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Old bank notes
Comments
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only pay in £250 in old notes per visit
If that's really what they said, have they got a limit on the number of visits you're allowed per day? Not even joking.
If they actually mean "per day" then they should say so!
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if the OP is not the estate administrator they may well have difficulties here. In these circumstances the BoE will need a copy of the grant of probate / letters of administration or a copy of the will so only the the executor / administrator of the estate is going to be able to use that route.
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I was looking at this once for NatWest for someone who asked on Reddit and they let you exchange up to £500 but allowed you to deposit as much as you wanted though recommended calling the day before - you could then move the money out again which achieves the same thing but would not just give you say £10k in new notes in exchange
Sam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
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I have looked at the BoE option but it wouldn't be practicle for me.
i used to live in London and have no wish to ever visit it again. ( especially not with £5000 In cash in my pocket )
I collect my post from the post office once a week so it will have to be 20 weeks of payments i guess.
I could swap my bank account to Nationwide that has a branch in my town and get £175 and have two cash paying in options.
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You can only exchange £300 in old bank notes in a two year period using the post office.
https://www.postoffice.co.uk/banknote-exchange0 -
Open new accounts with different banks. Or could get family members to also do some depositing into their accounts
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that might be cash for cash exchange not into a bank account ?
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