legal tender?

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falkor
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legal tender?

Post by falkor » Fri Oct 02, 2015 6:29 pm

Coins are legal tender throughout the United Kingdom for the following amount:

£2 - for any amount

£1 - for any amount

50p - for any amount not exceeding £10

20p - for any amount not exceeding £10

10p - for any amount not exceeding £5

5p - for any amount not exceeding £5

2p - for any amount not exceeding 20p

1p - for any amount not exceeding 20p

http://www.royalmint.com/aboutus/polici ... guidelines , this means that if a person has £10 worth of 50ps that is acceptable but if they have £20 worth of 50ps that would not be legal tender and any shop/ bank/ person could decline to accept it as payment

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Bert Moffat
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Re: legal tender?

Post by Bert Moffat » Fri Oct 02, 2015 9:33 pm

.....and

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falkor
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Re: legal tender?

Post by falkor » Mon Oct 12, 2015 6:00 pm

and ….. http://www.birminghammail.co.uk/news/mi ... e-10230621 He refuses to serve anyone who spends less than £1 in his convenience store if they want to pay with banknotes. “I was fed up with people coming into the shop and buying an item for as little as 5p so they could get change for the bus or the parking machines,” says Jack. “We have had up to 100 people in a day doing this – so I have finally taken action. I am running a shop, not a bank.” Jack owns Jack’s News & Booze in Queensway, Halesowen town centre, which is close to Halesowen bus station and to several pay-and-display car parks. He bought the business two years ago and, at first, accepted payment in notes for small purchases until he decided enough was enough. Now, he has posted a notice in the glass door of the shop reading, in capital letters: “URGENT CUSTOMER NOTICE: MINIMUM SPEND OF £1.00 WHEN PAYING WITH NOTES! CHANGE WILL NOT BE GIVEN UNDER ANY CIRCUMSTANCE UNLESS SPENDING OVER £1.00.”

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Bert Moffat
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Re: legal tender?

Post by Bert Moffat » Mon Oct 12, 2015 10:46 pm

You must have a crystal ball falk....

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powdermonkey
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Re: legal tender?

Post by powdermonkey » Tue Oct 13, 2015 12:00 am

This isn't an issue of legal tender but the shop keeper getting fed up of being a cash changer. Presumably he's happy to refuse custom and potentially lose customers. If he accepts the sale he can't legally refuse to give change. That'd be theft, wouldn't it?
I have seen the truth and it makes no sense.

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