Can a shop refuse to take cash in uk
WebYou might have heard someone in a shop say: “But it’s legal tender!”. Most people think it means the shop has to accept the payment form. But that’s not the case. A shop owner can choose what payment they accept. If … WebApr 25, 2024 · At Budget in March 2024 the government committed to legislate to protect access to cash in the UK. Following this, the government brought forward a consultation on Access to Cash in July 2024. The consultation sought views on legislative proposals to make sure people only need to travel reasonable distances to pay in or take out cash.
Can a shop refuse to take cash in uk
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WebOct 24, 2024 · Kevin Nelson, from Penge in south-east London, asked whether retailers can refuse to take cash. Short answer: yes they can. A shop owner can choose what payment they accept. If a customer wants to pay for a pack of gum with a £50 note, it’s perfectly legal to turn them down. WebCan shops refuse to accept cash UK? According to the Money Saving Expert, shops are legally allowed to refuse cash payment for items as long as they are not discriminating against the customer. The issue was mentioned on the ITV's 'The Martin Lewis Money Show', where the discussion of legal tender was brought up.
WebYou might have heard someone in a shop say: “But it’s legal tender!”. Most people think it means the shop has to accept the payment form. But that’s not the case. A shop owner … WebAccording to the Money Saving Expert, shops are legally allowed to refuse cash payment for items as long as they are not discriminating against the customer. The issue was …
WebOct 24, 2024 · Kevin Nelson, from Penge in south-east London, asked whether retailers can refuse to take cash. Short answer: yes they can. A shop owner can choose what … WebThe reason is that whilst they are legal tender, they are not legal currency in the UK - i.e. the shop keepers are obliged to accept them but are not legally allowed to give them out as change ...
WebOct 17, 2024 · James Andrews. Martin Lewis has said that shops are within their rights to only allow card payments during the Covid-19 pandemic- and are not breaking the law by …
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