Quick Answer: Where Can I Change Old 50 Notes?

Will banks still take old notes?

If you want to swap the old notes over for new tender you will have to make the trip to a bank, building society or Post Office.

You will need to be an account holder with the bank for them to exchange the note.

You can use your local Post Office to deposit the old tenners into your bank account too..

Can old notes still be exchanged?

Exchanging old notes You need not visit the branch of the bank where you have an account in. If you want to exchange up to Rs 4,000 in cash, you can simply go to any bank with a valid ID proof. This limit of Rs 4,000 for exchanging old notes will be reviewed after 15 days.

Are old 5 pound notes worth anything?

It lost its status of legal tender on 5 May 2017 and is no longer accepted in shops or businesses. However, its value remains intact – in fact, it “entitles the bearer to the sum of five pounds” forever, says the Bank of England – and can be exchanged for a new polymer note.

Can I change old 10 notes at the post office?

If it is, it’s straightforward to swap the money for notes you can spend – either via your local bank branch or the Post Office, or if necessary, the Bank of England.”

Can I change old 20 notes at the Bank 2019?

The Bank of England will exchange old banknotes at any point, as they retain value for all time. Notes can be exchanged at the Bank itself, which is located on Threadneedle Street in the City of London. But beware that exchanges are only allowed during office hours, as the Bank is closed on evenings and weekends.

Where can I change old bank notes?

HERE’s which banks allow customers to deposit old paper notes into their accounts at the Post Office:Allied Irish Bank (GB)Bank of Ireland.Bank of Scotland.Barclays.Cahoot.Cashplus.Clydesdale Bank.Co-op Bank.More items…•

Can you exchange old 20 pound notes at the bank?

Many banks will accept withdrawn notes as deposits from customers. The Post Office may also accept withdrawn notes as a deposit into any bank account you can access at the Post Office. And, you can always exchange withdrawn notes with us.

Where can I change old 20lb notes?

According to the Bank of England, the quickest way to exchange your £20 is to deposit them at the bank. You can also exchange withdrawn currency by post with the bank.

What can I do with old 1 notes?

Many banks will still accept old notes as deposits from customers. The Post Office may also accept them as a deposit into bank accounts you can access at the Post Office. You can also exchange withdrawn notes with The Bank of England. Again, many charities will accept old banknotes as donations.

What do you do with old money?

Call around to find a local bank that can exchange currency. Some banks will only exchange worn, ripped or currency in poor condition for its own customers. Other banks are willing to do it for anyone. It is probably a good idea to call the branch to check if you are headed to a bank where you do not have an account.

Is 50 pound note still valid?

You will still be able to use the current £50 note until we withdraw it from circulation. … Many banks will accept withdrawn notes as deposits from customers. 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 at the Post Office.

Where can I change old pound notes?

At your bank If you have a UK bank account, the simplest and quickest way to exchange your notes will normally be to deposit them with your bank. 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.

Will banks take old 5 notes?

While the paper £5 and £10 notes are no longer legal tender, they will always be accepted by the Bank of England. People can take or post any old notes to the bank in Threadneedle Street, in the City of London, to be exchanged for a new-style polymer one. … Banknotes can also be exchanged by post.”

How long can I use old 20 pound notes?

When do the old £20 notes expire? Paper £20 notes can continue to be used as normal for now, as an end date for their use is yet to be announced. According to the Bank of England, it plans to give six months’ notice before the paper £20 is taken out of use.