£50 note withdrawal

But you claim they are useless, so what are you going to do with them? Use them as firelighters? If even a court won't take them.....

Reply to
Major Scott
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And we use the same money system.

We do indeed use a similar money system. There are small, but important, differences , which you seem to have difficulty comprehending.

Reply to
Portsmouth Rider

Can I or can I not pay in an English court using Scottish notes?

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Only if the Court Officer agrees to take them. You can also pay using your bank debit card - IF the Court Office agrees to take the payment by that means. Neither, as has been exhaustively and tirelessly explained to you, makes such method of payment "Legal Tender"... Now piss off.

We are fed up with you.

Reply to
Portsmouth Rider

disjointed?

Because every individual and every company would have their own idea about what payment methods are acceptable to them. You couldn't produce a single "official" list.

Legal Tender is the official list of what is acceptable to settle a debt in court. Beyond that it's up to each person to decide for themselves what they will accept.

Chris

Reply to
Chris Blunt

The definition of Legal Tender is very specific. There are no vagaries about it. You have been shown links to the Bank of England's clear definition of Legal Tender, but still you won't accept it.

You can argue with people here about it as long as you like. That won't change reality.

Chris

Reply to
Chris Blunt

Whether you think it SHOULD or not is irrelevant. The fact is it isn't, which is what people have been trying to get you to understand for the last week.

Chris

Reply to
Chris Blunt

The system is one system. The UK government determines who spends what with Holyrood tweaking expenditure and some taxes.

A major issue with separation of Scotland from the Union is going to be national debt, especially Salmond's culpability in RBS's failure.

Reply to
Fredxx

One of the differences is in the definition of Legal Tender. (Bank of England notes are Legal Tender in England, together with coin , up to certain maxima for small denomination coins . In Scotland, no notes - Bank of England, Clydesdale, Bank of Scotland, Bank of Auchtermuchty or any others, are Legal Tender, wheras coin IS Legal Tender (as in England), up to certain maxima for small denomination coins).

Another is apparently in the right of individual Banks to print their own paper money. (The Scots have "Clydesdale banknotes" "Bank of Scotland notes" and, for all I know, there may be others). We have Bank of England notes. - full stop.

None of the above prevents either English or Scottish notes from being acceptable in the normal course of business, on either side of the border, provided both parties agree (which they normally do).

And, indeed, might result in less acceptance of one country's notes in the other country. Or an Exchange Rate - with a Scottish note worth around 75 pence!!!

Reply to
Portsmouth Rider

Yep!

Reply to
Ophelia

disjointed?

It should be easy enough with cash. If the Bank of Scotland is allowed to print notes, then why not, at the same time as issuing them with that license, make those notes "legal tender" (which they more or less are anyway!). Either that or make them produce the notes idealistically to the Bank of England ones.

Reply to
Major Scott

Yet 99.999999999999999% of people accept non-legal tender. What a farce.

Reply to
Major Scott

Maybe the Scots are not childish enough for notes to have to be officially declared.

It does seem silly to have more than one. It makes detecting forgeries more difficult.

Perhaps we would have our own currency. The Euro doesn't appear to work well when shared between countries.

Reply to
Major Scott

Oh I see, opinions aren't allowed in here. Can you not think for yourself? Is it so hard to say "it's absurd"?

Reply to
Major Scott

Actually, I think you do make a good point there. The more variations of notes there are, and the more often the designs are changed, the less familiar ordinary people become with them and the less able they are to spot forgeries.

Of course one of the reason for changing designs is to keep one step ahead of the forgers.

Chris

Reply to
Chris Blunt

Yes, they probably do. That's because private individuals are free to accept whatever they want.

That's quite different to settlement of a debt in a court, where legal tender is the only method of payment which must be accepted.

Chris

Reply to
Chris Blunt

so disjointed?

print notes, then why not, at the same time as issuing them with that license, make those notes "legal tender" (which they more or less are anyway!). Either that or make them produce the notes idealistically to the Bank of England ones.

That sounds reasonable, although even if you made Scottish notes legal tender that would only ensure they were acceptable in court.

You could never create a situation where private individuals or stores were compelled to accept something. I thought that is what you meant when you referred to "an official list of what is acceptable, and everyone has to stick to it".

Chris

Reply to
Chris Blunt

difficult.

Changing the technical bits like the magnetic strip maybe. But I fail to see the need to change the picture every 5 minutes.

Reply to
Major Scott

Scottish courts must have big problems then.

Reply to
Major Scott

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