Thailand-UK ประเทศไทย-สหราชอาณาจักร

Forums ฟอรั่มส์

Thanks Thanks:  2
Likes Likes:  10
Dislikes Dislikes:  0
Page 2 of 2 FirstFirst 12
Results 21 to 34 of 34
  1. #21
    Premium Member -Keith-'s Avatar
    Join Date
    18 Sep 2002
    Location
    East London
    Posts
    5,375

    Default

    Tobias, compelling reasons or not. Shops can do whatever they want as there is nobody out there to stop them. Many shops around here have signs refusing to take £50 notes.

    As for Credit Cards try this one

    https://www.vanquis.co.uk/understand...-credit-rating
    If you're offended by any assistance I give, it says far more about you than it does me.

  2. #22
    Forum Regular สมาชิกประจำ
    Join Date
    22 Nov 2003
    Location
    Egremont Cumbria
    Posts
    921

    Default

    Quote Originally Posted by Tobias View Post
    Not quite, the shop would have to demonstrate some compelling reason why it could not accept a £20 not if it is a cash business.
    Since when, my understanding is, there’s no requirement for UK businesses to accept cash.
    Even the card merchants are offering better deals to businesses for using card payment. It was even reported that they are even going to offer, a no fee for using contactless payment technology.
    Last edited by Greg / Pairin; 8th Jun 2019 at 10:34.

  3. #23
    Forum Regular สมาชิกประจำ Big AL's Avatar
    Join Date
    16 Aug 2007
    Location
    Luton
    Posts
    731

    Default

    Quote Originally Posted by Tobias View Post
    Not quite, the shop would have to demonstrate some compelling reason why it could not accept a £20 not if it is a cash business.
    Not according to the Bank of England. This is what they say on their website:

    "You 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 you want to pay for a pack of gum with a £50 note, it’s perfectly legal to turn you down. Likewise for all other banknotes, it’s a matter of discretion. If your local corner shop decided to only accept payments in Pokémon cards that would be within their right too. But they’d probably lose customers."

    Where do the "compelling reasons" come from? Demonstrate to whom? What offence would they be committing if they did not demonstrate compelling reasons? As someone else mentioned, signs in small shops, especially charity shops, saying that £20 notes are not accepted are widespread. The Bank of England don't mention anything about "compelling reasons".
    Last edited by Big AL; 8th Jun 2019 at 11:09.

  4. #24
    Premium Member -Keith-'s Avatar
    Join Date
    18 Sep 2002
    Location
    East London
    Posts
    5,375

    Default

    All TfL buses in London are cashless.
    If you're offended by any assistance I give, it says far more about you than it does me.

  5. #25
    Old Hand มือเก่า
    Join Date
    29 Oct 2011
    Posts
    1,603

    Default

    A famous Thai saying or is it English it definitely apply s in Thailand.
    CASH IS KING !

  6. #26
    Old Hand มือเก่า
    Join Date
    27 Jan 2008
    Location
    London
    Posts
    1,476

    Default

    Holty, If your wife got no credit history then it would be difficult for her to get a credit card.

    Sent from my G3121 using Tapatalk

  7. #27
    Moderator Tobias's Avatar
    Join Date
    20 Jun 2003
    Location
    UK/USA
    Posts
    16,481
    Blog Entries
    44

    Default

    We appear to have a number of armchair experts who either haven’t read what I’ve posted or do not understand the legal position. Why so much attention to the currency issue? It has absolutely nothing to do with the topic

    Let’s start with what I said:

    Quote Originally Posted by Tobias View Post
    Not quite, the shop would have to demonstrate some compelling reason why it could not accept a £20 not[e] if it is a cash business.
    I chose my words very carefully, look at the words in bold.

    Of course a business can be a cashless business and choose not to accept cash, an increasing number of businesses have chosen not to accept cash for payment of goods or services, choosing instead to receive payment electronically or by card. My own business has not accepted cash (or cheques) for over 18 years.

    As the BoE rightly points out in its consumer information quoted above (note that what is quoted is not an exposition of the law but a very brief informational (although slightly misleading if read without care), yes a business can chose what method of payment it is prepared to accept be it Pokemon cards, credit/debit cards, Direct Debits, cheque or cash.

    If a business is a cash business then it must accept all legal tender, however it can refuse higher denomination notes if there is compelling reason to do so - such as having insufficient change or if the business cannot be certain the note presented is genuine. It can also refuse to accept 1p and 2p coins if the value tendered is more than (IIRC) 20p. So yes, a business can chose what methods of payment it will accept but if it is a cash business it is obliged to accept all legal tender unless there are reasons not to.
    Tobias - โทเบียส

  8. #28
    Old Hand มือเก่า
    Join Date
    29 Oct 2011
    Posts
    1,603

    Default

    I know its off topic a little but its common sense for a small shop keeper to refuse high value notes £50 ,$100 .
    Anyway back on topic I would start with a mobile phone /broadband provider as a way to build a credit history at the end of the day its down to the company giving the credit what there credit score pass mark is as i found out with British Gas ..So we can say i will not be using there services again .

  9. #29
    Forum Regular สมาชิกประจำ Big AL's Avatar
    Join Date
    16 Aug 2007
    Location
    Luton
    Posts
    731

    Default

    Tobias,

    What is a cash business and what offence would it be committing if it did not have the compelling reasons to which you refer? (The compelling reasons you mention would in any case allow shops to refuse any notes on the grounds that they could not check them.)

    Where is the law on this?

    Thanks.

  10. #30
    Moderator Tobias's Avatar
    Join Date
    20 Jun 2003
    Location
    UK/USA
    Posts
    16,481
    Blog Entries
    44

    Default

    A cash business is a business that accepts cash as a payment method for the supply of goods and services. A business would not refuse legal tender simply because it was unable to check a note was genuine. They would only refuse legal tender if they were unable to satisfy themselves a note was not counterfeit or if they had insufficient change.

    Many shops, particularly small ones, have a policy of not accepting £50 notes, typically because these notes are not that common in circulation and many staff are therefore unfamiliar with them and more likely to miss the many counterfeit ones in circulation. Businesses can refuse any legal tender if they are unable to satisfy themselves the currency is genuine.
    Tobias - โทเบียส

  11. #31
    Forum Regular สมาชิกประจำ Big AL's Avatar
    Join Date
    16 Aug 2007
    Location
    Luton
    Posts
    731

    Default

    Where is the law about this?

  12. #32
    Old Hand มือเก่า
    Join Date
    29 Oct 2011
    Posts
    1,603

    Default

    The end of the the day if someone comes into my shop and buys a stick of gum for 99p and hands me a fifty pound note they would be shown the door take me to court .
    So what come on guys your being petty .
    Its my choice to trade my dozen eggs for a leg of lamb same as its my choice to trade a stick of gum for 99p and what i accept .

  13. #33
    Moderator Tobias's Avatar
    Join Date
    20 Jun 2003
    Location
    UK/USA
    Posts
    16,481
    Blog Entries
    44

    Default

    Quote Originally Posted by Samsung View Post
    The end of the the day if someone comes into my shop and buys a stick of gum for 99p and hands me a fifty pound note they would be shown the door take me to court .
    So what come on guys your being petty .
    Its my choice to trade my dozen eggs for a leg of lamb same as its my choice to trade a stick of gum for 99p and what i accept .
    No one would be taking you to court in that circumstance, and yes of course you can barter if you choose to, there is nothing in law that prevents you from doing so. Indeed no one has suggested otherwise.

    I think we need to get this thread back on topic. None of this currency distraction is at all relevant to the topic of what types of ID banks require from foreign nationals in order to provide services. This is an important topic that will be helpful to future readers so can we please return to the original purpose of the topic.
    Tobias - โทเบียส

  14. #34
    Forum Regular สมาชิกประจำ
    Join Date
    17 Jul 2015
    Location
    South Wales
    Posts
    260

    Default

    Tobias a lot of posts can drift of the topic, Its ok by me
    Hopefully my post will help others with applying for a credit card.

    A big thanks to everyone who replied to my post.
    Great forum where we all learn so much
    Holty

Similar Threads

  1. Settlement Visa..pay by credit card?
    By tudorowen1 in forum UK Visas
    Replies: 2
    Last Post: 27th Dec 2014, 16:43
  2. Credit/debit card got my wife in Thailand
    By PlymouthNick in forum Banking / Sending Money Abroad
    Replies: 9
    Last Post: 6th May 2013, 21:15
  3. Eithad credit card question
    By Andy22 in forum Transport
    Replies: 2
    Last Post: 24th Apr 2010, 22:00
  4. Replies: 11
    Last Post: 16th Apr 2009, 01:04
  5. Credit card application
    By Phet maak ma in forum Banking / Sending Money Abroad
    Replies: 11
    Last Post: 3rd May 2007, 01:54

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •