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old banknotes / coins
dwlmse
Posts: 2 Newbie
anyone know if Halifax / Santander / Post offices will still take old notes and pound coins right now?
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Comments
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There's a good chance if you are paying them into your account.Evolution, not revolution1
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how old??? 200 years? 1 week? How can anyone answer this?0
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Decimal in the last 20 years.0
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As far as I am aware the banks only accept the old round £1 coins - all other out of date coin would have to be sent to the Bank of England.0
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The BoE only accepts notes, not coins. You can always exchange notes by post with the BoE.jonesMUFCforever said:As far as I am aware the banks only accept the old round £1 coins - all other out of date coin would have to be sent to the Bank of England.Coins are issued by the Royal Mint but accepting any “demonetised” coin is at the discretion of the high street bank.As far as I’m aware individuals can’t return them to the Royal Mint so if the bank won’t accept, try eBay.
Don’t assume any bank will accept them
though as do this person found out: https://www.thisismoney.co.uk/money/news/article-3390519/I-buy-Royal-Mint-commemorative-coins-bulk-credit-card-gain-airmiles-cash-bank-s-refusing-accept-them.html1 -
Some banks do take in demonetised previously circulating coins as deposits - even £sd ones as a courtesy to their customers. The Royal Mint doesn't deal with private individuals but does with big institutions.0
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