Lady Godiva
I learnt an interesting fact this week, one which I admit I have had rows about previously and it appears I have been wrong. Merchants in England and Wales do not have to accept Scottish bank notes if they don't wish to.Now I always thought they did as they were same value and had the same wording relating to payment to bearer as the Bank of England notes. I knew Jersey money was not legal, but had no idea Scottish was discretionary.it was brought to my attention as there is a campaign North of the boarder to make these notes compulsory tender. I am not sure why as most places do accept them, but the sweaties are always looking for something to dis the rest of the Country with.The Bank of Scotland ( soon to be Lloyds Group) , The Clydesdale bank and Royal bank all produce their own notes, and there is a fine old market in forged notes which fly around at and during the Edinburgh festival.I wonder how much it costs them to print the stuff, either they should stop and save themselves the overhead in these times of banking crisis, or they should work a few extra weekends at the print producing extra to eradicate the debt they have racked up with the government!Labels: bank notes, bank of Scotland, jersey, Royal Bank, The Clydesdale bank