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The expert is correct.

This is an old chestnut, and is based on the GBP's confusion between "legal currency" and "legal tender". "Legal tender" is a very specific legal term that only refers to methods legally guaranteed for the payment of debt - it doesn't affect general transactions. No UK&NI banknotes are legal tender other than Bank of England notes, but they can of course all still be used in shops.

 

As an aside; all UK coins below ÂĢ1 are restricted as legal tender in that they can only be used for debts below certain amounts (so, for example, you can't pay a ÂĢ200 bill with pennies...)

 

[I'm on my mobile ATM so can't post links, but you can read all about this on Wiki.]

Eugene's Lair

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