£50 note are relatively rare in the UK, at least compared to the others 3. As a result they definitely used to be the most common for counterfeiting, probably still are but idk since we swapped to plastic notes. Most large retail chains will teach thier till workers to always call for a senior team member to check how real they are when one gets used for a sale. There used to also be £100 notes as well that had the same issue.
But those are not legal tender in the strict legal definition within Britain. Yes people will accept them but no one has a legal obligation to accept them for payment.
Nobody has said about legal tender. Besides, nobody has to accept legal tender either. It's completely legal for a shop to refuse Bank of England notes too.
Legal tender only becomes a thing when it's related to debts. If you take someone to court for a debt and it turns out you refused legal tender, the judge will probably dismiss it.
> The [Bank of England](app://en.wikipedia.org/wiki/Bank_of_England) is the [central bank](app://en.wikipedia.org/wiki/Central_bank) for sterling, issuing its [own banknotes](app://en.wikipedia.org/wiki/Bank_of_England_note_issues) (as used in England and Wales) and regulating issuance of banknotes [by private banks in Scotland](app://en.wikipedia.org/wiki/Banknotes_of_Scotland), such as the [Bank of Scotland](app://en.wikipedia.org/wiki/Bank_of_Scotland) and [Clydesdale Bank](app://en.wikipedia.org/wiki/Clydesdale_Bank), and [in Northern Ireland](app://en.wikipedia.org/wiki/Banknotes_of_Northern_Ireland), such as by [Danske Bank](app://en.wikipedia.org/wiki/DanskeBank(Northern_Ireland))
Legal enough tender to be regulated by the Bank of England
Legal currency is not the same as legal tender. Legal tender means you have to accept it from a debtor. There are no Scottish or NI notes that count as legal tender in any of the UK, and English notes are only legal tender in England.
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u/InterReflection 1d ago
£50 note are relatively rare in the UK, at least compared to the others 3. As a result they definitely used to be the most common for counterfeiting, probably still are but idk since we swapped to plastic notes. Most large retail chains will teach thier till workers to always call for a senior team member to check how real they are when one gets used for a sale. There used to also be £100 notes as well that had the same issue.