Thanks! no the jersey currency is not legal tender over here. withdrawn Jersey Pound banknotes Exchange yours now. Debit cards, cheques and contactless aren’t legal tender anywhere. Doesn't worry them. [citation needed] It can also be exchanged in other places using banks and bureaux de change. Many people make mistakes here and think legal tender means it must be accepted. Banknotes issued by seven UK banks are legal currency and can be accepted throughout the UK. However, they are not legal tender in Scotland and Northern Ireland. The Jersey pound is legal tender only in Jersey, though it is legal currency throughout the United Kingdom. I thought a pound coin issued in England, Wales, Scotland, Northern Ireland, the Isle of Man, Jersey, Guernsey were all legal tender. Many people are confused about what legal tender means. Notes will vary. Is it like Scotland where you can pay in GBP and then they give you the change in Jersey pounds? And no it would not be like Texas or California having their own currency. The vendor wouldn't accept a pound coin as it was from Jersey. There are however some shops that list prices and will accept payment in Euros. That’s because the Bank of England has said that old £20 notes are still being considered legal tender. For example, British banknotes issued by various institutions circulate in the United Kingdom without being legal tender in all the jurisdictions of the United Kingdom. The States of Jersey has no plans to issue a new £1 coin but will instead rely on the local £1 note and the new issue of UK £1 coins. The Houblon £50 note was introduced in April 2014 but is no longer legal tender. Compared to UK issued coins, Jersey coinage ... it almost 5 times RARER than the 2011 Edinburgh £1 which holds the proud title as the rarest and most sought after UK pound ever struck for circulation in the UK. Most people think it means the shop has to accept the payment form. Will British pubs actually seize to exist en masse in 2021? More than a year after they ceased to be legal tender, there are still £1.5bn-worth of paper £5 and £10 notes that haven’t been cashed in. Doesn't worry them. No, I'm afraid that it is not: Jersey is not a part of the United Kingdom, but is a part of Great Britain. The Channel Islands and the Isle of Man are Crown Dependencies of the United Kingdom. This is essentially a Jersey-based version of the British pound since it is not actually a separate currency. See our banknotes section for information on exchanging withdrawn banknotes, Scottish and Northern Ireland banknotes and other topics. What’s classed as legal tender varies throughout the UK. [126] The Government of Alderney (a part of the Bailiwick of Guernsey) is also licensed to issue its own currency, the Alderney pound , but only mints special commemorative sterling coins and … It's beyond time we give legal force to the well-known phrase 'that's legal tender, pal'. Just wondering whether anyone from the UK forum has been to Jersey recently and knows how the currency works? But it doesn’t mean they will be. English banknotes aren’t legal tender in Scotland. Legal tender has a narrow technical meaning which has no use in everyday life. Necessary cookies enable core functionality on our website such as security, network management, and accessibility. You may disable these by changing your browser settings, but this may affect how the website functions. £20 - for any amount Legal tender really only comes in as protection against being sued for not paying your debts. Subject to the provisions of Article 5, currency notes shall be legal tender in Jersey. Scottish notes are not legal tender (something that can be used to pay a legal debt) in England, … The legacy Jersey Pound notes and pre-decimal Jersey Shillings are no longer a valid means of payment in the Bailiwick of Jersey or elsewhere in the Channel Islands. No one will even notice with the coins. Jersey uses Pound sterling (GBP) as their currency and is legal currency in Britain and is at par value with English, Scottish, Welsh, and Northern Irish notes. All £20 notes were withdrawn from legal tender last year, but people still trade with them, without problems. Jersey currency is not legal tender outside Jersey, but it is acceptable as tender, as opposed to legal tender, within the United Kingdom, and can be exchanged at UK banks on a one for one basis. And is defended and internationally represented by the States of Jersey before 2010 notes! )... Coins bear the portrait the Queen but they wo n't take the coins Dependencies themselves new banknote start! Tender over here the British pound as its official currency. the States of Jersey '' Latin. Debts rather than how you can use Bank of England notes! defended. Have legal tender only in Jersey last year & she forgot she had money left over wrong... 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