Legal tender
 

Are Isle of Man coins legal tender in this country, just had an argy with face ache who says they are not.
But to me if they have the Queens head on and a date & the words Elizabeth II then they are legal. Searched the internet but can't find owt definite, although some Isle on Man decimal coins are now collectors items. Also found that English 5, 10, 20, & 50 quid notes are not legal tender in Scotland & Northern Ireland.

Re: Legal tender
 

I was up in Glasgow a few weeks back and I used 'English' bank notes in their shops so they must be legal tender up there

Re: Legal tender
 

I travelled extensively in Scotland when I was working and never had any English notes refused.
If Ii used the Southwaite services near Carlisle and my change included notes many times I would get Scottish notes going North and if I paid with Scottish notes Southbound I would get English notes in change.

Re: Legal tender
 

I'd say face ache has it on this one Retlaw (Sorry :o)

Travel Information - Isle of Man Direct

As to Jockeen sponnies, (think they've got about 4 different banks & styles of notes) some places will accept them quite readily I've found (especially areas where the Jocks holiday), but the further South you go they're more leery of "Foreign Coinage" . But turned around, I've no seen a Jock that'll say nay te English Poonds! :D

Re: Legal tender
 

I just got the following reply from a friend in the I.O.M. regarding Manx note.

"You would have a struggle paying with Manx notes in the UK Russell,although banks will accept them no bother. There is no problem with coins though. That’s why cash dispensers at the Sea terminal in Douglas and the airport only dispense Sterling notes,it’s daft but people think that just because the notes and coins have the QE2 picture they think they are acceptable. The best thing to do is Google Manx currency for a full explanation".

Re: Legal tender
 

On my travels around the world,I found that American Dollars were accepted everywhere.Discuss.

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And usually backed up by M16's, M1 Abrams & A10 Warthogs ...................... Certainly Sir, we'll take your currency! :D

Re: Legal tender
 

i went to a shop in ossy and they point blank refused to accept my £7 note

it had the queens head on and everything..

ok it may have been a pic of my mum with a crown photoshopped on her head but the likeness is uncanny :confused:

Legal tender
 

I can give you a three and a four pound note if you need it changing.

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the only problem being when you come back down here from Scotland is some places will not accept Scottish notes ... I always swap em wi the spugster before I come back ..:D

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That's probably because they are not legal tender in England but banks will exchange them.

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Translation:- You empty the poor wee lambs wallet (at the same time liberating all those aged Moths) :s_aim1:

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wrong ... I have to leave him some money to buy food ..... and electric for his computer ... :p:p:p

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Why? Jock eggs & Irn bru aren't that expensive are they? As to the Lekky, couple of bulldog clips to the neighbours junction box ............ :D

Re: Legal tender
 

I was only quoting a web site that said English bank notes were not legal tender, I was always able to use our money whenever we holidayed in Scotland, always tried to make sure I had none of theirs when we were on our way home.

Re: Legal tender
 

We go to Scotland twice a year for our hols. Thank God they have got rid of their pound notes. It took them a while after us. We always try to get rid of the "foreign money" before we cross the border

Legal tender
 

Obviously you are immune to midge bites.
;)

Re: Legal tender
 

Just to be pedantic - the term "legal tender" has a very narrow definition, and it's for legal reasons: Basically it's the currency which has to be offered by a debtor for their debt to be considered legally satisfied. If you owe someone a fiver, and offer them a bottle of wine in repayment, they can choose to accept (or not). If you offer a fiver, they have no choice. If they refuse, the debt is still considered legally settled.

Note that for most retail transactions, there is no debt at the point of sale, so you have to accept the use of whatever prevailing currency is used - and it doesn't have to be legal tender.

At petrol stations, restaurants, photography studios etc - you are usually settling a debt, so whatever the local "legal tender" is - it has to be accepted. Other locally used denominations may also be acceptable, but that's not enshrined in law.

Scotland and Northern Ireland do not have any legal tender banknotes. Bank of Scotland, Royal Bank of Scotland, Clydesdale Bank, Northern Ireland, Bank of Ireland, First Trust, Danske Bank and Ulster Bank notes are not legal tender anywhere.

In England and Wales, Bank of England notes are all legal tender. Throughout Great Britain and Northern Ireland, coins are legal tender, with a 20p limit for 1p and 2p coins, $5 limit for 5p and 10p coins and £20 limit for 20p and 50p coins. There's no limit on £1, £2 and £5 coins.

It leaves you in the situation where if you offer to pay for a restaurant meal in Scotland (or anywhere else in the UK) using pound coins, and they refuse, you can legally walk out as the debt is considered satisfied. In England and Wales, if you offer to pay using BofE notes, the same situation can arise but in Scotland, they can refuse.

Manx notes are legal tender on the Isle of Man, BofE notes aren't; but if you're likely to have a problem, you can freely exchange the notes at any bank when over there, and change them back at any English bank when you're home.

Apart from that, you can use whatever you want, anywhere in the UK - as long as the retailer is happy to accept them. The practical problem of accepting a Scottish retail-bank note (for example) is that its use is not intuitive in England and Wales, so it's harder for your typical retailer to spot if it's a forgery. Any notes that are backed by a stockpile of sterling currency will be exchanged at any bank.

So for cash transactions in the Isle Of Man, you could go to a bank on your first day and swap sterling for Manx notes, then when you're back here, go to the post office or bank and swap them back. As far as I can tell, it's not a currency exchange, so there should be no commission.

Legal tender
 

For the above, Wow!

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Me too Gremlin, mind you I used to get a few strange looks when giving a Scottish note over the bar down here:D

Re: Legal tender
 

We go before or after the breeding season

Re: Legal tender
 

Is that an age thing?

I bet 20 years ago you wouldn't have missed it!
:eek:

Re: Legal tender
 

Canadian coins have the Queen's head on them ... and a date ... And "Elizabeth ll, D.G." ... but I think you would have trouble paying for your pint with loonies and toonies.;)

Re: Legal tender
 

Ask yourself the question in reverse
i.e. would you be happy to except your change in Manx notes,
Put yourself in the retailor’s position would you be able to recognise if a foreign currency note was genuine or forged, it’s difficult enough to be sure with our own currency

Re: Legal tender
 

Good point accybeme:rolleyes: