Is it Legal to Refuse Cash Payment. There are any number of businesses that take only cash. Don't forget to join the Sun Money's Facebook group for the latest bargains and money-saving advice. Supermarkets are adding new opening times in order to help staff restock. Just as many retailers refuse to accept cheques or £50 notes, there is nothing to stop them from not taking cash at all. By Lee Boyce for Thisismoney.co.uk. The elderly and rural communities are some of the people that depend on cash … Email us at money@the-sun.co.uk or call 0207 78 24516. Topics 26 March 2020, 13:55. If you want to pay for a pack of gum with a £50 note, it’s perfectly legal to turn you down. Legal tender is a concept based … Claim: All businesses in the U.S. are required to accept coins and\/or currency as payment. Are shops allowed to refuse £50 notes even though they are legal tender - and will we get new polymer ones to beat fakes? By Aaron Larson | Law Offices of Aaron Larson. Published: … Tweet Widget; It is a widely held belief that U.S. law requires that businesses accept cash payments from their customers. MONEY guru Martin Lewis has settled the argument about whether shops are allowed to refuse cash payments. A shop owner can choose what payment they accept. Roy Bland, St Ives, UK. Are shops allowed to to refuse my £50 notes? 'Refusal to accept payment in legal tender banknotes and coins is not unlawful,' it states. The system allowing people to use cash in the UK is at risk of "falling apart" and needs a new guarantee to ensure notes and coins can still be used. Apr 6, 2018 . Likewise for all other banknotes, it’s a matter of discretion. UK Yes it is perfectly legal to refuse cash - if it is not in line with the Coinage Act. ... if you owe a sum of money, then the creditor may not refuse accepting legal tender in repayment of that debt. Around here it is the opposite. Supermarket lockdown rules: Can I pay cash and what are the opening times? 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