Paying in Old Pound Coins

iproposterous

I have read on the Internet that a number of banks are accepting old pound coins until the end of 2017.

Can anyone confirm if Nationwide is accepting them?

DCFC79

iproposterous wrote: »

I have read on the Internet that a number of banks are accepting old pound coins until the end of 2017.

Can anyone confirm if Nationwide is accepting them?

According to a link thats 2 months old NW will accept them so go in and ask.

If you can use the Post Office to pay money in then try there.

You got any other accounts ? Try there.

YorkshireBoy

Nationwide have a secure messaging facility. Ask them.

Nationwide call centre is a Freephone number. Ring it.

All branches have Freephone numbers. Ring yours.

I'd go for option 3 personally, because option 1 won't be quick, and option 2 risks misinformation being given. Option 3 means you'll likely talk to someone with first hand knowledge.

You may find there's a restriction. Information on the Nationwide website suggests 5 bags. In the same section it says they'll continue to take old £1 coins after 15th October, but doesn't give an until date. That would say to me there isn't one...because if there was they'd say so? But you probably saw that information when you searched their site for "old £1 coins"?

Neil_Jones

Santander will take them for the foreseeable future. Their machines only deal in notes so you have to take them to the counter to pay them in and the last time I did this the lady on the counter said there wasn't an end date as such.

I'd be very surprised if any bank doesn't take them for paying-in purposes, after all as above not all automated machines can take coins, plus its the easiest way to gather them and send them back to the Bank of England, surely?

Neil_Jones

My bad. Learn something new every day.

jonesMUFCforever

Banks will accept them for account holders but some limit amount of bags per day.

p00hsticks

I changed £12 worth in a NatWest last week - I offered to have them paid into my account but the cashier was happy to just swap them for me.

Ironically it was the first time in years I've been into a bank branch and I got home to find out that RBS had just announced they were closing it !

Imvrasos

I deposited a small amount of obsolete pound coins in my Nationwide branch last month.

dawyldthing

Barclays did a few weeks back as we paid one into my mums account. Nationwide are normally pretty good so I recogn you should be able to pay it in ok

Mchambers

Swapped an old £1 coin in Santander today. Did not even ask if i banked with them.

glider3560

Saw someone changing old pound coins in Lidl at the weekend. Staff shoved the old coins in a bag and put them to one side.