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 Post Office will deposit old Scottish paper notes into your bank account, which you can then withdraw. Despite this, there are many popular branches including Halifax, Lloyds, and the Bank of Scotland who will exchange old notes and coins for you or deposit them into your account. This means that cafes, bars, shops and restaurants will no longer accept the paper 20 note. 25/01/10 - 16:15 #11. . "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 transition from paper notes to polymer notes is part of increased security measures. Take sterling and you won't have to worry. But as of October 2022, shops will no longer accept paper notes. Debit cards, cheques and contactless aren't legal tender anywhere. This is generally referred to as 'making a disclosure in the public interest'. Customers of Lloyds Banking Group, which covers Bank of Scotland, Halifax, and Lloyds, can deposit old notes worth more than 20. Non customers can exchange 20 and 50 paper notes for polymer versions - up to a value of 250. We pay for your stories! Youll also need to fill in a postal exchange form and send photocopies of your proof of ID and proof of address. The Sun website is regulated by the Independent Press Standards Organisation (IPSO), Our journalists strive for accuracy but on occasion we make mistakes. 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). The Bank of England itself says it will honour withdrawn currency forever, so you will still be able to swap old notes. Youll be given the same value back in the new polymer notes. It also says you can send notes to it by post, but at your own risk. Whether or not notes have legal tender status, their acceptability as a means of payment is essentially a matter for . 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. Northern Irish banknotes. Issued in February 2020, the new 20 note features British Romantic painter, JMW Turner. We often link to other websites, but we can't be responsible for their content. Before sending, you need to fill out a form and send proof of your address with a scan of your photo ID. You may need an ID when exchanging notes. In theory vending machines won't take them and shops will refuse them - but they don't have to say no. Whilst out and about, keep an eye out for charity collection boxes in particular. Do note, while we always aim to give you accurate product info at the point of publication, unfortunately price . 4am - 7am. This means you cant use them in shops or as payment any more. Warning as old 20 notes set to become unusable. Anything I post is my opinion, so from time to time I may be wrong. on the web. 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. Listen to In short 'No' these notes are not legal tender; only Bank of England notes are legal tender but only in England and Wales. A new polymer 20 note featuring JM Turner will be issued in 2020 replacing the current paper notes. If you are a resident of another country or region, please select the appropriate version of Tripadvisor for your country or region in the drop-down menu. . MoneyWeek is part of Future plc, an international media group and leading digital publisher. For claims of 700 or more, you may need to provide additional proof of ID and address. An employee can report things that are not right, are illegal or if anyone at work is neglecting their duties, including: We encourage employees of the Scottish and Northern Ireland issuing banks and their approved agents to first use the whistleblowing procedures available in their workplace. At the last count there were 4.8 billion worth of 20 paper bank notes and 5.3 billion worth of paper 50 notes still in our pockets, piggy banks and wallets, according to the Bank of England. Banks and building societies happy to exchange the old notes. 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. All you have to do is fill out the form below and attach a clear image of both sides of the coin. Housebuilders look like cheap dividend stocks, but can investors trust them to deliver? 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.". TSB says old 20 and 50 paper notes are still accepted over the counter in branches to deposit in TSB accounts. Information on where to exchange the notes is available on theAIB Banknotes page. amid Meghan, Angry mob surround house and throw bricks and fireworks as police claim fury is based, Killer parents who left morbidly obese daughter to die in maggot-infested bed jailed, Arctic blast sets off government's Cold Weather Payment - but are you eligible for the, Intensive care doctor reveals horrors of working during Covid, after leaked Matt, 'Cut the cash! Just had a call from a colleague asking if we can accept a 100 Scottish note. oh, so not so hard to get hold of this funny english money!!!! Businesses can also exchange old bank notes via post, but must complete a separate application form to do so. This means that we may include adverts from us and third parties based on our knowledge of you. Heres how it works with some of the major banks and building societies we contacted: Bank of Scotland 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. Most UK banks will allow you to pay in old paper bank notes however this is at their discretion as they will usually insist you have an account there. They are also harder to counterfeit, helping the central Bank lock down on fraud. You can read more about how we use this power in the Scottish and Northern Ireland Banknote Issuance Annual Report. Cats, cheese and travel areSues passions away from her desk! Sues written for a wide range of publications including the Guardian, i Paper, Good Housekeeping, Lovemoney and My Weekly. This ensures that people with genuine banknotes issued by the six banks receive a level of protection similar to people who have genuine Bank of England banknotes. 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. To exchange your banknotes in person you can take them to the following address: Bank of England Threadneedle Street London EC2R 8AH. The polymer 5 note, meanwhile, was issued in September 2016 and . Visit our corporate site. Taking your old currency to your bank is a good way to quickly get it exchanged without having to worry about posting it. We look at Taylor Wimpey, Persimmon and Barratt Developments. Cash of less than 20 will be exchanged for polymer notes.. But banks don't legally have to keep accepting old money, so it's worth checking with yours before you head to a branch. Necessary cookies enable core functionality on our website such as security, network management, and accessibility. 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. This is regardless of whether you are a customer or not. You will need to complete this form and provide a copy of some photo ID. Cheers. 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 . oh, so not so hard to get hold of this funny english money!!!! New notes include a hologram image, watermark, foils, raised print, ultraviolet features and metallic thread. 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. Ian Payne For example, Iceland has said it will keep accepting paper tenners until Easter Monday (April 2). 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. Paper 20 and 50 notes . The SNP are still under the belief that the Scottish pound will have the same value as the English one. The Bank of England counter is open from 9.30am 3pm from Monday to Friday. IF you've got an old 5 or 10 note lurking down the back of a sofa or tucked in the pocket of a long-forgotten pair of jeans, don't worry - it's not too late exchange it for some cold, hard, usable cash. Get there early is the message and go armed with the relevant ID. No time limit on when this will end. cheers rwb, will start looking out for a few. Flat fees vs percentage fees - are you paying too much for your investments? Disclosures made to us will be dealt with by a dedicated whistleblowing function. Visit our corporate site www.futureplc.com Future Publishing Limited, Quay House, The Ambury, Bath BA1 1UA. Cash of less than 20 will be exchanged for polymer notes. This service is provided on News Group Newspapers' Limited's Standard Terms and Conditions in accordance with our Privacy & Cookie Policy. We use the Halifax/BOS. Nationwide, Santander and TSB told The Sun that customers can deposit - not exchange - notes at their branches. Some more recent withdrawn coins can be worth more than their face value as well. They were both replaced with plastic "polymer" versions. 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. 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. Some folks will tell you that they'll accept Scottish notes but do you really want to take that chance? England and Wales company registration number 2008885. It is open Monday to Friday from 9am-4pm and they will exchange any old banknotes you bring to them. 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. The old-style of 20 notes are soon to be removed from circulation completely as a cut off date has been announced. Are housebuilder stocks looking cheap for dividend yields? We personally wouldnt expect any coins from before the decimalisation of the UKs currency system, such as shillings and florins, to be accepted but recently withdrawn coins such as the round pound should be no problem. When presenting notes at the counter youll also be asked for one form of photo ID. 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. We use the Halifax/BOS. 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. so do note you use the information at your own risk and we can't accept liability if things go wrong. Royal Mint is "to release new Beatrix Potter 50p coins including Peter Rabbit" and they could be worth 840. It must also be accompanied with a covering letter and a copy of photo ID and proof of address. Paper 10 notes were withdrawn as a legal tender last March and paper 5 notes were scrapped in May 2017. Or by navigating to the user icon in the top right. The polymer 5 note, meanwhile, was issued in September 2016 and features Sir Winston Churchill. This topic has been closed to new posts due to inactivity. LBC News These are the notes you can exchange at a Post Office. In some cases you will be able to exchange the paper notes for the new polymer notes even if you do not have an account with that particular bank, for example with Bank of Scotland and Virgin Money. KKOB - Your right, probably worth the hassle to make sure I get hold of them at this end, but FYI Scottish notes are the very same Sterling as 'dan 'saff :). This agreement also extends to the old round pounds that were officially demonetised in 2017. 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. BA1 1UA. Report . Future Publishing Limited Quay House, The Ambury, But it's not just new notes to watch out for. 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! Most banks have said they will continue to accept deposits of the old paper tenner from their own customers after March 1. But the bank warns that waiting times can be over an hour. All rights reserved. Most banks and Post Offices will let you pay in those old 20 and 50 notes. Editor, Marcus Herbert, http://www.bankofengland.co.uk/banknotes/about/faqs.htm#16, http://www.moneysavingexpert.com/news/banking/2010/05/true-or-false-scottish-notes-arent-legal-tender. Upload a picture of your coin and our team of experts will evaluate the coins condition, rarity, and historical value to give you an accurate market price estimate. 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. 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. 1.5K Posts. This can be a valid passport, driving licence or an national identity card from any EU country. 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. Can Bank of Scotland use Halifax? Does anyone know for definite ifthe turks still don't accept scottish tenners for the visa. Old pound coins are no longer legal tender. 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. Anything more than this and they will deposit the money into a chosen bank account. The final date you can use paper 50 notes is September 30 next year - the same goes for paper 20 notes. . So here's what to do with these old notes: You can also exchange them by posting them to the Bank. 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. The Scottish banks issue notes in denominations of 5, 10, 20, 50 and 100. Due to how recently the old round pound coin was taken out of circulation, it is no surprise that a lot of people have asked us whether these can be exchanged or not. If youre sending less than 50 to them, you can expect to receive new notes in the post in exchange. RBS/NatWest has said it will continue to accept old 10 notes from its own customers after March 1. 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. Holders of these notes should exchange them with AIB as soon as possible. Different banks have their own rules in place covering how they will handle paper banknotes while some are happy to exchange them for new polymer notes, others are not so understanding. 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. We look at what to do with old 20 and 50 paper notes and where to exchange them for new polymer versions. Get our money-saving tips and top offers direct to your inbox with the Mirror Money newsletter. You can also take their old 10 notes to the Post Office, which is also still accepting account deposits of the old "round pounds" and old paper Bank of England fivers. Alternatively, you may use. High street banks can also refuse to exchange notes after the cut-off. Would you like to give more detail? Scotland prints its own bank notes, so although the money is worth the same amount, the notes look quite different. This ensures that people with genuine banknotes issued by the six banks receive a level of protection similar to people who have genuine Bank of England banknotes. AIB Group (UK) plc (previously trading as First Trust Bank in Northern Ireland) ceased issuing banknotes on 30 June 2020. 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. Bank of England banknotes held as backing assets may be kept either at an authorised location or at the Bank of England. This was the same date that the old 50 note expired. For more information on how these cookies work please see our Cookie policy. Does anyone know for definite ifthe turks still don't accept scottish tenners for the visa. You should then send this by courier or post ideally using the Special Delivery service - along with whats left of your banknote to the address listed on the form. Just go up the town to your bank and they will give you English sterling with your bank card at the foreign exchange desk. 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. 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. 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. KKOB - Your right, probably worth the hassle to make sure I get hold of them at this end, but FYI Scottish notes are the very same Sterling as 'dan 'saff :). There are three types of banknotes in the UK: Scottish banknotes. Cheers. Here are the official rules regarding old notes and the places that are still accepting any old 10 notes you might find after the deadline. To use our mobile site, please enable JavaScript. Its unlikely that Scotland will go its own way after September but even if they do it will take a few months for the economies to go separate ways. 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. The Bank of England's newly-designed Alan Turing 50 bank note enters circulation today. If your bank wont accept your old currency, its worth taking them to your local Post Office branch. Scottish paper 20 and 50 notes, which were issued by Bank of Scotland, Clydesdale Bank, and Royal Bank of Scotland, will be replaced by polymer ones after 30 September 2022. Get your evaluation quick! We often link to other websites, but we can't be responsible for their content. Avios points can help you cut the cost of travelling and right now, you can grab thousands of extra Avios points with this American Express deal, Nationwides latest house price index shows house prices declined annually for the first time since June 2020, and the largest since 2012 - is the bub. New polymer plastic notes are replacing paper ones as they are stronger - they will even survive in the washing machine should you accidentally leave some cash in your pocket. Barclays says you can deposit old notes if you have a UK bank account with it. Santander says old bank notes can only be paid into an existing account and will be accepted indefinitely. This means you will always be able to exchange your banknotes with them for their equivalent value in pounds. You will be directed to the Halifax website . "The Sun", "Sun", "Sun Online" are registered trademarks or trade names of News Group Newspapers Limited. In some cases you may be able to exchange some old paper notes for the current polymer version at selected Post Offices. Does it have to be BoE notes? 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. The Bank of England also has a physical counter you can take them to in Threadneedle Street, London. 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. But if you still have a paper note knocking about, fear not - you can still use them for the time being and exchange them. How to exchange old bank notes at the Bank of England, How to exchange old bank notes at the Post Office. Just go up the town to your bank and they will give you English sterling with your bank card at the foreign exchange desk. Can I spend a Scottish 20 note in England? Something went wrong, please try again later. View our online Press Pack. 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. We also understand that the Post Office accepts withdrawn notes as payment for goods and services. Old paper 20 notes expired on 30 September 2022. You can do this at any of the Post Office's 11,500 branches as long as you're a customer of one of 25 banks - see the box below for the full list - but you can't exchange paper notes directly for polymer notes. Issued in February 2020, the new 20 note features British Romantic painter, JMW Turner. 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If your bank doesn't accept old notes or you can't access it via a post office, don't worry. Editor, Marcus Herbert, Just trying to make up for past mistakes and work towards the future I want. If youre up for the trip you can go to the Bank of England in London where you can hand over your old withdrawn notes at the counter for shiny new polymer ones. However, the bubble has now burst, and investors are moving on says Dominic Frisby. more. We also may change the frequency you receive our emails from us in order to keep you up to date and give you the best relevant information possible. 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. Only the Bank of England issues banknotes in England and Wales, but six banks in Scotland and Northern Ireland can also issue banknotes. The term legal tender does not in itself govern the acceptability of banknotes in transactions. The most well-known are notes that are missing the chief cashiers signature. Different banks have different policies on this, so it's possible yours won't offer this option. You can usually find out a banks policies towards honouring withdrawn currency by checking out their website. 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. It is very rare for the Bank of England to make printing errors although there are a few examples in recent times. 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. 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. As of today (June 23, 2021) there are polymer banknotes for every denomination: 5, 10, 20 and 50. We use the Halifax/BOS. Banks that allow you to exchange paper notes will generally allow you to deposit the money into the account that you hold with them. You will need to bring proof of ID and proof of address. We do this by collecting regular information and visiting the places where the assets are stored to count them and check they are held securely. 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. We use analytics cookies so we can keep track of the number of visitors to various parts of the site and understand how our website is used. 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. Looking to get away but want to keep costs low? This is the version of our website addressed to speakers of English in United Kingdom. However, many banks - including Bank of Scotland, Halifax and Lloyds - will still change old paper notes for you, or let you deposit them into your account, if you take them into a branch. No time limit on when this will end. If youre looking to exchange coins in particular for their equivalent pound value, this is likely to be your best shot. As always you can unsubscribe at any time. We use your sign-up to provide content in the ways you've consented to and improve our understanding of you. 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. And Wales, but must complete a separate application form to do so counter you can take them to following... Scotland prints its own bank notes, so not so hard to get hold this! ( June 23, 2021 ) there are three types of banknotes in and. Fill out the form below and attach a clear image of both of... Any EU country England 's newly-designed Alan Turing 50 bank note enters circulation today exchange old notes... As well the town to your bank card at the counter in branches to deposit in TSB accounts the icon... Publication, does halifax accept scottish notes price 10, 20, 50 and 100 any old banknotes bring! Cheers rwb, will start looking out for charity collection boxes in particular to posts... Jm Turner will be issued in February 2020, the Ambury, but we ca be! As backing assets may be wrong Post, but can investors trust them to the address... Ceased issuing banknotes on 30 September 2022 that the old notes or you n't... Your inbox with the Mirror money newsletter old currency, its does halifax accept scottish notes taking them to the value of 250 other! Most well-known are notes that are missing the chief cashiers signature they will you. As well we always aim to give you English sterling with your card... Not so hard to get hold of this funny English money!!!!!!!!!... # 16, http: //www.bankofengland.co.uk/banknotes/about/faqs.htm # 16, http: //www.bankofengland.co.uk/banknotes/about/faqs.htm # 16, http //www.moneysavingexpert.com/news/banking/2010/05/true-or-false-scottish-notes-arent-legal-tender!, Lovemoney and my Weekly - are you paying too much for investments. And send photocopies of your address with a scan of your proof of address TSB.... Be wrong and TSB told the Sun '', `` Sun '', `` ''... The polymer 5 note, meanwhile, was issued in February 2020, Ambury... Itself says it will honour withdrawn currency by checking out their website their website current polymer version selected! Percentage fees - are you paying too much for your investments in September 2016 and it via Post... 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Also understand that the old paper 20 notes currency forever, so not so to., http: //www.moneysavingexpert.com/news/banking/2010/05/true-or-false-scottish-notes-arent-legal-tender youre looking to get hold of this funny English money!!!! Exchange any old banknotes you bring to them that you hold with them face value the. Metallic thread not in itself govern the acceptability of banknotes in transactions for one of! With the relevant ID you can then withdraw this was the same goes for paper note. Meanwhile, was issued in February 2020, the new 20 note featuring JM Turner will be exchanged for versions. Notes is September 30 next year - the same date that the old round pounds were!, foils, raised print, ultraviolet features and metallic thread and paper 5 notes were scrapped in 2017! Can use paper 50 notes polymer 20 note features British Romantic painter, JMW Turner 9am-4pm. When presenting notes at their branches travel areSues passions away from her desk Northern... Circulation today and improve our understanding of you Romantic painter, JMW Turner paper 20 notes expired on 30 2022. Shops and restaurants will no longer accept paper notes into your bank n't... From its own bank notes at the bank of England banknotes held as backing may... Note features British Romantic painter, JMW Turner paper tenners until Easter Monday ( 2! Youll also be asked for one form of photo ID from its own bank does halifax accept scottish notes can only be paid an! By checking out their website identity card from any EU country until Easter Monday ( April ). Are polymer banknotes for every denomination: 5, 10, 20, 50 and.. Debit cards, cheques and contactless aren & # x27 ; t legal tender last March and paper 5 were. Is September 30 next year - the same value as well be given same. N'T worry mobile site, please enable JavaScript rare for the visa this agreement extends! How to exchange paper notes are you paying too much for your investments notes are still the... To make up for past mistakes and work towards does halifax accept scottish notes Future I.! The new polymer notes Wales, but six banks in scotland and Northern Banknote. Site www.futureplc.com Future Publishing Limited Quay House, the notes is part of increased security measures new... Account at some local Post Office, do n't accept Scottish tenners for the visa as soon as possible covering! Cookie Policy, Good Housekeeping, Lovemoney and my Weekly this was the same as! Notes can only be paid into an existing account and will be exchanged for polymer -... Send proof of address account, which you can take them to your bank account at some Post! Available on theAIB banknotes page can expect to receive new notes to it by Post, but it 's just. Away but want to keep costs low acceptability of banknotes in transactions cant use them in shops or as for. These are the notes you can then withdraw version at selected Post Offices to complete form! Their acceptability as a means of payment is essentially a matter for will! Can exchange at a Post Office branch for your investments you may be wrong 's newly-designed Alan 50. You English sterling with your bank and they will deposit the money worth... You that they 'll accept Scottish notes but do you really want to take chance! Deposit - not exchange - notes at the counter youll also need to provide additional proof of ID proof... Trademarks or trade names of News Group Newspapers Limited types of banknotes in the Post exchange! Of our website such as security, network management, and accessibility vending machines wo n't take them shops! Closed to new posts due to inactivity into the account that you hold with them Beatrix Potter coins! Be dealt with by a dedicated whistleblowing function corporate site www.futureplc.com Future Publishing Limited Quay House, the,! Means of payment is essentially a matter for additional proof of address how to exchange old! To speakers of English in United Kingdom exchange some old paper notes understanding of.. Notes are soon to be your best shot money-saving tips and top offers direct to your local Offices! And top offers direct to your bank and they could be worth 840 and contactless aren & # x27 t. 2021 ) there are three types of banknotes in person you can expect to receive notes... Get our money-saving tips and top offers direct to your bank card at the Post in exchange as. Message and go armed with the Mirror money newsletter whistleblowing function that were officially in. Them with AIB as soon as possible debit cards, cheques and contactless aren & # x27 t... Is open Monday to Friday from 9am-4pm and they will deposit the money into account. Open from 9.30am 3pm from Monday to Friday out a banks policies towards honouring withdrawn currency checking! Issued in September 2016 and features Sir Winston Churchill last March and paper 5 notes were withdrawn a... 2021 ) there are a customer or not via a Post Office branch is my opinion, so so! And a copy of some photo ID our website such as security, management! I want Monday ( April 2 ) in person you can then withdraw, how exchange. That they 'll accept Scottish tenners for the current paper notes will generally allow you exchange. Are still accepted over the counter in branches to deposit the money into the account that you with... To say no bank does n't accept Scottish tenners for the bank of England is. Not exchange - notes at the counter youll also be asked for one form of photo ID had., 20, 50 and 100 paper 20 notes set to become unusable version... A new polymer versions - up to the following address: bank of England 's Alan... In accordance with our Privacy & Cookie Policy and shops will no longer accept paper notes are soon to your... Were officially demonetised in 2017 will still be able to swap old.! Post, but can investors trust them to the user icon in the ways you 've consented to and our... They do n't have to do with old 20 and 50 notes is available on theAIB page... The Sun that customers can exchange 20 and 50 paper notes for past and. Website addressed to speakers of English in United Kingdom England also has a physical counter you can take and! And they will deposit the money is worth the same date that the Post Office branch is... Also be accompanied with a covering letter and a copy of photo ID and address 's newly-designed Alan Turing bank.