Expired Bank Notes

staffie1

I have some old paper £5 and £10 notes. Will the bank still exchange them?

fwor

Google says - by reference to ThisIsMoney - that "If you want to exchange old notes from March (2018), this can only be done at the Bank of England either in person or by post."

eDicky

They should be accepted for deposit into your account, if you have one at a bank with branches or Post Office deposit facility.

alanq

Depends on the bank. Natwest says it will exchange them for its customers.


https://supportcentre.natwest.com/Searchable/996696752/Can-I-change-old-notes-coins-for-new-ones.htm

alanq

fwor wrote: »

Google says - by reference to ThisIsMoney - that "If you want to exchange old notes from March (2018), this can only be done at the Bank of England either in person or by post."

The next sentence is "Some banks, building societies and even retailers may accept the paper notes from March onwards, but there is no guarantee, meaning it is far easier to spend or exchange them before the deadline. "


https://www.thisismoney.co.uk/money/saving/article-5440313/Where-cash-old-10-5-notes-1-coins.html

staffie1

Thanks all for the quick replies.

DCFC79

Come back and let us know how you get on, could be useful for anyone else in the future.

Emily_Joy

I got rid of a few £5 via a Santander's ATM a few weeks ago. Instantly accepted without any issues.

agrinnall

I found an old £10 last year, posted it back to the Bank of England with the exchange form and a few days later the money was in my account.


https://www.bankofengland.co.uk/-/media/boe/files/banknotes/banknote-exchange.pdf

sal_III

eDicky wrote: »

They should be accepted for deposit into your account, if you have one at a bank with branches or Post Office deposit facility.

^This, I deposited mine in a HSBC branch around September. Saved me the faf of sending them to BoE

agrinnall

sal_III wrote: »

^This, I deposited mine in a HSBC branch around September. Saved me the faf of sending them to BoE

It's no faff as I explained, and it was cheaper for me to post it to the BoE than to spend time and money driving to a bank branch, paying for parking, and hoping that they would accept the note.