Legally - Can I pay in Sterling if it is advertised in Sterling?

Wilde_37

Many UK companies are duel pricing and the difference would indicate an exchange rate of 150%.

I was in a shop in Limerick recently and was buying a pair of shoes. They were priced at £50 and €75. I went to the till and asked if I could pay in Sterling. I was going to go to the bank and get some if they said yes!

The refused and now I am asking this forum - from a LEGAL viewpoint - if they advertise a price in a currency are they obliged to accept the advertised price in the advertised currency?

Karoma

No. Legal tender* is all they have to accept (And even then, there are limits).
Search this forum for longer answers.




* Legal tender in this case = Irish currency = Euro.

rameire

answer = No

jahalpin

As other posters have said, the only currency that must be accepted in the Republic is Euro.

The sterling price on the label is the price in the sterling zone ie U.K.. The Euro price is the price of the good in the retailers Euro zone ie Republic of Ireland.

The prices are calculated to take account of factors other than currency differences. These include relative costs of staff, insurance etc as well as contribution to fixed overheads. The Euro price charged fr the product in other Euro zone

quinnie123ie

jahalpin wrote: »

As other posters have said, the only currency that must be accepted in the Republic is Euro.

The sterling price on the label is the price in the sterling zone ie U.K.. The Euro price is the price of the good in the retailers Euro zone ie Republic of Ireland.

The prices are calculated to take account of factors other than currency differences. These include relative costs of staff, insurance etc as well as contribution to fixed overheads. The Euro price charged fr the product in other Euro zone

I dont buy that for one second, i know leagally they do not have to honour the stg price but i will not shop in these places, it is too widespread, i would accept a small markup but not 50% in most cases. it was 50% 8 months ago when £1 STG was worth about €1.50eur but recent changes in currency rates means the savings should be passed on...

GerardKeating

quinnie123ie wrote: »

I dont buy that for one second, i know leagally they do not have to honour the stg price but i will not shop in these places, it is too widespread, i would accept a small markup but not 50% in most cases. it was 50% 8 months ago when £1 STG was worth about €1.50eur but recent changes in currency rates means the savings should be passed on...

Not if the stock was bought six months ago..

Cabaal

Nope they do not in anyway have to accept sterling, you can argue it with the company but if you do you only come across as a tit

rubadub

jahalpin wrote: »

As other posters have said, the only currency that must be accepted in the Republic is Euro.

The sterling price on the label is the price in the sterling zone ie U.K.. The Euro price is the price of the good in the retailers Euro zone ie Republic of Ireland.

The prices are calculated to take account of factors other than currency differences. These include relative costs of staff, insurance etc as well as contribution to fixed overheads. The Euro price charged fr the product in other Euro zone

quinnie123ie wrote: »

I dont buy that for one second

What do you not believe in his post?

Another factor he left out is that the main goal of almost every business is to maximise profits, so their prices are also chosen to match what the current market price is. To not charge what you can get would be just stupid.

quinnie123ie wrote: »

but i will not shop in these places

So where will you shop, since the other shops here (without STG labels) will have similar prices.

Also paying extra staff to remove the STG prices will result in a higher € price.

People have paid for books and magazine in euros/punts for DECADES without trying to ask the retailer if they can pay in STG£ or US$, even though those prices shown on the magazine/book can be vastly cheaper.

conolan

I remember hearing about prices on goods in a shop being "an invitation to treat" and not binding.
See this in wikipedia http://en.wikipedia.org/wiki/Invitation_to_treat

Jimdagym

Op should go into a particular well know make clothing store where they have prices from 20 or so prices on the tag identified on the tag. Several of these are differing euro prices. Would the op try and pay the cheapest euro price listed on the tag, even if it was specifically relevant to a different country?

jahalpin

Jimdagym wrote: »

Op should go into a particular well know make clothing store where they have prices from 20 or so prices on the tag identified on the tag. Several of these are differing euro prices. Would the op try and pay the cheapest euro price listed on the tag, even if it was specifically relevant to a different country?

He could always try, I'm sure the staff could do with a good laugh at the moment.

It is totally at the discretion of the retailer what they charge for a product, they could;

1. charge different prices based on location
2. charge different prices based on season
3. charge different prices based on time etc......

The price on the product is only an invitation to treat and the retailer can refuse to sell the product for any reason (exc. reasons coverd by equality legislation).

meglome

I notice Dunnes don't seem to have the Sterling price on most of their stuff any more... weird that. :rolleyes:

Thomas_S_Hunterson

The shop doesn't even have to accept euro if they don't want to. They can demand payment in whatever form they want.

rubadub

meglome wrote: »

I notice Dunnes don't seem to have the Sterling price on most of their stuff any more... weird that. :rolleyes:

Crap, another shop I go to apparently paying staff to remove labels just to appease the ignorant f*cking retards out there. Makes me sick since I am the one going to have to pay for the staff to do this...