1 Answer

A Gibraltar bank note to the value of (say) 5 pounds sterling has exactly the same true value as a Bank of England bank note to the value of 5 pounds sterling or a 5 pound note issued by one of the socttish bank, etc.

Most will also 'swap it in the drawer' for you so you don't have to pay it in, but they should certainly allow you to pay it in. Be quite forcefull on the point that it is Pounds Sterling, just a differrent issue of note to the same value.

It is not however 'legal tender' in the UK - this means people are not obliged to accepted it. They are free to accept it, and it is perfectly legal for them to accept it, its just that they arn't forced to. The same is true in revers in Gibraltar.

Do however make sure you ask at a bank you have an account with, since there is a wee bit of hastle to them (since they don't want to give it back to the next person) but any decent highstreet bank you have an account with should do it.

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