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Scottish notes are acceptable within the UK
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How much is English money worth in Scotland?
Scotland and England (along with Wales and Northern Ireland) share the same common currency, the Pound Sterling. The only difference is that some banks in Northern Ireland and Scotland are able to issue their own 'Scottish' and 'Northern Ireland' bank notes, but they all have exactly the same value as 'English' banknotes.
What is Scottish money called?
Since Scotland is part of the United Kingdom of Great Britain and Northern Ireland it uses the pound Sterling (GBP £). Three Scottish banks are permitted however to print their own banknotes, which are often referred to as "Scottish notes". These bank notes will look diffrent from Bank of England bank notes but are normally accepted elsewhere in the UK. The three banks are The Royal Bank of Scotland, The Bank of Scotland, and Clydesdale Bank. There are four banks in Northern Ireland which also print their own banknotes. In the medium term there is a chance that the UK (and therefore Scotland) will adopt the Euro as it's currency. However there are no plans to do this yet.
How many banks in the UK can issue banknotes?
The UK consists of England, Northern Ireland, Scotland and Wales. The Bank of England is the sole issuing authority for banknotes in England and Wales. Scottish banknotes may be issued by the Bank of Scotland, the Royal Bank of Scotland and the Clydesdale Bank. Four Northern Ireland banks practice their right to issue banknotes, being the Bank of Ireland, the First Trust Bank, the Northern Bank and the Ulster Bank. The banknotes of all Northern Ireland and Scottish banks are backed by the Bank of England.
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.
IS There a National Westminster Bank in Northern Ireland?
National Westminster Bank owned the Ulster Bank in Northern Ireland, which has many branches there. National Westminster Bank is now owned by Royal Bank of Scotland, but Ulster Bank is still used as the brand there.
Can you exchange a Irish twenty pound note in a bank?
If you refer to the Republic of Ireland pre-Euro Pound notes, you can only exchange them at the Central Bank in Dublin. If you refer to the Northern Ireland Pound notes issued by any of the Northern Ireland retail banks, you should be able to exchange them at any English bank.
What are the English Pound banknotes?
The currency of the UK is the Pound Sterling (or more normally, just Pound). The Bank of England produces all of the banknotes for England and Wales, whilst several banks in Northern Ireland and Scotland produce notes to their own designs. Jersey, Guernsey and the Isle of Man also issue their own notes. The only notes in current issue in England are £5, £10, £20 and £50. Scotland, Jersey, Guernsey and the Isle of Man also have £1 notes. Scotland and Northern Ireland also issue £100 notes.
What is shown on Scotland's bank notes and what is its significance?
Scotland has three banks which issues notes. The Royal Bank of Scotland's notes feature Scottish castles, The Bank of Scotland's notes feature Scottish bridges and the Clydesdale bank notes feature famous Scots and Scottish World Heritage sites.
Can you exchange Northern Ireland notes at a bank in UK?
No, The Irish pound is no longer a currency. The Irish pound ceased to be a full currency in 2002 when Ireland switched to the Euro. In order to turn these into usable currency they must be traded for Euro at the Irish Central Bank in Dublin. A local bank in Ireland should be able to assist you with this. Note however that due to their discontinuation, Irish banknotes will probably return a small premium if sold to a currency collector.
Is there 100 pound note?
The Bank of England don't currently have £100 notes, but the Bank of Scotland do and they are red. The English £50 notes are red as well.
Can you use northern Irish currency in England?
There is no difficulties with using Bank of England notes in Northern Ireland. The currency is GPB, and while local banks can issue their own notes (as they can in Scotland), these notes are still Sterling.
Is ten pound bank of Ireland worth anything?
Ireland now uses the Euro, having done so since the 1st of January 2002. So if it is from before that, then it cannot be used in Ireland. It will have writing in the Irish language on it, so you would not see "Bank of Ireland" actually written on it. If it is a note from Northern Ireland, then it would have "Bank Of Ireland" written on it and it is legal tender in Northern Ireland and England, Scotland and Wales, but not in the Republic of Ireland. As a collector's item, they are of little value, as they are still in use. Many people would still have notes from the Republic of Ireland prior to the introduction of the Euro, so they are not of great collector's value either.
