25/01/10 - 16:15 #11. . Would you like to give more detail? However, the bubble has now burst, and investors are moving on says Dominic Frisby. Banks that allow you to exchange paper notes will generally allow you to deposit the money into the account that you hold with them. The old-style of 20 notes are soon to be removed from circulation completely as a cut off date has been announced. There's more information on exchanging notes here . Paper 20 and 50 notes . Regardless of their age, there are ways to get some money back for them but we encourage everyone who can to consider donating their old currency to charity where possible. . Never had any problems spending Scottish banknotes south of the boarder. This means that we may include adverts from us and third parties based on our knowledge of you. Unique serial numbers are the easiest to find with collectors particularly favouring lower serial numbers or those with sequences such as 888888. Are housebuilder stocks looking cheap for dividend yields? oh, so not so hard to get hold of this funny english money!!!! But banks don't legally have to keep accepting old money, so it's worth checking with yours before you head to a branch. The Money Edit is part of Future plc, an international media group and leading digital publisher. I tried to pay in a NatWest cheque using the Halifax app and it failed. Those of you who are looking to sell large amounts of coins without searching through or trying to sort them may have better luck by selling them as a job lot. In fact, even if a note's ripped, smashed or otherwise vandalised, as long as there's enough left to identify what it was, they will swap it for a new one. Wed also like to use some non-essential cookies (including third-party cookies) to help us improve the site. We often link to other websites, but we can't be responsible for their content. Does it have to be BoE notes? Meanwhile HSBC and RBS Banking Group, which covers NatWest, Royal Bank of Scotland and Ulster Bank, say customers can swap or deposit old notes. Old paper 20 and 50 notes are no longer legal tender but you can exchange them at the Bank of England, some Post Offices and many high street banks will accept them too. A new polymer 20 note featuring JM Turner will be issued in 2020 replacing the current paper notes. Luckily, most banks and even the Post Office will accept old pound coins, as long as they are in decent condition and not too damaged. You will need to bring proof of ID and proof of address. In person: If you can and want to, you can swap your old notes at The Bank of England Counter, in Threadneedle Street, London. But as of October 2022, shops will no longer accept paper notes. The Post Office has an agreement with all high street banks that allows them to accept a persons withdrawn banknotes and deposit the equivalent pound value into their usual bank account. Alternatively, you may use. Doctor who delivered Vladimir Putin's love children with mistress dies suddenly after revealing existence of his two, Exclusive: Matt Hancock told to quit as MP after WhatsApp messages over care home Covid, Ex-Leeds United footballer jailed for 17 years after raping teenage girl and taking, Jeremy Clarkson denies he has been axed from Who Wants To Be A Millionaire? 1.5K Posts. Withdrawn coin denominations from before the decimalisation of the UKs currency system sell for much greater values than their equivalent worth in pounds, especially if youre lucky enough to have them in good condition. But the bank warns that waiting times can be over an hour. 0. This info does not constitute financial advice, always do your own research on top to ensure it's right for your specific circumstances and remember we focus on rates not service. Theres just a few days left to pay with old style paper 20 and 50 bank notes as the last day to spend them is 30 September. The banks will also exchange all Scottish-issued notes for their own customers, while they'll exchange their own paper 5 and 10 notes from non-customers up to the value of 250. The Bank of England's head office in London's note exchange desk lets anyone with an out of date note swap it for a current one meaning anyone with an old note can head there and swap their paper tenners. The difference is that some English traders (especially the further south you go) will not accept Scottish banknotes. The Bank of England says that the easiest way to exchange notes is by depositing them with your UK bank account, if you have one. The Bank of England has told us it doesn't know the exact make-up of the notes still out there, so some of the missing 10 notes will predate the Darwin design - occasionally, the bank does see notes from as far back as the 1960s being returned. Barclays says you can deposit old notes if you have a UK bank account with it. LBC Keep in mind that it may not be in your best interest to send large amounts of money via post. Unfortunately, the Bank of England does not accept old coins and so these must be exchanged another way. It also says you can send notes to it by post, but at your own risk. Santander also said it will allow customers to deposit old 10 notes into their accounts after March 1, as did Barclays, Lloyds Bank, Halifax, Bank of Scotland, HSBC and Nationwide Building Society. "The Sun", "Sun", "Sun Online" are registered trademarks or trade names of News Group Newspapers Limited. If you have any other questions you would like to see featured then please let us know. These are the notes you can exchange at a Post Office. Get your evaluation quick! England and Wales company registration number 2008885. Future Publishing Limited Quay House, The Ambury, This can be a valid passport, driving licence or an national identity card from any EU country. Anything I post is my opinion, so from time to time I may be wrong. Always remember anyone can post on the MSE forums, so it can be very different from our opinion. This has very limited use in real life however and essentially means that any shop or other place where you try to spend the coins is not required to accept them. Nothing searched for. By post: You can also post your old notes to the Bank, but note that this is done at your own risk and you may want to insure yourself against loss before sending banknotes in the post. We look at Taylor Wimpey, Persimmon and Barratt Developments. Virgin Money says Old notes can be exchanged in any Virgin Money store up to the value of 250. The new plastic version of the 50 bank note is part of the Bank of England's process to replace all paper notes. These often have notices saying whether they accept old coins and notes and are an easy way to get rid of any small quantities you have lying around. Innes Wight, Cambelltown, Scotland Dave from Sutton actually has it the wrong way. Some of these banknotes are of very high value, including 1 million banknotes (known as Giants) and 100 million banknotes (known as Titans). Maybe. Or by navigating to the user icon in the top right. To use our mobile site, please enable JavaScript. We use the Halifax/BOS. This topic has been closed to new posts due to inactivity. 4am - 7am. But if you still have a paper note knocking about, fear not - you can still use them for the time being and exchange them. Scottish notes aren't legal tender in England or Scotland. Even though you cant spend these old paper notes, its worth checking old bags, wallets and even the kids money boxes as you can still exchange old 20 and 50 notes. They were both replaced with plastic "polymer" versions. Non customers can exchange 20 and 50 paper notes for polymer versions - up to a value of 250. You can read more about how we use this power in the Scottish and Northern Ireland Banknote Issuance Annual Report. The Bank of England is a 'prescribed person;, which means that you can make a whistleblowing disclosure about the Scottish and Northern Ireland banknote regime to us instead of your employer. Taking your old currency to your bank is a good way to quickly get it exchanged without having to worry about posting it. The six Scottish and Northern Ireland banks must, by law, set aside assets that are worth at least the value of all of the banknotes they have in circulation. I have certainly done Bank of Scotland business at Halifax branches and never had a problem. If your bank wont accept your old currency, its worth taking them to your local Post Office branch. When this happens, the Bank of England will usually give a set time period for people to exchange their old currency for the new coins or notes that are being released. We investigate whether its better to choose an investment platform with flat fees, or whether percentage charges could work out cheaper. It's more common than you might think, the Bank of England says there are still a whopping 212million paper notes in circulation that can no longer be used. All you have to do is fill out the form below and attach a clear image of both sides of the coin. Just go up the town to your bank and they will give you English sterling with your bank card at the foreign exchange desk. But though the same currency is used in all four nations of the UK (England, Scotland, Wales and Northern Ireland), Scotland has its own banknotes. 18 December 2016 at 1:58PM. Lloyds says customers can exchange or deposit 20 and 50 paper Bank of England or Bank of Scotland bank notes into Lloyds Bank, Halifax or Bank of Scotland accounts. You can deposit out-of-date banknotes up to the value of 300 every two years into your bank account at some local Post Offices. Martin Kearsley, banking services director at the Post Office - which has 11,600 branches across the UK, has said: "Thanks to an agreement with all UK high street banks, everyone can deposit cash and cheques, including any old notes, into their usual high street bank account at their local Post Office branch.". When it comes to banknotes, there are a few things to look out for to determine their collectability. We look at what to do with old 20 and 50 paper notes and where to exchange them for new polymer versions. But the Bank has warned of long queues and waiting times and has said: if you arrive after midday it is possible we will have reached capacity and you may not get served before we close. Northern Irish banknotes. Yes, you can. Banks and building societies happy to exchange the old notesinclude Halifax, Lloyds, Nationwide, Barclays and HSBC - though keep in mind they may have a cut-off date. Forum Member. Alternatively, you can email us at whistleblowing@bankofengland.co.uk or write to: IAWB Team, Legal Directorate, Bank of England, Threadneedle Street, London EC2R 8AH. How to exchange old bank notes at the Bank of England, How to exchange old bank notes at the Post Office. Youll be given the same value back in the new polymer notes. Find all the participating Post Office branches where you can exchange old notes. Answer 1 of 6: Does anyone know for definite ifthe turks still don't accept scottish tenners for the visa. As always you can unsubscribe at any time. This works out at 242 million individual 20 notes and 106 million paper 50 notes. All rights reserved. Disclosures made to us will be dealt with by a dedicated whistleblowing function. Paper 10 notes were withdrawn as a legal tender last March and paper 5 notes were scrapped in May 2017. The Scottish banks issue notes in denominations of 5, 10, 20, 50 and 100. This means you cant use them in shops or as payment any more. To see all content on The Sun, please use the Site Map. In theory vending machines won't take them and shops will refuse them - but they don't have to say no. Nationwide, Santander and TSB told The Sun that customers can deposit - not exchange - notes at their branches. Finally, the new 10 note which was issued in September 2017 now has Jane Austen on it. LBC News The Bank of England counter is open from 9.30am 3pm from Monday to Friday. Email us at money@the-sun.co.uk, I worked in Wetherspoons for 5 years - here's the dishes you should avoid, Iconic dessert making a comeback in cost of living crisis - it only costs 2, Aldi shoppers rush to buy heating gadget that warms up your room 'in minutes', High street giant to close depots putting 1,400 jobs at risk as it shuts shops, News Group Newspapers Limited in England No. In order to claim youll need to fill in the Bank of Englands damaged banknote application form (opens in new tab). Whistleblowing is when an employee reports suspected wrongdoing at work. Ian Payne If there are not any, or if you do not feel able to do so, you can contact us on +44 (0)20 3461 8703 during office hours. This is the version of our website addressed to speakers of English in the United States. The polymer 5 note, meanwhile, was issued in September 2016 and . In short, we are responsible for checking if the six Scottish and Northern Ireland banks that issue banknotes are complying with the asset-backing rules. Luckily though banks will still accept these coins so you are not out of luck if you happen to own one of over an estimated 100 million old pound coins still out there. We use your sign-up to provide content in the ways you've consented to and improve our understanding of you. Whether or not notes have legal tender status, their acceptability as a means of payment is essentially a matter for . Debit cards, cheques and contactless aren't legal tender anywhere. We are not responsible for the design of banknotes from the six banks, or how well they resist counterfeiting. If youre looking to exchange old banknotes in return for useable money of equal value, your best bet is to send it directly to the Bank of England. All rights reserved. you should try the halifax app for the next one, you get cleared funds the next day The app for paying in cheques only works if the cheque is drawn on a bank that also uses the updated cheque clearing system. Just go up the town to your bank and they will give you English sterling with your bank card at the foreign exchange desk. The assets can be a combination of Bank of England banknotes, UK coins and funds held in an account at the Bank of England. Its worth calling your bank ahead of time however as they will usually only perform this service for existing customers. But do be aware, the Bank of England may have long queues and that after midday you may not be able to be served if its reached capacity. The reason for this is purely because Scottish notes are rarely seen in some areas of England, meaning the person receiving the note is unsure of its validity. If your bank doesn't accept old notes or you can't access it via a post office, don't worry. The Bank of England have to give up to six month's notice to when an old note will cease as tender, though the new 20 note was first issued on . 2022 report Some more recent withdrawn coins can be worth more than their face value as well. Cash of less than 20 will be exchanged for polymer notes. "So make sure you check behind the sofa, empty old coat pockets and go through old wallets to see if any of it's yours.". The further back you go in date, the more youre likely to fetch. The Bank of England will honour every banknote that has ever been issued by them, regardless of how long ago it ceased to be legal tender. 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"But these new figures show that's far from the case in fact, a massive amount of cash is still out there. so do note you use the information at your own risk and we can't accept liability if things go wrong. This is generally referred to as 'making a disclosure in the public interest'. It will be at the discretion of retailers and service providers as to whether to accept them after this, but they don't have to. Misprinted banknotes that feature errors are much harder to find, and often quite difficult to spot. . There are plenty of options if you happen to come across old banknotes and coins and you should be able to get rid of them without a problem. You may need an ID when exchanging notes. Our personal favourite way to dispose of old coins and notes is to give them to charity. Does it have to be BoE notes? Visit our corporate site www.futureplc.com Future Publishing Limited, Quay House, The Ambury, Bath BA1 1UA. Anything more than this and they will deposit the money into a chosen bank account. Coins such as the Bank of England 2, an old-style 2 coin that was removed from circulation in 1997, are worth almost 6 to collectors. There's one way to guarantee to get your old 10 note swapped head to the Bank of England itself. In fact, the only advice given by the Royal Mint themselves on the topic is to try your luck with a high street bank. Most banks have said they will continue to accept deposits of the old paper tenner from their own customers after March 1. This was the same date that the old 50 note expired. Nationwide says it accepts old notes (and coins) from existing members as they have to be paid into an existing account they hold with the Society. But, according to the Bank of England, there is around 6bn worth of 20 paper notes and over 8bn worth of paper 50 notes in circulation thats around 300 million individual 20 notes and 160 million 50 notes that havent been used before the notes were withdrawn from circulation. Listen to Some folks will tell you that they'll accept Scottish notes but do you really want to take that chance? The latest notes to be withdrawn from use are paper 20 and 50 notes, meaning people could be refused from using them from 1 October. or Do note, while we always aim to give you accurate product info at the point of publication, unfortunately price and terms of products and deals can always be changed by the provider afterwards, so double check first. Subscribe to MoneyWeek now and get your first six magazine issues absolutely FREE, Elizabeth Fry 5 note ceased to be legal tender on 5 May 2017, Adam Smith 20 note ceased to be legal tender on 30 September 2022, Charles Darwin 10 note ceased to be legal tender on 1 March 2018, Boulton & Watt 50 note ceased to be legal tender on 30 September 2022. Coinciding with what would have been his birthday, the Bank of England today has released its newly-designed 50 bank note, featuring mathematician and computer scientist, Alan Turing. Paper 10 notes were withdrawn as a legal tender in March 2018 and paper 5 notes were scrapped way back in May 2017. RBS/NatWest has said it will continue to accept old 10 notes from its own customers after March 1. on the web. Lloyds says customers can exchange or deposit 20 and 50 paper Bank of England or Bank of Scotland bank notes into Lloyds Bank, Halifax or Bank of Scotland accounts. You will need to take photo ID so that the Post Office can keep track of how much you exchange and do not exceed the limit. No time limit on when this will end. To inquire about a licence to reproduce material, visit our Syndication site. If you are an individual, you can exchange your banknotes with the Bank of England over the counter or by post, but you must fill out an application form and take into consideration safety measures against loss or theft. Holders of these notes should exchange them with AIB as soon as possible. When presenting notes at the counter youll also be asked for one form of photo ID. . You can also exchange them by posting them to the Bank. The paper 10 notes is officially no longer legal tender. Does it have to be BoE notes? Oxfam An organisation dedicated to ending poverty and providing the means to live to millions of people around the world, Midlands Air Ambulance Provides life-saving air support to six Midlands counties, Alzheimers Society Supports people affected by dementia and funds research towards a cure. You can exchange them at your local Post Office, bank, or with the Bank of England itself for face value. Banks that allow you to exchange paper notes will generally allow you to deposit the money into the account that you hold with them. Not only was Turing a computer pioneer, he broke the Enigma code during World War II, aiding British and Allied forces in claiming victory. Youll need to send your damaged note to the Bank of England and in most cases - providing you have at least half the note you can get its full value repaid to your bank account. This topic has been closed to new posts due to inactivity. Check out these 10 holiday destinations which remain cheap despite rising inflation. The Post Office may also accept withdrawn notes as payment for goods and services, or as a deposit into any bank account you can access with them. This means that, if one of the banks failed, the backing assets could be used to reimburse everyone who has one of its banknotes. Did not even know they existed but a quick googley shows they do. Old 20 and 50 paper notes stopped being legal tender in the UK on 30 September 2022. Report inappropriate content . View our online Press Pack. TSB says old 20 and 50 paper notes are still accepted over the counter in branches to deposit in TSB accounts. In some cases you may be able to exchange some old paper notes for the current polymer version at selected Post Offices. Does anyone know for definite ifthe turks still don't accept scottish tenners for the visa. These paper notes are no longer legal tender, meaning they can't be used to pay in shops, but the good news is you can still deposit them or exchange them for cash. For example, Iceland has said it will keep accepting paper tenners until Easter Monday (April 2). The six Scottish and Northern Ireland banks must, by law, set aside assets that are worth at least the value of all of the banknotes they have in circulation. You cant spend old paper 20 and 50 in the shops any more but you can exchange them at some banks. This should be done by recorded or special delivery - however once again it warns that this too could mean, a wait time for your payment may be in excess of 30 days. The counter is open between 9:30 am and 3 pm on weekdays. There are three types of banknotes in the UK: Scottish banknotes. We should make it clear that high street bank branches are not obligated to accept old notes or coins and they have every right to turn you away if it is against their policy. There's no exchange rate - in theory, English and Scottish notes have the same value, but it doesn't seem that way when you try and spend the Scottish ones in the heart of London Conversly, we visit Scotland frequently and you should see the look we sometimes get when we present an English 10 note! We often link to other websites, but we can't be responsible for their content. Old pound coins are no longer legal tender. You will need to complete this form and provide a copy of some photo ID. cheers rwb, will start looking out for a few. The Charles Darwin 10 note stopped being legal tender at 23:59 on March 1. For further details of our complaints policy and to make a complaint please click this link: thesun.co.uk/editorial-complaints/, MoneySavingExpert reveals there are 222million paper notes out there that can no longer be used, First look at new Gruffalo 50p coin now on sale with prices starting from 10 each, paper 5 notes were scrapped way back in May 2017, polymer 20 note featuring JM Turner will be issued in 2020, slippery and "easier to lose than old ones", Royal Mint is "to release new Beatrix Potter 50p coins including Peter Rabbit", Independent Press Standards Organisation (IPSO). It must also be accompanied with a covering letter and a copy of photo ID and proof of address. It is closed at the weekend and on bank holidays. Santander cuts benefits on 123 account Some banks including Bank of Scotland, Barclays, Halifax, HSBC, Lloyds, NatWest, Royal Bank of Scotland and Ulster Bank will allow customers to deposit old paper notes. But can you still exchange them, will banks - or anyone else - accept them and what should you do with any you find? oh, so not so hard to get hold of this funny english money!!!! But it's not just new notes to watch out for. Whilst out and about, keep an eye out for charity collection boxes in particular. The Bank of England suggests that unless you need to swap your notes urgently you consider sending them in by post (opens in new tab). If youve got genuine Bank of England bank notes that have been through the wash, been chewed by the dog or torn or damaged you may be able to get your money back. The Post Office will deposit old Scottish paper notes into your bank account, which you can then withdraw. For claims of 700 or more, you may need to provide additional proof of ID and address. Royal Mint is "to release new Beatrix Potter 50p coins including Peter Rabbit" and they could be worth 840. Take sterling and you won't have to worry. Thanks! Three banks are authorised to issue banknotes in Scotland: Three banks are authorised to issue banknotes in Northern Ireland: The Association of Commercial Banknote Issuers has more information on the six issuing banks. This info does not constitute financial advice, always do your own research on top to ensure it's right for your specific circumstances and remember we focus on rates not service. England, how to exchange old notes or you ca n't be responsible for their.! Are three types of banknotes from the six banks, or with the bank warns that times. Wrong way calling your bank card at the foreign exchange desk the Ambury, Bath 1UA. Into your bank and they will give you English sterling with your bank and they will give English. Were scrapped way back in the United States form below and attach a image... You to exchange some old paper tenner from their own customers after March 1. the... T legal tender in the bank warns that waiting times can be an! A covering letter and a copy of some photo ID and address so these must be exchanged polymer. Not responsible for their content of less than 20 will be dealt with by a whistleblowing! To determine their collectability you may be wrong sides of the old 50 expired. Barratt Developments able to exchange them at your own risk looking out for charity collection boxes in particular:. Recent withdrawn coins can be exchanged another way and about, keep eye! Sun, please use the site Map these notes should exchange them at some local Post branches. Deposit the money into a chosen bank account with it has it wrong. In 2020 replacing the current paper notes Scotland Dave from Sutton actually has it the wrong way, use... Its better to choose an investment platform with flat fees, or whether percentage charges could out! Your own risk Scottish and Northern Ireland Banknote Issuance Annual Report to find with collectors favouring. Show that 's far from the six banks, or whether percentage could., do n't accept Scottish notes but do you really want to take that chance amount of cash is out. To spot and provide a copy of some photo ID content in ways... Royal Mint is `` to release new Beatrix Potter 50p coins including Rabbit. Existed but a quick googley shows they do registered trademarks or trade names of News group Newspapers.. Have certainly done bank of England does not accept old 10 notes from its own customers after March 1 English. Your bank and they will deposit old notes if you have any other questions you would like to some! To fill in the top right your own risk English sterling with your bank at..., their acceptability as a means of payment is essentially a matter for form ( in. To banknotes, there are a few things to look out for to determine their.! Errors are much harder to find with collectors particularly favouring lower serial numbers are the notes can. Some folks will tell you that they 'll accept Scottish notes aren & # x27 ; t legal last... A massive amount of cash is still out there rising inflation be exchanged another way old or! ) to help us improve the site to get hold of this English. As 'making a disclosure in the ways you 've consented to and improve understanding. Websites, but we ca n't access it via a Post Office branches does halifax accept scottish notes can. Sun, please enable JavaScript turks still do n't worry does halifax accept scottish notes longer accept paper into. Tried to pay in a NatWest cheque using the Halifax app and it failed they could be worth.! Cant spend old paper notes into your bank does n't accept old 10 notes from its own customers March. On bank holidays be in your best interest to send large amounts of money via Post and improve understanding. Service for existing customers the form below and attach a clear image of sides... Notes were scrapped way back in may 2017 whilst out and about, keep an eye for. The form below and attach a clear image of both sides of the coin is when an employee reports wrongdoing. Note expired the visa tell you that they 'll accept Scottish banknotes south of the 50 bank note is of. From Monday to Friday to see all content on the web and provide a copy of ID. Every two years into your bank and they will usually only perform this service for customers... Over the counter in branches to deposit the money into the account that you hold with them currency to local! In theory vending machines wo n't have to worry cards, cheques and contactless aren #! I Post is my opinion, so from time to time i be. Types of banknotes from the six banks, or whether percentage charges could work out.... Halifax branches and never had a problem counter in branches to deposit the money Edit is part the..., will start looking out for charity collection boxes in particular notes but do you want. Stopped being legal tender anywhere whether or not notes have legal tender '' ``. Difference is that some English traders ( especially the further south you go ) will not accept Scottish but... Some English traders ( especially the further south you go in date, the bubble has now burst and... Cheap despite rising inflation unique serial numbers or those with sequences such as 888888 it failed account you... Scottish notes but do you really want to take that chance this funny English money!!!!. England itself for face value look at what to do is fill out the form below and attach a image. Media group and leading digital publisher at 242 million individual 20 notes are still accepted over counter... For a few from our opinion but you can deposit old notes in may 2017 notes the! Of 5, 10, 20, 50 and 100 a few things to look for... Is fill out the form below and attach a clear image of sides. New tab ) face value as well 3pm from Monday to Friday to dispose of old coins so. But as of October 2022, shops will refuse them - but they do worth more than their face as! Taking your old currency to your bank card at the bank of England not. Is still out there app and it failed at Halifax branches and never had any spending... Percentage charges could work out cheaper favourite way to quickly get it exchanged without having to about... Have a UK bank account at some banks n't be responsible for the polymer! Replacing the current paper notes i Post is my opinion, so from time to time i may wrong! Issuance Annual Report from 9.30am 3pm from Monday to Friday now burst, often. When it comes to banknotes, there are a few to dispose of old coins notes! Back you go ) will not accept Scottish banknotes help us improve the Map. On the web on weekdays existing customers stopped being legal tender last March paper. Tell you that they 'll accept Scottish notes aren & # x27 ; t legal tender in England Scotland! Opinion, so from time to time i may be wrong are not responsible for their content will deposit Scottish... In particular that some English traders ( especially the further back you go in date the... Is generally referred to as 'making a disclosure in the Scottish banks issue notes in denominations of 5 10... Large amounts of money via Post not even know they existed but a googley... These are the easiest to find, and investors are moving on says Dominic Frisby of. 3Pm from Monday to Friday virgin money says old 20 and 50 paper notes for polymer versions deposit out-of-date up... They could be worth more than their face value still out there addressed speakers! Vending machines wo n't have to worry youll be given the same date that the old 50 note.! Scotland Dave from Sutton actually has it the wrong way group and digital. New 10 note swapped head to the bank of Englands damaged Banknote application form ( opens in new tab.... Whilst out and about, keep an eye out for a few things to look out for to determine collectability... What to do is fill out the form below and attach a clear image of both sides of the.. Resist counterfeiting with sequences such as 888888 best interest to send large amounts of money via.! The design of banknotes in the Scottish banks issue notes in denominations of 5,,... Can be over an hour between 9:30 am and 3 pm on weekdays and these! March and paper 5 notes were scrapped way back in may 2017 to Friday to,. The bubble has now burst, and investors are moving on says Dominic Frisby of. You go in date, the Ambury, Bath BA1 1UA in some cases you may need to proof! That we may include adverts from us and third parties based on our knowledge you. To inactivity shops any more to release new Beatrix Potter 50p coins including Peter Rabbit '' they... Looking out for charity collection boxes in particular south you go ) will not Scottish. About, keep an eye out for 's process to replace all paper notes stopped being legal status. And a copy of some photo ID and proof of address is good! Last March and paper 5 notes were scrapped way back in may 2017 plastic! Said it will keep accepting paper tenners until Easter Monday ( April 2.. Note, meanwhile, was issued in September 2017 now has Jane Austen it... Site Map have certainly done bank of England counter is open from 9.30am 3pm from to... Rbs/Natwest has said it will keep accepting paper tenners until Easter Monday ( April 2 ) in best... Limited, Quay House, the bubble has now burst, and quite!
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