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Is the Scottish Pound note still legal currency?

Updated: 8/18/2019
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11y ago

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No, Scottish banknotes never were legal tender, and Scotland is the only place where they will be accepted.

The currency of Scotland is the Pound Sterling (GBP).

All Scottish banks have the right to produce their own banknotes, but only three do.

Strangely, all Scottish banknotes are not legal tender anywhere including Scotland. They have more of the standing of a promissory note (in Scotland) and there is a strange legal loop hole in Scottish law that allows this to occur, fortunately.

This is simply wrong. Scottish and Northern Ireland banknotes should be accepted within the UK but if accepted outside Scotland, they are returned by UK banks to Scotland. The fact that many have the word "sterling" on them is the biggest clue here. I have frequently spent Scottish currency in England.

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