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No it's not, Scottish bank notes aren't of a different currency - they're still pound sterling. The reason they're typically not accepted in English shops (at l
by adamckay 3y ago
No it's not, Scottish bank notes aren't of a different currency - they're still pound sterling. The reason they're typically not accepted in English shops (at least, those not on the Scottish border) is most often because they're rather uncommon so it's more difficult for cashiers to detect fakes. My understanding is also that some banks, when depositing, require the English and Scottish notes to be separated and may charge a fee to convert them to English notes, so it's more effort to accept and handle them.
- HWR_14 3y agoCan you (British equivalent of Venmo/Paypal) Scottish pounds to someone who receives them as English pounds? I don't know why Britain doesn't just implement a national printing press.
- adamckay 3y agoThere's no such thing as Scottish pounds or English pounds, the UK uses pound sterling (internationally abbreviated to GBP). There are English banknotes and Scottish banknotes, but they're the same currency.
- deleted 3y ago[deleted]
- HWR_14 3y agoBut banknotes are literally issued by private banks? Why not have a national mint that covers all GBP?