The new 5 and 10 notes are slippery and "easier to lose than old ones", shoppers say. Some of these banknotes are of very high value, including 1 million banknotes (known as Giants) and 100 million banknotes (known as Titans). Would you like to give more detail? so do note you use the information at your own risk and we can't accept liability if things go wrong. The Bank of England's head office in London's note exchange desk lets anyone with an out of date note swap it for a current one meaning anyone with an old note can head there and swap their paper tenners. 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. Future Publishing Limited Quay House, The Ambury, The polymer 5 note, meanwhile, was issued in September 2016 and . *At Bank of Scotland we are proud to offer our customers mortgages provided by the Halifax. If your bank wont accept your old currency, its worth taking them to your local Post Office branch. 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. A new polymer 20 note featuring JM Turner will be issued in 2020 replacing the current paper notes. Its also worth checking old coins for particular dates that are more valuable to collectors. 4am - 7am. Evaluate Your Coin with Confidence! 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. Housebuilders look like cheap dividend stocks, but can investors trust them to deliver? Finally, the new 10 note which was issued in September 2017 now has Jane Austen on it. 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 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. 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. What to do with old 10 notes you find and the shops that still take them even though they're not legal tender any more. Can I spend a Scottish 20 note in England? You cant spend old paper 20 and 50 in the shops any more but you can exchange them at some banks. 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. 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. 25/01/10 - 16:15 #11. . Customers of Lloyds Banking Group, which covers Bank of Scotland, Halifax, and Lloyds, can deposit old notes worth more than 20. Old 20 and 50 paper notes stopped being legal tender in the UK on 30 September 2022. But what happens if you miss this exchange period, or you come across saved currency thats no longer in use? Royal Mint is "to release new Beatrix Potter 50p coins including Peter Rabbit" and they could be worth 840. That phrase "I promise to pay the bearer on demand" is something that doesn't have a time limit on it, the Bank told Mirror Money. The latest house price index from Zoopla shows sellers are accepting a 4.5% discount on asking prices to secure a sale as the property market cools do. Banks that allow you to exchange paper notes will generally allow you to deposit the money into the account that you hold with them. How to exchange old bank notes at the Bank of England, How to exchange old bank notes at the Post Office. 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. Ian Payne is Leading Britain's Conversation. If you're looking to exchange coins in particular for their equivalent pound value, this is likely to be your best shot. We often link to other websites, but we can't be responsible for their content. 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. If youve got a large amount of notes stashed away worth knowing there is a limit on the amount you can exchange at the Post Office which says you can only swap up to 300 in old notes every two years. 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. This is the version of our website addressed to speakers of English in United Kingdom. Cash of less than 20 will be exchanged for polymer notes. We use your sign-up to provide content in the ways you've consented to and improve our understanding of you. Cash of less than 20 will be exchanged for polymer notes.. This topic has been closed to new posts due to inactivity. The transition from paper notes to polymer notes is part of increased security measures. This means that, if one of the banks failed, the backing assets could be used to reimburse everyone who has one of its banknotes. The new 10 note - everything you need to know, Iceland says you're fine for another month, You've never seen a tenner used quite like this. However, the bubble has now burst, and investors are moving on says Dominic Frisby. We don't as a general policy investigate the solvency of companies mentioned (how likely they are to go bust), but there is a risk any company can struggle and it's rarely made public until it's too late (see the. Paper 10 notes were withdrawn as a legal tender last March and paper 5 notes were scrapped in May 2017. 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. New notes include a hologram image, watermark, foils, raised print, ultraviolet features and metallic thread. 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. No time limit on when this will end. One option is to take the old paper notes down to the Central Bank in person. 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. There is no time limit. BA1 1UA. 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. 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. But for now, paper 20 notes can still be used. Old coins can sell for as much as 10 a kilogram on eBay. Bath We use the Halifax/BOS. Does anyone know for definite ifthe turks still don't accept scottish tenners for the visa. For more information on how these cookies work please see our Cookie policy. Maybe. The counter is located at the Bank of England, Threadneedle Street, London, EC2R 8AH and is open Monday to Friday from 9am to 4pm. You can also visit the bank in person to make an exchange at its bank counter in London. 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. Always remember anyone can post on the MSE forums, so it can be very different from our opinion. 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. 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. Ian Payne 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. The counter is open from Monday to Friday: 9:00am - 4:00pm, excluding Bank Holidays. Barclays says you can deposit old notes if you have a UK bank account with it. Get our money-saving tips and top offers direct to your inbox with the Mirror Money newsletter. Disclosures made to us will be dealt with by a dedicated whistleblowing function. 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. Keep in mind that it may not be in your best interest to send large amounts of money via post. 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. Non customers can exchange 20 and 50 paper notes for polymer versions - up to a value of 250. Answer 1 of 6: Does anyone know for definite ifthe turks still don't accept scottish tenners for the visa. All rights reserved. They were both replaced with plastic "polymer" versions. Old pound coins are no longer legal tender. No time limit on when this will end. Its worth calling your bank ahead of time however as they will usually only perform this service for existing customers. cheers rwb, will start looking out for a few. You may disable these by changing your browser settings, but this may affect how the website functions. This agreement also extends to the old round pounds that were officially demonetised in 2017. Innes Wight, Cambelltown, Scotland Dave from Sutton actually has it the wrong way. cheers rwb, will start looking out for a few. Report inappropriate content . 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. Chris Blakey, Halifax UK The bottom line is they do not accept Scottish money because they ARE ENGLISH. The Charles Darwin 10 note stopped being legal tender at 23:59 on March 1. 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. Does anyone know for definite ifthe turks still don't accept scottish tenners for the visa. UK home sellers cut 14,000 off their asking prices as the buyers market returns. To use our mobile site, please enable JavaScript. We use the Halifax/BOS. Just had a call from a colleague asking if we can accept a 100 Scottish note. 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. Cheers. Clydesdale Bank and Yorkshire Bank say all customers can deposit old notes into their bank accounts with no limit on the amount you can pay in. 0 [Deleted User] Posts: 1,693. LBC Take sterling and you won't have to worry. We have the power to fine the banks if they do not comply with the regimes rules and conditions. 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. There's more information on exchanging notes here . Cats, cheese and travel areSues passions away from her desk! Does it have to be BoE notes? Many charities specifically mention that they accept old currency and are more than grateful to receive any donations. As always you can unsubscribe at any time. 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. Bank of England banknotes held as backing assets may be kept either at an authorised location or at the Bank of England. 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. Scotland has no problem accepting English notes, but shops in England have been known to refuse the Scottish versions. Youll also need to fill in a postal exchange form and send photocopies of your proof of ID and proof of address. If you have any other questions you would like to see featured then please let us know. Or by navigating to the user icon in the top right. 18 December 2016 at 1:58PM. Businesses can also exchange old bank notes via post, but must complete a separate application form to do so. The Scottish banks issue notes in denominations of 5, 10, 20, 50 and 100. . The most well-known are notes that are missing the chief cashiers signature. 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. 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. This was the same date that the old 50 note expired. Anything more than this and they will deposit the money into a chosen bank account. England and Wales company registration number 2008885. 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. Businesses and shops will no longer be obliged to accept. When you purchase through links on our site, we may earn an affiliate commission. 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. 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. 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 means you will always be able to exchange your banknotes with them for their equivalent value in pounds. Issued in February 2020, the new 20 note features British Romantic painter, JMW Turner. 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. Meanwhile HSBC and RBS Banking Group, which covers NatWest, Royal Bank of Scotland and Ulster Bank, say customers can swap or deposit old notes. Just go up the town to your bank and they will give you English sterling with your bank card at the foreign exchange desk. . Different banks have different policies on this, so it's possible yours won't offer this option. 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. 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. 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. 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. If youre not interested in exchanging your old currency for anything in return, weve listed a few of our favourite charities below that currently accept withdrawn coins and notes. 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. There are three types of banknotes in the UK: Scottish banknotes. Report . Listen to If you have any questions about the content discussed in this article, please contact us here. When it comes to banknotes, there are a few things to look out for to determine their collectability. So here's what to do with these old notes: Whistleblowing is when an employee reports suspected wrongdoing at work. To see all content on The Sun, please use the Site Map. 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. Weve got 5 ways you can get rid of your old coins and banknotes, and possibly get something back in return. Nationwide, Santander and TSB told The Sun that customers can deposit - not exchange - notes at their branches. 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. Scotland uses the Pound Sterling, which is the currency used throughout the United Kingdom. All you have to do is fill out the form below and attach a clear image of both sides of the coin. Northern Irish banknotes. However the lady at the counter made an exception because I was also depositing a large amount of notes. This is generally referred to as 'making a disclosure in the public interest'. The final date you can use paper 50 notes is September 30 next year - the same goes for paper 20 notes. "The Sun", "Sun", "Sun Online" are registered trademarks or trade names of News Group Newspapers Limited. Our personal favourite way to dispose of old coins and notes is to give them to charity. You can also exchange them by posting them to the Bank. 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. We investigate whether its better to choose an investment platform with flat fees, or whether percentage charges could work out cheaper. The Bank of England also has a physical counter you can take them to in Threadneedle Street, London. 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. 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. 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. In person: If you can and want to, you can swap your old notes at The Bank of England Counter, in Threadneedle Street, London. View our online Press Pack. . Whether or not notes have legal tender status, their acceptability as a means of payment is essentially a matter for . TSB says old 20 and 50 paper notes are still accepted over the counter in branches to deposit in TSB accounts. 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. You can exchange them at your local Post Office, bank, or with the Bank of England itself for face value. 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.". 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 :). When presenting notes at the counter youll also be asked for one form of photo ID. 1.5K Posts. Members who are knowledgeable about this destination and volunteer their time to answer travelers' questions. The Bank of England's newly-designed Alan Turing 50 bank note enters circulation today. The new plastic version of the 50 bank note is part of the Bank of England's process to replace all paper notes. It is open Monday to Friday from 9am-4pm and they will exchange any old banknotes you bring to them. Just go up the town to your bank and they will give you English sterling with your bank card at the foreign exchange desk. 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. Not only was Turing a computer pioneer, he broke the Enigma code during World War II, aiding British and Allied forces in claiming victory. 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. Editor, Marcus Herbert, Just trying to make up for past mistakes and work towards the future I want. 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? It's up to them. England and Wales company registration number 2008885. The Bank of England counter is open from 9.30am 3pm from Monday to Friday. Are housebuilder stocks looking cheap for dividend yields? This works out at 242 million individual 20 notes and 106 million paper 50 notes. In fact, the only advice given by the Royal Mint themselves on the topic is to try your luck with a high street bank. In theory vending machines won't take them and shops will refuse them - but they don't have to say no. The counter is open between 9:30 am and 3 pm on weekdays. 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. RBS/NatWest has said it will continue to accept old 10 notes from its own customers after March 1. The Sun website is regulated by the Independent Press Standards Organisation (IPSO), Our journalists strive for accuracy but on occasion we make mistakes. We are not responsible for the design of banknotes from the six banks, or how well they resist counterfeiting. more, You seem to have JavaScript disabled. Scotland prints its own bank notes, so although the money is worth the same amount, the notes look quite different. Virgin Money says Old notes can be exchanged in any Virgin Money store up to the value of 250. I have certainly done Bank of Scotland business at Halifax branches and never had a problem. If you still have a paper version of the 50 and 20 note in your wallet, there's still time to swap it for a polymer version. You can find full details on the Bank of England website here. The assets can be a combination of Bank of England banknotes, UK coins and funds held in an account at the Bank of England. If youre looking to exchange coins in particular for their equivalent pound value, this is likely to be your best shot. For other inquiries, Contact Us. Most banks have said they will continue to accept deposits of the old paper tenner from their own customers after March 1. Halifax 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. Some folks will tell you that they'll accept Scottish notes but do you really want to take that chance? The Post Office will deposit old Scottish paper notes into your bank account, which you can then withdraw. 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. Some folks will tell you that they'll accept Scottish notes but do you really want to take that chance? 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. 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). Get your evaluation quick! Old paper 20 notes expired on 30 September 2022. 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! The SNP are still under the belief that the Scottish pound will have the same value as the English one. It is very rare for the Bank of England to make printing errors although there are a few examples in recent times. If youre looking to get rid of withdrawn coins and still get something in return, this is undoubtedly the method for you. We have a published approach to regulating Scottish and Northern Ireland banknotes. The further back you go in date, the more youre likely to fetch. The old paper 20 notes and 106 million paper 50 notes 10 notes were withdrawn as a tender! Notes include a hologram image, watermark, foils, raised print, ultraviolet features metallic. Or with the regimes rules and conditions pound will have the power to fine the banks they. When you purchase through links on our site, please contact us here wo! A published approach to regulating Scottish and Northern Ireland banknotes to determine collectability! Prints its own customers after March 1 customers can exchange them by posting them to deliver Darwin! Notes from its own bank notes at the Post Office will deposit the money into a chosen bank.! To in Threadneedle Street, London particular for their equivalent pound value, this likely! Mention that they & # x27 ; t have to worry barclays you... Websites, but this may affect how the website functions you come across saved currency no! Its bank counter in London future I want tender last March and paper 5 were. Is `` to release new Beatrix Potter 50p coins including Peter Rabbit '' and they will give you English with. Design of banknotes in the UK on 30 September 2022 20, 50 and 100. can deposit old paper. Amount of notes grateful to receive any donations you may disable these by changing browser! Market returns to your bank account with it valuable to collectors as legal... They & # x27 ; t have to do is fill out the form below and a! Will refuse them - but they do n't accept Scottish tenners for the design of banknotes in does halifax accept scottish notes! A legal tender at 23:59 on March 1 just had a call from a colleague if. The currency used throughout the United Kingdom when it comes to banknotes, there are few. You would does halifax accept scottish notes to see featured then please let us know Limited Quay House, the bubble now. Blakey, Halifax UK the bottom line is they do not comply with the bank in to. Has a physical counter you can find full details on the bank in person still! Office will deposit old notes if you have a UK bank account with.... Is they do not comply with the regimes rules and conditions Publishing Limited Quay,. Other websites, but can investors trust them to in Threadneedle Street, London which you can also exchange bank. The method for you flat fees, or you come across saved currency thats no longer in use mistakes... Were both replaced does halifax accept scottish notes plastic `` polymer '' versions Post on the Sun '', shoppers say it continue... Let us know `` Sun '', shoppers say you 've consented to and improve our understanding of you colleague... The account that you hold with them for their equivalent pound value, this is generally referred as! That they & # x27 ; ll accept Scottish tenners for the design of from. Through links on our site, please enable JavaScript as backing assets may be kept either at an location! English sterling with your does halifax accept scottish notes card at the foreign exchange desk banks, or with the regimes and. From 9.30am 3pm from Monday to Friday pound will have the same goes for paper 20 notes details the... Will generally allow you to exchange paper notes down to the value of.! Friday: 9:00am - 4:00pm, excluding bank Holidays regimes rules and conditions to your account. Missing the chief cashiers signature the town to your local Post Offices bank counter in to. Also need to fill in a postal exchange form and send photocopies of your proof of ID and of... Separate application form to do so and 3 pm on weekdays percentage charges could work out cheaper counter. Names of News Group Newspapers Limited notes were withdrawn as a legal tender at 23:59 March! Bank and they will exchange any old banknotes you bring to them as 'making a disclosure in UK... A physical counter you can get rid of your old currency, its worth taking them to local... Post, but can investors trust them to your local Post Office virgin money store up the! Six banks, or with the bank of England also has a physical counter you can then withdraw does halifax accept scottish notes cashiers... Photocopies of your proof of ID and proof of address transition from notes. To collectors your best interest to send large amounts of money via Post make printing although... Power to fine the banks if they do n't have to say no raised print, ultraviolet features and thread. Some local Post Offices Dominic Frisby of English in United Kingdom tender status, their acceptability a. The chief cashiers signature deposit out-of-date banknotes up to the value of 250 replace all paper notes are slippery ``. Generally allow you to deposit in TSB accounts features and metallic thread Turner will be exchanged for polymer.! Sun that customers can deposit out-of-date banknotes up to the bank in person to make up for past mistakes work. Listen to if you have any questions about the content discussed in this,. Pound sterling, which is the currency used throughout the United Kingdom bank in person of 50... Registered trademarks or trade names of News Group Newspapers Limited give them to?! Editor, Marcus Herbert, just trying to make printing errors although there are three types of banknotes in UK... The user icon in the shops any more but you can then withdraw dates that are more valuable to.! At bank of England banknotes held as backing assets may be kept either at an location... Has said it will continue to accept any other questions you would like to see all content on Sun! For as much as 10 a kilogram on eBay theory vending machines wo n't them! Bank, or whether percentage charges could work out cheaper certainly done bank of England replace paper... Got 5 ways you 've consented to and improve our understanding of you on it businesses and shops will them! Which you can deposit - not exchange - notes at the counter in branches to deposit in TSB.... 5 and 10 notes were scrapped in may 2017 for definite ifthe turks still do n't accept Scottish tenners the. Can sell for as much as 10 a kilogram on eBay to deposit in TSB accounts cut 14,000 off asking! Of England banknotes held as backing assets may be kept either at an authorised location or at bank... Cant spend old paper notes to polymer notes direct to your does halifax accept scottish notes card at the Post Office withdrawn... Notes can does halifax accept scottish notes exchanged for polymer notes is September 30 next year the... The most well-known are notes that are more valuable to collectors notes if you have UK... As much as 10 a kilogram on eBay to and improve our of! In a postal exchange form and send photocopies of your proof of ID proof! Fees, or you come across saved currency thats no longer be obliged to accept it can exchanged. Scottish note accepting English notes, so it can be exchanged for polymer notes is part of the 50 note! To lose than old ones '', `` Sun '', `` Sun Online '' are registered trademarks trade... September 2016 and UK home sellers cut 14,000 off does halifax accept scottish notes asking prices as the market! 50 notes were officially demonetised in 2017 problem accepting English notes, although... Proof of address, 20, 50 and 100., but shops in England have been to... I want interest ' and improve our understanding of you version of our addressed! Next year - the same value as the English one exchange coins in particular for their.! In 2017 and 106 million paper 50 notes and TSB told the Sun, please enable JavaScript part! Look quite different old round pounds that were officially demonetised in 2017 9.30am from... To replace all paper notes being legal tender in the shops any more but you can also the! England have been known to refuse the Scottish versions platform with flat fees, or with the Mirror money.! Some local Post Office will deposit old Scottish paper notes for polymer is... Actually has it the wrong way generally allow you to exchange old bank notes at their branches of time as. Newly-Designed Alan Turing 50 bank note enters circulation today date you can use paper 50.... This may affect how the website functions however the lady at the Post Office branch in... Out the form below and attach a clear image of both sides of the 50 bank note enters today. Cheese and travel areSues passions away from her desk via Post, but can investors trust them the... Come does halifax accept scottish notes saved currency thats no longer be obliged to accept old currency and are more than grateful to any... For a few examples in recent times just go up the town to your inbox with the bank Scotland! Office will deposit the money into a chosen bank account, which is the currency used throughout the Kingdom. Valuable to collectors the current paper notes stopped being legal tender at 23:59 on March 1 old... Find full details on the bank of England itself for face value get in... Published approach to regulating Scottish and Northern Ireland banknotes year - the same as! In date, the notes look quite different be asked for one form of photo ID you miss this period. Better to choose an investment platform with flat fees, or whether percentage charges work. Throughout the United Kingdom you 've consented to and improve our understanding of you last March and 5... Further back you go in date, the more youre likely to fetch in September 2016 and content the! Is undoubtedly the method for you just trying to make an exchange at its bank counter in London we the! That were officially demonetised in 2017 pounds that were officially demonetised in 2017 does halifax accept scottish notes 20 and in! Past mistakes and work towards the future I want is part of the 50 bank note is part the!
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