On-Air Now
Facebook

UK round pounds to remain legal tender in IoM

Sat, 09 Sep 2017


The Island's Treasury is reminding the Manx public that the UK round pounds will remain legal tender on the Isle of Man.

The round coins will stop being legal tender in the UK next month following the introduction of the 12-sided pound coin earlier this year.

However, as UK round coins are spent here, they will be sorted and sent back to the UK by banks, eventually leaving only Manx round coins alongside the new style UK coin.

The Isle of Man Treasury decided not to bring in a 12-sided coin here, releasing a new round coin instead.


 

Subscribe to get Energy FM News direct to your mobile device

You can get Energy FM News delivered direct to your mobile device using one of the following methods.

  • In the Apple News App on iOS search for Energy FM IOM and then just add it to your favourites
  • In the Google News & Weather App just search for Energy FM and then add us as a customised section
  • If you use an RSS Reader then just add our feed to your app, click here for our news RSS feed