Are Royal Bank of Scotland paper notes still legal tender?

All Royal Bank of Scotland and Ulster banknotes (as with all Scottish and Northern Irish banknotes) remain legal currency, will not be withdrawn from circulation in the same way as the Bank of England notes, and have no end date for acceptance.

Are Royal Bank of Scotland 20 notes still valid?

Bank of Scotland and Royal Bank of Scotland have also issued new polymer £50 notes. Both of these issuers, as well as Clydesdale Bank, will withdraw their paper £20 and £50 banknotes on the same date as the Bank of England, i.e September 30, 2022.

Which Scottish notes are out of circulation?

The previous series of Royal Bank of Scotland notes, originally issued in 1987, is in the process of being replaced by polymer notes: the Committee of Scottish Bankers encouraged the public to spend or exchange non-polymer five and ten pound notes before 1 March 2018, which have now been withdrawn from circulation.

What do I do with my Scottish bank notes?

If you’re trying to spend Scottish money in England with no success, there’s no need to despair. To make your life easier and get rid of the stress, you can swap them at any major bank for English notes. Nonetheless, you should have no issues shopping at major retailers.

Can I still use paper 20 notes Scotland?

Can I use the old paper £20 note and when does it expire? You can still use paper £20 notes as normal for now, alongside the newer plastic ones. The deadline for using your old paper £20 notes is September 30, 2022. You’ll need to spend them by then or deposit them in a bank account.

Is a 1 pound note still legal tender?

The government also believed that the growing vending industry would benefit from the introduction of a one-pound coin. The new cupro-nickel coin was introduced on 21 April 1983 and the one pound note ceased to be legal tender on 11 March 1988.

Can shops refuse old 20 notes?

What can I do with them afterwards? The £20 note going out of circulation means you will not be able to use the notes in shops, but you will be able to exchange them for new notes. Some banks and the Post Office may also accept them if you wish to deposit them into your bank account.

Can you still use old 20 notes 2021?

Exchanging old notes 30 September 2022 is the last day you can use our paper £20 and £50 notes. After 30 September 2022, many banks will accept withdrawn notes as deposits from customers. The Post Office may also accept withdrawn notes as a deposit into any bank account you can access at the Post Office.

Does Scotland have its own banknotes?

In Scotland three banks print their own notes: Bank of Scotland, Royal Bank of Scotland and Clydesdale Bank.

Are 100 notes still legal tender in Scotland?

Though strictly not legal tender in Scotland, Scottish banknotes are nevertheless legal currency and are generally accepted throughout the United Kingdom. Scottish banknotes are fully backed such that holders have the same level of protection as those holding genuine Bank of England notes.

Can you pay with Scottish notes in England?

Scottish notes aren’t legal tender in England or Scotland. Debit cards, cheques and contactless aren’t legal tender anywhere.

Who prints Scottish notes?

The Royal Bank of Scotland
The Royal Bank of Scotland is the only bank still printing 1 notes and has no plans to stop printing them but due to their relative scarcity they have become collectors’ items.