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hellkat
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PostPosted: 11:05 - 03 Sep 2010    Post subject: Fivers Reply with quote

Hooray.

Am I sad in being pleased that HSBC has finally decided to start putting fivers into its cashpoint machines, instead of just ten or (worse!) twenty pound notes.

I hate having to round up to the next ten or twenty.
Sometimes I just want a fiver, for a sandwich.

Or maybe fifteen quid, for, I dunno, something ... I don't *want* to take twenty, thirty or forty quid out of the cash machine, and end up blowing it on useless tat. I just want an amount that is divisible by five.

So I'm either
(a) extremely sad; or
(b) a miser; or possibly

(c) I just like fivers.
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pinkyfloyd
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PostPosted: 11:10 - 03 Sep 2010    Post subject: Reply with quote

https://static.bbc.co.uk/ahistoryoftheworld-ic/imageasset/iclarge/historyworld-webapp/user/Tudormoon/object/MBg4fwz2QHKd49iKujCIXQ/asset/1

Theres a fiver for you. It is sterling and is legal tender over here but many places wont accept it in the same way lots of places wont accept scottish notes.

Its a Northern Ireland plastic 5 pound note.
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tvchimp
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PostPosted: 11:18 - 03 Sep 2010    Post subject: Reply with quote

Isn't it illegal not to accept scottish notes in england?.. I'm not sure about NI money, having never come across any of it. But I've always been told to accept scottish notes as its still legal tender..
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pinkyfloyd
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PostPosted: 11:25 - 03 Sep 2010    Post subject: Reply with quote

Most places do Mr chimp sir. but the likes of the local shop are reluctant to take them, Yes technically they have to by law as it is sterling but sometimes the fuss just isnt worth it.

I had one of the above pictures ones and I took it into a barclays bank which i had an account with and it took the manager of the branch to come down and inspect it before I could get it changed.

Shops wont accept them purely because they are so different being made out of plastic rather than the paper notes even tho it clearly states £5 sterling clearly on the note.
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illuminateTHEmind wrote: I am just more evolved than most of you guys... this allows me to pick of things quickly which would have normally taken the common man years to master
Hockeystorm65:.well there are childish arguments...there are very childish arguments.....there are really stupid childish arguments and now there are......Pinkfloyd arguments!
Teflon-Mike:I think I agree with just about all Pinky has said.
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The Shaggy D.A.
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PostPosted: 11:25 - 03 Sep 2010    Post subject: Reply with quote

I seem to remember something about Scottish fivers actually having value as the issuing banks had to prove they have the funds to back it up, whereas the Bank of England can just print what they like and it has value "because they say so".
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Kickstart
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PostPosted: 11:40 - 03 Sep 2010    Post subject: Reply with quote

Hi

Technically it isn't legal tender in any country (it is a promissory note). Bank Of England notes are only legal tender in England and Wales.

From memory in Scotland nothing is strictly speaking legal tender anymore. The last thing that was legal tender in Scotland was the £1 note.

As I understand it nobody is under any obligation to accept Scottish or NI notes.

All the best

Keith
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pinkyfloyd
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PostPosted: 11:43 - 03 Sep 2010    Post subject: Reply with quote

Mr all knowing kickstart sir.
Is it true they still trade in sheep in wales?

Laughing
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illuminateTHEmind wrote: I am just more evolved than most of you guys... this allows me to pick of things quickly which would have normally taken the common man years to master
Hockeystorm65:.well there are childish arguments...there are very childish arguments.....there are really stupid childish arguments and now there are......Pinkfloyd arguments!
Teflon-Mike:I think I agree with just about all Pinky has said.
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Kickstart
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PostPosted: 11:53 - 03 Sep 2010    Post subject: Reply with quote

pinkyfloyd wrote:
Mr all knowing kickstart sir.


Far from it. Bit of reading round and it seems things are stranger than I thought as legal tender is only of any relevance when settling a debt. If you are purchasing an item there is no debt (you exchange the item for payment) so legal tender is irrelevant (and both parties are at liberty to refuse the method of payment whether it is legal tender or not). If you have consumed something there there is a debt which in theory should be covered by payment in legal tender (exact amount, no change) to provide a defense in law if subsequently sued for non-payment of the debt.

pinkyfloyd wrote:
Is it true they still trade in sheep in wales?

Laughing


Really wouldn't like to comment Wink .

All the best

Keith
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pinkyfloyd
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PostPosted: 11:57 - 03 Sep 2010    Post subject: Reply with quote

Kickstart wrote:
If you are purchasing an item there is no debt (you exchange the item for payment)


Right off to wales with me sheep to exchange them for a motorbike Smile

Sorted! Very Happy
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illuminateTHEmind wrote: I am just more evolved than most of you guys... this allows me to pick of things quickly which would have normally taken the common man years to master
Hockeystorm65:.well there are childish arguments...there are very childish arguments.....there are really stupid childish arguments and now there are......Pinkfloyd arguments!
Teflon-Mike:I think I agree with just about all Pinky has said.
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Kickstart
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PostPosted: 12:01 - 03 Sep 2010    Post subject: Reply with quote

Hi

Good luck, you might get a good deal but they also might refuse to take payment in sheep (or £5 notes).

All the best

Keith
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Paxovasa
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PostPosted: 12:02 - 03 Sep 2010    Post subject: Reply with quote

It's bad enough trying to get rid of a £50 note Shocked
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pinkyfloyd
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PostPosted: 12:06 - 03 Sep 2010    Post subject: Reply with quote

Paxovasa wrote:
It's bad enough trying to get rid of a £50 note Shocked


A what? They make them that large? Sheesh!
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illuminateTHEmind wrote: I am just more evolved than most of you guys... this allows me to pick of things quickly which would have normally taken the common man years to master
Hockeystorm65:.well there are childish arguments...there are very childish arguments.....there are really stupid childish arguments and now there are......Pinkfloyd arguments!
Teflon-Mike:I think I agree with just about all Pinky has said.
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Paxovasa
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PostPosted: 12:10 - 03 Sep 2010    Post subject: Reply with quote

pinkyfloyd wrote:
Paxovasa wrote:
It's bad enough trying to get rid of a £50 note Shocked


A what? They make them that large? Sheesh!


I had one a few months ago, had to go to the bank and get it changed into smaller notes as no shop would accept it Rolling Eyes

Even the bank were dubious about doing it.
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t121anf
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PostPosted: 12:17 - 03 Sep 2010    Post subject: Reply with quote

when i was at uni back in 1998 they had a cashpoint that gave out fivers, it was great.

never understood why more don't....but banks do say they can't replenish the machines fast enough when they do have fivers in it.
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pinkyfloyd
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PostPosted: 12:21 - 03 Sep 2010    Post subject: Reply with quote

Want

https://farm3.static.flickr.com/2012/1706720663_45e6462319.jpg
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illuminateTHEmind wrote: I am just more evolved than most of you guys... this allows me to pick of things quickly which would have normally taken the common man years to master
Hockeystorm65:.well there are childish arguments...there are very childish arguments.....there are really stupid childish arguments and now there are......Pinkfloyd arguments!
Teflon-Mike:I think I agree with just about all Pinky has said.
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Paxovasa
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PostPosted: 12:26 - 03 Sep 2010    Post subject: Reply with quote

Imagine filling up the bike and then trying to pay with that note Laughing
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pinkyfloyd
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PostPosted: 12:49 - 03 Sep 2010    Post subject: Reply with quote

Fuck that, I was thinking a bar of choc in the local kwiki mart Laughing
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illuminateTHEmind wrote: I am just more evolved than most of you guys... this allows me to pick of things quickly which would have normally taken the common man years to master
Hockeystorm65:.well there are childish arguments...there are very childish arguments.....there are really stupid childish arguments and now there are......Pinkfloyd arguments!
Teflon-Mike:I think I agree with just about all Pinky has said.
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Kickstart
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PostPosted: 12:57 - 03 Sep 2010    Post subject: Reply with quote

Hi

Just don't use it to settle a debt. With no requirement for change it could be very expensive.

All the best

Keith
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pa_broon74
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PostPosted: 13:18 - 03 Sep 2010    Post subject: Reply with quote

So...

HSBC are aiming for the pikey demographic? Wink

I remember working in an amusement arcade being asked by English people if we accepted the new 50p peices when the switched to the wee dinky ones, I said we did but they were only worth 42p in Scotland.

Had a few complaints about it but I pointed out they still got 50p's worth of credit on any machine... Rolling Eyes

£5 notes aren't worth anything these days anyway, I throw more at a dog if I haven't got a stone.

Wink
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c_dug
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PostPosted: 13:38 - 03 Sep 2010    Post subject: Reply with quote

https://www.treasures-standrews.co.uk/New%20Folderfor%20gold%20charms/note%20scottish%20hundred%20front.JPG

More likely to come across one of these than the £500,000 note Laughing

Would have to refuse it if anybody tried to pay with one in my shop though, our banking paperwork only goes up to £50's

Never have any issue with people paying with a £50, nobody fakes them anyway since everybody checks them. Have caught some pretty reasonable looking fake £20's in the past though, if they had tried to use it with other notes (i.e. tried to pay for £100 worth of stuff with 5 x £20 one of which is fake) I probably wouldn't have noticed.

It's funny when people try to pay with a fake note and then get all pissed off when I refuse (legally not allowed to) to give it back.
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pinkyfloyd
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PostPosted: 13:46 - 03 Sep 2010    Post subject: Reply with quote

We get a guy in work every friday with a few £50 notes which he changes into smaller denoms for the fruit machine. We have a change machine next to it that changes his smaller denoms into pound coins and he puts the guts of £200 in the machine and most weeks he claims the £250 jackpot and then changes the coins back into his £50 notes that he4 started with.

If he wins he buys everyone a pint that work there and a few friends that sit at the bar so add that to the pints he drinks all day he ends up spending over £50 in the evening.

I always end up thinking.... whats the point!
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illuminateTHEmind wrote: I am just more evolved than most of you guys... this allows me to pick of things quickly which would have normally taken the common man years to master
Hockeystorm65:.well there are childish arguments...there are very childish arguments.....there are really stupid childish arguments and now there are......Pinkfloyd arguments!
Teflon-Mike:I think I agree with just about all Pinky has said.
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Kickstart
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PostPosted: 14:05 - 03 Sep 2010    Post subject: Reply with quote

c_dug wrote:

It's funny when people try to pay with a fake note and then get all pissed off when I refuse (legally not allowed to) to give it back.


Difficult to say. It is "a criminal offence to hold or to pass on a note which you know to be counterfeit". So if you know it is a counterfeit then it could be regarded as an offence to return it if that counts as passing it on. Could be argued that having rejected it as payment it is still with the buyer to pass on, not with the person who has rejected it.

If you do decide to confiscate one then you should issue them with a receipt detailing the note (including serial number, etc, to stop someone swapping it with a real fake before it gets to the BoE) so that if it is found to be legit when taken to the BoE it can be returned to the person.

After all would you accept the word of any random person that you should pay for something twice as the random person claims your first payment isn't legitimate?

All the best

Keith
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pa_broon74
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PostPosted: 14:09 - 03 Sep 2010    Post subject: Reply with quote

We had a few fake notes in (at the arcade again) We use to return them to the customer. We took the view that the law is one thing, needlessly getting a kicking was quite another.

They probably went over the road and spent it at the bar but as long as it wasn't coming through my door, I didn't care.

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Flip
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PostPosted: 14:33 - 03 Sep 2010    Post subject: Reply with quote

CHR15 wrote:
ive never seen a 50 quid note in real life.


When I worked in a bar where the rich people live, I had, on a couple of occasions , rich folk walk in at opening time and want to pay for a coffee or two with a £50 note.

"Erm - the float is only £30"

"Oh"

*Points out the window"

"See that cash point? Go and get a tenner out".

Anyway, fivers in cash points are long over due.

Fuckin' rich people.
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c_dug
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PostPosted: 14:44 - 03 Sep 2010    Post subject: Reply with quote

I wouldn't tell a customer that a note is fake without having it in my hands, on a genuine note there is raised writing in various places and extremely small print (on a new £20 see the rings in the queens eyes and take a good look at the swirls at the bottom right of the note for good examples of the small details) both of which would be impossible to tell without the note in my hands. Therefore I would be passing it on by giving it back.

You are right by the way, I wouldn't accept the word of anybody telling me my notes are fake without some sort of proof. Luckily with a till full of legitimate notes it takes less than 30 seconds of pointing out flaws compared to the real thing for the person to realise its a fair cop and give up trying to argue it.
I have never had a customer who seems genuinely surprised that a note is a fake, they normally just want to get out of the shop as soon as they realise it has been faked.

The opportunities for an innocent person to have a fake note on them are pretty limited, they wont have got it from a bank, I very much doubt any big retailer would attempt to give a fake note out as change, I know we wouldn't. Perhaps a corner shop may try and shift one as change, or maybe they got it through selling something for cash and being given a fake note like that. But the large majority of people paying with fake notes have bought those fake notes in a deliberate attempt to rip the high street retailer off.

If somebody really thinks I am trying to rip them off I have no problem to taking them across the way to Halifax and have them verify that the note is not genuine.

I might have some sympathy if it was for food and the person couldn't afford to feed the family otherwise, but we sell what can only be described as generally pretty expensive, non-essential, tat Laughing To be honest the notes are not particularly cheap either, I got offered some £20's at £7 per note, or £5 if I bought a certain amount. At four times the value I can see why it may be tempting, I can't see the success rate of the notes being more than 75% though.
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