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  • FIRST POST
    • theshoefairy
    • By theshoefairy 9th Feb 18, 1:03 PM
    • 131Posts
    • 10Thanks
    theshoefairy
    Old Bank Notes
    • #1
    • 9th Feb 18, 1:03 PM
    Old Bank Notes 9th Feb 18 at 1:03 PM
    I have discovered a few old Five and Ten pound notes. Does anyone know if I can still exchange these at banks?

    Many thanks
Page 1
    • tomthered
    • By tomthered 9th Feb 18, 1:05 PM
    • 213 Posts
    • 55 Thanks
    tomthered
    • #2
    • 9th Feb 18, 1:05 PM
    • #2
    • 9th Feb 18, 1:05 PM
    If you go to your bank they will do it for you, that's what I did with mine
    • theshoefairy
    • By theshoefairy 9th Feb 18, 1:15 PM
    • 131 Posts
    • 10 Thanks
    theshoefairy
    • #3
    • 9th Feb 18, 1:15 PM
    • #3
    • 9th Feb 18, 1:15 PM
    Thank you, Was there a cut off point at any time or are they definitely still doing it? I have looked online but haven't been able to find anything.
    • Kim_13
    • By Kim_13 9th Feb 18, 1:24 PM
    • 1,901 Posts
    • 2,035 Thanks
    Kim_13
    • #4
    • 9th Feb 18, 1:24 PM
    • #4
    • 9th Feb 18, 1:24 PM
    Old fives are no longer legal tender as of last May, so you're relying on a bank's goodwill to change these. Some may accept while others refuse, and you may also get some cashiers that decline and some that accept within the same bank.

    Old tens remain legal tender until 1 March, so all banks and shops will take these until at least that date. Most if not all banks will then give a grace period, but the length varies.

    If you have no luck with the withdrawn notes, the Bank of England will exchange them at any time. See here: https://www.bankofengland.co.uk/banknotes/exchanging-old-banknotes
    Sealed Pot 11 #520 ~ /100
    VSP 2018 #9 ~ 19.55/180.00
    CCCC 2018 #1 ~ 20.75/180.00

    I'm a Board Guide on the Savings and Investments , Budgeting and Bank Accounts , Credit Cards and Marriage, Relationships and Families boards which means I volunteer to help get your forum questions answered and keep the forum running smoothly. Please remember, board guides don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this.) Any views are mine and not the official line of MoneySavingExpert.com
    • teddysmum
    • By teddysmum 9th Feb 18, 1:29 PM
    • 8,989 Posts
    • 5,352 Thanks
    teddysmum
    • #5
    • 9th Feb 18, 1:29 PM
    • #5
    • 9th Feb 18, 1:29 PM
    I found an old 1 note but the Co-op bank wouldn't take it, even as a donation to charity. (I didn't expect a personal payment).
    • Katiehound
    • By Katiehound 9th Feb 18, 1:37 PM
    • 4,271 Posts
    • 38,649 Thanks
    Katiehound
    • #6
    • 9th Feb 18, 1:37 PM
    • #6
    • 9th Feb 18, 1:37 PM
    I found an old 1 note but the Co-op bank wouldn't take it, even as a donation to charity. (I didn't expect a personal payment).
    Originally posted by teddysmum
    Blimey- where was that lurking???
    The phrase purse and moths comes to mind......
    When did 1 notes go?- a while ago I'm thinking....

    However a charity shop such as Oxfam would be pleased to get it I'm sure (or any other charity shop that accepts foreign / old currency.)
    Being polite and pleasant doesn't cost anything!
    If you found my posting helpful please hit the "Thanks" button!
    Many thanks

    2018 Wombling : Entrant 8 ..39 cc+.840mm(84p) + RK 3.07= 4.30
    • bengal-stripe
    • By bengal-stripe 9th Feb 18, 3:04 PM
    • 3,191 Posts
    • 2,083 Thanks
    bengal-stripe
    • #7
    • 9th Feb 18, 3:04 PM
    • #7
    • 9th Feb 18, 3:04 PM
    When did 1 notes go?- a while ago I'm thinking....
    Originally posted by Katiehound
    1 coins were introduced spring or summer of 1983.
    About a year later, 1 notes stopped being legal tender.
    • Katiehound
    • By Katiehound 9th Feb 18, 3:19 PM
    • 4,271 Posts
    • 38,649 Thanks
    Katiehound
    • #8
    • 9th Feb 18, 3:19 PM
    • #8
    • 9th Feb 18, 3:19 PM
    1 coins were introduced spring or summer of 1983.
    About a year later, 1 notes stopped being legal tender.
    Originally posted by bengal-stripe
    Didn't realise it was that long ago.......certainly collector's piece now then! (in fact if not antique then vintage!)
    Being polite and pleasant doesn't cost anything!
    If you found my posting helpful please hit the "Thanks" button!
    Many thanks

    2018 Wombling : Entrant 8 ..39 cc+.840mm(84p) + RK 3.07= 4.30
    • Shakin Steve
    • By Shakin Steve 9th Feb 18, 3:45 PM
    • 1,395 Posts
    • 1,121 Thanks
    Shakin Steve
    • #9
    • 9th Feb 18, 3:45 PM
    • #9
    • 9th Feb 18, 3:45 PM
    I found an old 1 note but the Co-op bank wouldn't take it, even as a donation to charity. (I didn't expect a personal payment).
    Originally posted by teddysmum
    I'd have given you a pound for it.

    http://www.ebay.co.uk/bhp/old-one-pound-note
    Last edited by Shakin Steve; 09-02-2018 at 3:47 PM.
    I came into this world with nothing and I've got most of it left.
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