Re: Scottish Banknotes
I think everyone gets confused about acceptable tender and legal tender
Legal tender is an old term, something that is legal to clear debt
Acceptable tender is whatever is agreed by the two parties
Legally no seller has to accept any type of note or coin, no matter who made them, its as simple as that
If they decided they wanted payment in cheese straws, thats their choice
We are just so used to having two countries, a principality and a Provence with free travel about them, along with the IOM and the Channel Islands all readily accepting the Bank of England notes and coinage, we just cant accept that traders don't have to accept the notes or coins of any bank they don't wish to
A stamp is acceptable tender, but no trader has to accept it in payment