Businesses can refuse to take cash in most circumstances, according to the Reserve Bank of Australia. Supermarket lockdown rules: Can I pay cash and what are the opening times? UK Yes it is perfectly legal to refuse cash - if it is not in line with the Coinage Act. Roy Bland, St Ives, UK. 'Refusal to accept payment in legal tender banknotes and coins is not unlawful,' it states. If you want to pay for a pack of gum with a £50 note, it’s perfectly legal to turn you down. There are any number of businesses that take only cash. Claim: All businesses in the U.S. are required to accept coins and\/or currency as payment. The elderly and rural communities are some of the people that depend on cash … Are shops allowed to to refuse my £50 notes? Supermarkets are adding new opening times in order to help staff restock. Around here it is the opposite. A shop owner can choose what payment they accept. By Lee Boyce for Thisismoney.co.uk. If your local corner shop decided to only accept payments in Pokémon cards … Is it Legal to Refuse Cash Payment. 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. 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. ... if you owe a sum of money, then the creditor may not refuse accepting legal tender in repayment of that debt. Apr 6, 2018 . Email us at money@the-sun.co.uk or call 0207 78 24516. Just as many retailers refuse to accept cheques or £50 notes, there is nothing to stop them from not taking cash at all. MONEY guru Martin Lewis has settled the argument about whether shops are allowed to refuse cash payments. Likewise for all other banknotes, it’s a matter of discretion. 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