank to accept them.


Are 5 coins legal tender in the UK?

I not sure as to the meaning of the question? The first five legal tender coins in the UK are: 1p, 2p, 5p, 10p, 20p (p meaning pence).


Will a Tesco pay machine accept Gibraltar's 5 pound note?

Probably not, Gibraltars banknotes are not the same size as Bank of England notes. Also, Gibraltars currency is not legal tender in the UK.


Is the Scottish one note still legal tender?

Yes, £1 notes are still legal tender in Scotland. They are still in circulation and still issued, although they aren't frequently used.


Is the dollar considered legal tender?

The Australian Dollar is Legal Tender in Australia. The Bahamian Dollar is Legal Tender in the Bahamas. The Barbados Dollar is Legal Tender in Barbados. The Bermuda Dollar is Legal Tender in Bermuda. The Canadian Dollar is Legal Tender in Canada. The Fiji Dollar is Legal Tender in Fiji. The Hong Kong Dollar is Legal Tender in Hong Kong. The Jamaican Dollar is Legal Tender in Jamaica. The New Zealand Dollar is Legal Tender in New Zealand. The Singapore Dollar is Legal Tender in Singapore. The US Dollar is Legal Tender in the USA.


What is the synonyms to currency?

money, coinage, legal tender, notes, coins acceptance, popularity, circulation, vogue, prevalence