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24 Jul 2026

Cycle finance values rose by almost 18% year on year in Q2 2026, according to new data from ACT service partner V12 Retail Finance, suggesting consumers continue to make higher-value cycling...

23 Jul 2026

West Midlands Police has dropped charges and reimbursed the owner of a £6,500 e-bike after admitting a test used to seize and destroy the legally compliant machine was inaccurate,...

23 Jul 2026

ACT parent company Bira has called for wider business rates relief for the high street. It comes after pubs, clubs and live music venues were handed a further 20% cut.

21 Jul 2026

There has never been a better time for local bike shop owners to invest in the next generation of cycle technicians. Here’s how your shop can benefit from the government’s new youth...

15 Jul 2026

The ACT has welcomed new rules protecting Buy-Now, Pay-Later shoppers, which came into force this week.

14 Jul 2026

New polling reveals the public cannot tell a road-legal e-bike from a non-road-legal one, as the two main cycle industry bodies, the Bicycle Association (BA) and the ACT, launch a new safety...

9 Jul 2026

ACT parent company Bira has warned that a new cap on Royal Mail's daily business collection capacity could cause serious problems for small retailers during the most important trading period of...

8 Jul 2026

Amazon and safety certification organisation UL have secured a court order preventing five e-bike and e-scooter companies from falsely claiming their products were UL-certified, marking another...

7 Jul 2026

The illegal use of electric off-road motorbikes and modified e-bikes fitted with throttles that effectively convert them into mopeds or motorbikes has become a road safety priority, according to...

1 Jul 2026

The ACT has warned that rising employment costs are quietly killing off one of the industry's most important entry points,  that being the traditional Saturday job.

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Know your Scottish Polymer ?50 notes - Information for Retailers

Posted on in Business News , Cycles News , Creative News, Outdoor News, Political News

As paper-money-2078084_1920a consequence of the introduction of the Polymer series of Scottish Bank notes to replace the older paper series of issued notes the levels (quantities) of counterfeit Scottish Bank notes in circulation has been significantly reduced.

However, counterfeit Polymer Bank of Scotland £50 notes are now being seen in circulation. At present the passing of these counterfeit Scottish £50 notes seem to be occurring principally in England, with some now being seen in Northern Ireland.

In order to assist Retailers in determining whether the Polymer Scottish £50 notes they receive as payment are genuine, the ACBI following consultation with the UKNCO have produced the document Know your Scottish Polymer £50 notes.

This document highlights the key significant features in the two notes: Colour Changing Ink (BoS only), Window(s), Holographic Foil and Raised print (name of Bank). The counterfeit notes can be readily recognised by checking four features when the notes are passed to you or during subsequent checks. It is however important that you do not focus on just one security feature.

The passing (or tendering) of counterfeit currency is a crime and should be reported to your Local Police and Not Action Fraud. The Police will require the counterfeit note(s) together with any other relevant evidence / information for example: CCTV of suspects, details of vehicle they were using etc.

The Scottish Issuers have confirmed that both the paper £20 & £50 notes will be removed from circulation on 30th SEPTEMBER 2022.

 

Know your Scottish Polymer £50 notes - Information for Retailers

 

 

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