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Re: Bank won't take cash to repay debt.

Ste wrote:
> On 9 Nov, 23:55, cobble <cob...@example.co> wrote:
>> ISTR that if you offer to pay in legal tender, and they decline to
>> accept, your debt is discharged.
>
> No, the debt is not discharged until it is paid. However, if the bank
> chose to sue you for the debt, then you could simply pay the cash into
> court, and at that point the debt is legally discharged.
>
>
>
>>  And that legal tender is £1 coins.
>
> Correct. Copper is legal tender for amounts up to 20p. Silver coins of
> 5p or 10p are good for up to £5. Silver coins of 20p or 50p are good
> for up to £10. Higher denominations, that is, coins of £1, £2, or
£5
> denomination, or notes of £5, £10, £20, or £50
denomination, are legal
> tender for unlimited amounts. [Coinage Act 1971]

Lidl refuse to take a Scottish £20 note the other day, saying it was not
legal tender.

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