1 in 3 think Scottish banknotes are counterfeit


Scottish Liberal Democrat MP Alistair Carmichael has today said that new figures from market research firm Censuswide Scotland, showing that a third of people living in England would reject Scottish bank notes as fake, show the need for Scottish currency to be given equal status and called for a public information campaign to make the public aware of Scottish notes.

When shown images of notes from the Bank of Scotland, Royal Bank of Scotland and Clydesdale Bank, 33% of the 1,710 people surveyed said they thought the notes were counterfeit. Just over three quarters (76%) were unable to identify where the currency was from.

Mr Carmichael MP recently presented a Bill in the House of Commons calling for Scottish banknotes to be accepted throughout the UK. At present, while Scottish banknotes may be accepted in England, they do not carry the status of legal tender. This Bill would enhance the status of Scottish banknotes and mean a distinction couldn’t be made between these and other banknotes issued in the UK when accepting them as payment.

Mr Carmichael said:

“These figures show just how common it is for people elsewhere in the UK to be confused by Scottish currency.

“If you're Scottish or Northern Irish, chances are that you will have a tale of a time that your banknotes were met with bafflement.

“The UK Government need to encourage businesses across the UK to recognise and accept these notes. Alongside giving their support for the measure outlined in my bill, they should also launch a public awareness campaign to boost public knowledge of the different types bank notes in use across these islands.”


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