Exchanging and using Scottish pounds
- By
- Aparna Patel
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- 5 Aug, 2023
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I used to work in a souvenir shop in Edinburgh. Virtually every day we would have customers asking to receive change in either Scottish (collectibles) or English notes (they continued their travel to England). In both cases we would do our best to help them. I would risk to say that locals are used to such requests so obtaining Scottish notes from retailers should be easy. Some tourists were also requesting to obtain one pound note – it indeed exists but is very rare – eBay is probably the best place to get it… As a side note, due to many visitors from Northern Ireland, sometimes you may come across banknotes issued by their own banks.
As for the ATMs, it is not true that they dispense only Scottish notes. I live in Scotland for 5 years and from my experience and stories from others, I can say that: 1. ATMs of Clydesdale Bank typically dispense the notes of their own issue. 2. Some people claim that ATMs of HSBC, Barclays and Natwest dispense only English notes – I couldn’t find a proof, but from own experience I would rather agree. 3. Most of the ATMs dispense a mixture of notes.
Andrew’s answer is not completely correct. In England The only currency that is legal tender is that issued by the Bank of England. In practice all UK currencies do need to be accepted in England and Scotland – retailers have no excuse for not accepting them as all banks will… they have an agreement made simpler as these are effectively the same currency.
The coins are also the same as Bank of England coins, except they may have differing designs on the face, reverse or edge.
Any shop is likely to give you Scottish money, but it could be whatever is in the till. They don’t discriminate between English and Scottish notes.
There are three banks in Scotland which issue banknotes – Bank of Scotland, Royal Bank of Scotland, and the Clydesdale Bank. Each has their own designs. They represent the same currency as English notes (pounds sterling), so there’s no exchange rate or fluctuation to worry about.
In Scotland, there is technically (and strangely) no legal tender (except coins – see below). In practice, you will find only Scottish notes are dispensed by ATMs, banks, etc. (although some “English”-branded banks will dispense English notes, as Rabbit points out), but both Scottish and English notes are accepted pretty much everywhere, and (correction) sometimes retailers may give you English notes in change if they’ve picked some up along the way. In theory, you might be able to get Scottish notes abroad or from currency exchanges, but from experience I think this is highly unlikely, unless perhaps you are exchanging currency in Scotland itself.
In England, English money is the only legal tender. Contrary to popular opinion, Scottish money is not. Many, if not most, retailers, taxis, vendors, and so on will take it, and sometimes you can try to insist, but technically they aren’t required to, and sometimes you’ll have trouble in more rural areas; as such, folks who’ve visited Scotland often try to get rid of their notes before they leave. Banks and post offices will take them though, so that’s your last resort if you are having trouble elsewhere.
The coins are identical in both countries (correction: as Rory says, sometimes the designs do vary, and as Mike says, they are valid in both).
Credit:stackoverflow.com‘