Withdrawing Cash in £5 denominations

Megalomaniac

If they can hold £5 notes, why don't they give you the option for a fiver then? Would be much more helpful than withdrawing £10 and then carrying around £7 or £8 of change because the shop didn't have any fivers left itself. I almost think £5 notes are rarer than £2 coins nowadays!

Lokolo

Megalomaniac wrote: »

If they can hold £5 notes, why don't they give you the option for a fiver then? Would be much more helpful than withdrawing £10 and then carrying around £7 or £8 of change because the shop didn't have any fivers left itself. I almost think £5 notes are rarer than £2 coins nowadays!

If you press "Other amount", you can type in £5 and it will give you £5

Thats what we do at uni anyway.

They're also brand new crisp notes, with the serials all in order, its awesome

Megalomaniac

Lokolo wrote: »

If you press "Other amount", you can type in £5 and it will give you £5

Thats what we do at uni anyway.

They're also brand new crisp notes, with the serials all in order, its awesome

At uni (scarily over 5 years ago), I always used to go to the Lloyds cash point rather than Natwest because they had £5 notes readily available. I have given up pressing other amount elsewhere because notes of that denomination are not available. Here in Durham, I haven't found anywhere that gives out the fivers.

dunstonh

If they can hold £5 notes, why don't they give you the option for a fiver then?

There is only a limited capacity for notes in the machine. So, lets say it can hold 100,000 notes, if they are 10s then thats double the capacity in money than a 5.

What used to happen a lot is that machines used to run out of money in some areas when filled with 5s.

Modern machines have increased the capacity and that could allow some to issue 5s again as has been reported.

LeeSouthEast

Go into a Barclays branch - their inside cash machines dish out fivers.

Megalomaniac

LeeSouthEast wrote: »

Go into a Barclays branch - their inside cash machines dish out fivers.

...and a chance to win tickets to a Premier League match of your choice

withnell

I think most "university" machines have 5ers in them anyway - I've never used a machine on the high street that had them in though, so will be good to see how far this spreads

iblametheparents

Barclays do still stock £5s in some cash machines, the outside my office does and I've withdrawn fivers from Barclays and HSBC in my city centre.

456789

http://news.bbc.co.uk/1/hi/business/8398155.stm

The Bank of England has said it will urge banks to increase the availability of £5 notes in their cash machines.
It will also ask shops to give out more fivers in change to meet demand from consumers for the note.

The Bank had asked HSBC and supermarket Sainsbury's to issue more £5 notes, and feedback from HSBC showed the case for stocking some cash machines with fivers was stronger than previously envisaged, he said.
HSBC had stocked 100 of its cash machines in the Midlands and south west of England with more fivers than usual.
Meanwhile, Sainsbury's reported that by using more £5 notes it had been able to speed up payment processing at the checkout
"In the New Year I hope and expect that we will take these examples to other financial institutions and major retailers to make the case for a change of policy towards issuing £5s," said Mr Bailey.
Popular question
Speaking to the BBC in February, Mr Bailey said the questions he was asked more than any others were why there were not enough £5 notes in circulation and why they were not good enough quality to last very long.

stclair

LloydsTSB on Grey Street in Newcastle dispenses crisp fivers