Hopefully a simple one for someone, but is manx currency legal tender in mainland britain? I'm asking because one of the children produced a manx 50p coin and offered it to me to swap for a 'normal' one. None of us is quite sure, although it would go into a coin machine ok.
About 5 years ago trucking on the way up to Scotland I stopped at Carlisle North services, which is in Engand. I put my cashcard into a Halifax money fountain (my bank at the time) to withdraw £400 and got it in Bank of Scotland notes.
I didn't want this as I was coming back that day and have problems passing Scottish notes on, anyway... when I complained to my bank, The Halifax, they insisted they 'were legal tender' in England...?
I ended up putting them back into my bank as they were a problem to spend, and the cashier at my local bank put them aside to send back north... what's that all about then?!
As for the Manx coins, as they are exactly the same value & size as mainland coins, they often turn up in loose change un-noticed, and get passed on the same way.
I now accept that manx currency isnt legal here. but it does beg the question if theses a variable exchange rate or is the value pegged to that of the pound sterling? (and would the IOM ever go over to the euro? methinks not, but stranger things have happened)
I live on the South Coast and most of the retailers accept Euros in payment for goods. I appreciate that the Euro is not Manx currency but it isn't legal tender either.
Lots of places in London accept US and Canadian dollars, some places Japanese Yen and other currencies. These most certainly aren't legal tender and whether you can spend them depends entirely on the how keen the shopkeeper is for your custom and the willingness of his bank to accept foreign currency.