Felt relevant here. Away with work in Birmingham, which is 100s of miles from home and looking right across as where my bank cards issued from.
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The fixed punt/pound link was broken quite a while back as you say, but the local banks were accepting them 1 for 1 (as were shops) until much later. Not 100% sure but I think it was into the 1990s (definitely well into the 1980s) before the exchange rate was too different for them to absorb.
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I love it that my Fineco card has to get on a plane in Milan to get to me 
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