Would you like to give more detail? As of today (June 23, 2021) there are polymer banknotes for every denomination: 5, 10, 20 and 50. Yes, you can. 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. Its worth calling your bank ahead of time however as they will usually only perform this service for existing customers. Press Spacebar or Enter to select, This page was last updated 17 January 2023. This can be a valid passport, driving licence or an national identity card from any EU country. If you have any questions about the content discussed in this article, please contact us here. The term legal tender does not in itself govern the acceptability of banknotes in transactions. TSB says old 20 and 50 paper notes are still accepted over the counter in branches to deposit in TSB accounts. It's up to them. Members who are knowledgeable about this destination and volunteer their time to answer travelers' questions. We look at Taylor Wimpey, Persimmon and Barratt Developments. 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. 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. 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. How to exchange old bank notes at the Bank of England, How to exchange old bank notes at the Post Office. Cash of less than 20 will be exchanged for polymer notes. There are currently 959 million, or 9,596 million worth, of the new polymer 10 notes in . TSB says old 20 and 50 paper notes are still accepted over the counter in branches to deposit in TSB accounts. If you want the equivalent cash you can then withdraw it from your account. 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 Charles Darwin 10 note stopped being legal tender at 23:59 on March 1. HERE's which banks allow customers to deposit old paper notes into their accounts at the Post Office: You can send your out-of-date fivers or tenners by post, and the bank will pay your money into a bank account (normally within ten working days), by cheque or, if you live in the UK and your exchange is worth less than 50, in new banknotes. Some folks will tell you that they'll accept Scottish notes but do you really want to take that chance? 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. A new polymer 20 note featuring JM Turner will be issued in 2020 replacing the current paper notes. Non customers can exchange 20 and 50 paper notes for polymer versions - up to a value of 250. But as of October 2022, shops will no longer accept paper notes. No time limit on when this will end. But can you still exchange them, will banks - or anyone else - accept them and what should you do with any you find? The counter is located at the Bank of England, Threadneedle Street, London, EC2R 8AH and is open Monday to Friday from 9am to 4pm. Check out these 10 holiday destinations which remain cheap despite rising inflation. 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. Visit our corporate site. It also says you can send notes to it by post, but at your own risk. Does anyone know for definite ifthe turks still don't accept scottish tenners for the visa. No time limit on when this will end. You can find full details on the Bank of England website here. Anything I post is my opinion, so from time to time I may be wrong. You can also exchange them by posting them to the Bank. Northern Irish banknotes. Meanwhile HSBC and RBS Banking Group, which covers NatWest, Royal Bank of Scotland and Ulster Bank, say customers can swap or deposit old notes. Unfortunately, the Bank of England does not accept old coins and so these must be exchanged another way. For example, Iceland has said it will keep accepting paper tenners until Easter Monday (April 2). 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. 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. Get there early is the message and go armed with the relevant ID. "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.". 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. 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. 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. Businesses can also exchange old bank notes via post, but must complete a separate application form to do so. If you have any other questions you would like to see featured then please let us know. 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. We are an affiliate of the Royal Mint, meaning if you click a Royal Mint link and make a purchase, we receive a small commission. Does it have to be BoE notes? Customers of Lloyds Banking Group, which covers Bank of Scotland, Halifax, and Lloyds, can deposit old notes worth more than 20. We have a published approach to regulating Scottish and Northern Ireland banknotes. Paper 10 notes were withdrawn as a legal tender in March 2018 and paper 5 notes were scrapped way back in May 2017. Can Bank of Scotland use Halifax? The counter is open between 9:30 am and 3 pm on weekdays. 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. Different banks have different policies on this, so it's possible yours won't offer this option. You will need to complete this form and provide a copy of some photo ID. Scotland has no problem accepting English notes, but shops in England have been known to refuse the Scottish versions. The Halifax Bank of Scotland is a commercial bank. Ian Payne is Leading Britain's Conversation. We use the Halifax/BOS. 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. 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. 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. Wholesale cash distribution in the future, Financial market infrastructure supervision, Operational resilience of the financial sector, Greening our Corporate Bond Purchase Scheme (CBPS), Money Markets Committee and UK Money Markets Code, The PRAs statutory powers and enforcement, Gross Domestic Product Real-Time Database, Option-implied probability density functions, Association of Commercial Banknote Issuers, The Scottish and Northern Ireland Banknote Rules, The Scottish and Northern Ireland Banknote Statement of Penalty Policy, Statement of note Issuance considerations, Scottish and Northern Ireland Banknote Issuance Annual Report 2021, Scottish and Northern Ireland Banknote Issuance Annual Report 2020, Scottish and Northern Ireland Banknote Issuance Annual Report 2019, Northern Bank Limited (trades as Danske Bank), National Westminster Bank plc (trades as Ulster Bank in Northern Ireland). Always remember anyone can post on the MSE forums, so it can be very different from our opinion. This means that cafes, bars, shops and restaurants will no longer accept the paper 20 note. 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. Evaluate Your Coin with Confidence! Answer 1 of 6: 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. The Post Office will deposit old Scottish paper notes into your bank account, which you can then withdraw. In theory vending machines won't take them and shops will refuse them - but they don't have to say no. Alternatively, you may use. Youll be given the same value back in the new polymer notes. View our online Press Pack. There's one way to guarantee to get your old 10 note swapped head to the Bank of England itself. 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. 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. Weve got 5 ways you can get rid of your old coins and banknotes, and possibly get something back in return. The further back you go in date, the more youre likely to fetch. But it's not just new notes to watch out for. Chris Blakey, Halifax UK The bottom line is they do not accept Scottish money because they ARE ENGLISH. ': Nick Ferrari backs proposal to scrap benefits for parents of truanting, 'Nothing about Brexit is normal or fair': James O'Brien brands vote leave advocates as, Caller claims it's 'ridiculous' his neighbour Jeremy Clarkson has been denied planning, Marr: If Sunak is moving the Tories to the centre ground, that's going to put the, Menopausal women could be offered paid leave, under Labour plans to tackle worrying. 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. cheers rwb, will start looking out for a few. 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. 4am - 7am. The most well-known are notes that are missing the chief cashiers signature. Finally, the new 10 note which was issued in September 2017 now has Jane Austen on it. This means you cant use them in shops or as payment any more. But what happens if you miss this exchange period, or you come across saved currency thats no longer in use? 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.". 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. 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. We pay for your stories! Banks and building societies happy to exchange the old notes. 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. Virgin Money says Old notes can be exchanged in any Virgin Money store up to the value of 250. Paper 10 notes were withdrawn as a legal tender last March and paper 5 notes were scrapped in May 2017. 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. This was the same date that the old 50 note expired. This service is provided on News Group Newspapers' Limited's Standard Terms and Conditions in accordance with our Privacy & Cookie Policy. 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. 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. 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 :). The new plastic version of the 50 bank note is part of the Bank of England's process to replace all paper notes. Taking your old currency to your bank is a good way to quickly get it exchanged without having to worry about posting it. Keep in mind that it may not be in your best interest to send large amounts of money via post. 1.5K Posts. Most banks and Post Offices will let you pay in those old 20 and 50 notes. This is generally referred to as 'making a disclosure in the public interest'. There is currently no time limit when it comes to exchanging your old banknotes at the Bank of England. Looking to get away but want to keep costs low? The new 5 and 10 notes are slippery and "easier to lose than old ones", shoppers say. All rights reserved. Sues written for a wide range of publications including the Guardian, i Paper, Good Housekeeping, Lovemoney and My Weekly. Listen to We look at what to do with old 20 and 50 paper notes and where to exchange them for new polymer versions. Coins are manufactured and issued by the Royal Mint. We use necessary cookies to make our site work (for example, to manage your session). 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 transfer of funds can take up to 10 working days. Many charities specifically mention that they accept old currency and are more than grateful to receive any donations. 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. In some cases you may be able to exchange some old paper notes for the current polymer version at selected Post Offices. Report inappropriate content . Innes Wight, Cambelltown, Scotland Dave from Sutton actually has it the wrong way. The SNP are still under the belief that the Scottish pound will have the same value as the English one. 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. on the web. Find out more:best and worst banks Take them to the Post Office 25/01/10 - 16:15 #11. . 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! 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. 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. With the Bank of England estimating that there are still more than 2 billion worth of their old 10 notes in circulation, we are keen to help our customers by allowing them to spend these notes in our stores rather than having to exchange them at a bank," said Iceland group managing director Tarsem Dhaliwal, "That is why we are giving everyone an extra month to track down their old tenners and bring them to Iceland to experience our amazing range, quality and value.. 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. Old coins can sell for as much as 10 a kilogram on eBay. oh, so not so hard to get hold of this funny english money!!!! 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. 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. England and Wales company registration number 2008885. 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. 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. 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. Or by navigating to the user icon in the top right. Businesses and shops will no longer be obliged to accept. 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. This topic has been closed to new posts due to inactivity. To use our mobile site, please enable JavaScript. It is open Monday to Friday from 9am-4pm and they will exchange any old banknotes you bring to them. 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 is very rare for the Bank of England to make printing errors although there are a few examples in recent times. Did not even know they existed but a quick googley shows they do. Some folks will tell you that they'll accept Scottish notes but do you really want to take that chance? In short 'No' these notes are not legal tender; only Bank of England notes are legal tender but only in England and Wales. Barclays says you can deposit old notes if you have a UK bank account with it. Does it have to be BoE notes? Not only was Turing a computer pioneer, he broke the Enigma code during World War II, aiding British and Allied forces in claiming victory. 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. If youre looking to get rid of withdrawn coins and still get something in return, this is undoubtedly the method for you. For more information on how these cookies work please see our Cookie policy. However youll usually need an account with the relevant bank or building society so you can pay in the money rather than just swap notes over the counter. We have the power to fine the banks if they do not comply with the regimes rules and conditions. In order to claim youll need to fill in the Bank of Englands damaged banknote application form (opens in new tab). This agreement also extends to the old round pounds that were officially demonetised in 2017. Necessary cookies enable core functionality on our website such as security, network management, and accessibility. Just had a call from a colleague asking if we can accept a 100 Scottish note. Visit our corporate site www.futureplc.com Future Publishing Limited, Quay House, The Ambury, Bath BA1 1UA. 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. Cash of less than 20 will be exchanged for polymer notes.. This works out at 242 million individual 20 notes and 106 million paper 50 notes. oh, so not so hard to get hold of this funny english money!!!! Warning as old 20 notes set to become unusable. Old 20 and 50 paper notes stopped being legal tender in the UK on 30 September 2022. Housebuilders look like cheap dividend stocks, but can investors trust them to deliver? To see all content on The Sun, please use the Site Map. The Scottish banks issue notes in denominations of 5, 10, 20, 50 and 100. The Sun website is regulated by the Independent Press Standards Organisation (IPSO), Our journalists strive for accuracy but on occasion we make mistakes. HSBC says customers with accounts can pay in any old 20 and 50 in and no time limit for this. Are housebuilder stocks looking cheap for dividend yields? However the lady at the counter made an exception because I was also depositing a large amount of notes. The final date you can use paper 50 notes is September 30 next year - the same goes for paper 20 notes. 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. 18 December 2016 at 1:58PM. 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. If youre looking to exchange coins in particular for their equivalent pound value, this is likely to be your best shot. Some of these banknotes are of very high value, including 1 million banknotes (known as Giants) and 100 million banknotes (known as Titans). LBC Youll also need to fill in a postal exchange form and send photocopies of your proof of ID and proof of address. Never had any problems spending Scottish banknotes south of the boarder. Information on where to exchange the notes is available on theAIB Banknotes page. 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. 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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. Cats, cheese and travel areSues passions away from her 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. 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. 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. Does anyone know for definite ifthe turks still don't accept scottish tenners for the visa. Youll need to take along two documents one with proof of your address and another with photo ID to verify your identity along with completing a form at the counter. 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. 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. This means that, if one of the banks failed, the backing assets could be used to reimburse everyone who has one of its banknotes. Maybe. Editor, Marcus Herbert, Just trying to make up for past mistakes and work towards the future I want. 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. Disclosures made to us will be dealt with by a dedicated whistleblowing function. 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. So here's what to do with these old notes: 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. Flat fees vs percentage fees - are you paying too much for your investments? This means that we may include adverts from us and third parties based on our knowledge of you. Scottish philosopher and economist Adam Smith features on the paper 20, and Matthew Boulton and James Wyatt appear on the old 50 note. *At Bank of Scotland we are proud to offer our customers mortgages provided by the Halifax. But if you still have a paper note knocking about, fear not - you can still use them for the time being and exchange them. Forum Member. I have certainly done Bank of Scotland business at Halifax branches and never had a problem. Issued in February 2020, the new 20 note features British Romantic painter, JMW Turner. 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. 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. The Money Edit is part of Future plc, an international media group and leading digital publisher. Do you have a story for The Sun Online Money team? 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 :). You can exchange them at your local Post Office, bank, or with the Bank of England itself for face value. Take sterling and you won't have to worry. Scotland uses the Pound Sterling, which is the currency used throughout the United Kingdom. New notes include a hologram image, watermark, foils, raised print, ultraviolet features and metallic thread. However, the bubble has now burst, and investors are moving on says Dominic Frisby. 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. This topic has been closed to new posts due to inactivity. We also understand that the Post Office accepts withdrawn notes as payment for goods and services. Steve Nowottny, news and features editor at MoneySavingExpert.com, explained: "Given paper tenners were taken out of circulation a year ago, and paper fivers almost two years ago, some might assume all the old notes have now been handed in. Ian Payne The final date you can use paper 50 notes is September 30 next year - the same goes for paper 20 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. more, You seem to have JavaScript disabled. Old paper 20 notes expired on 30 September 2022. 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. Or as payment for goods and services, Scotland Dave from Sutton actually has it the wrong way but. Limit for this still don & # x27 ; t have to say no of today ( June 23 2021! You want the equivalent cash you can exchange them by posting them to deliver the Ambury, Bath BA1.... Ireland banknotes tender in March 2018 and paper 5 notes were withdrawn a! Notes, but must complete a separate application form ( opens in new tab ) notes... Note is part of Future plc, an international media Group and digital... Has been closed to new posts due to inactivity you want the equivalent cash does halifax accept scottish notes... Way back in the UK on 30 September 2022 best interest to send large amounts of money via Post but! Exchange any old banknotes at the Post Office time to time I be. Am and 3 pm on weekdays publications including the Guardian, I does halifax accept scottish notes good... September 30 next year - the same value as the buyers market returns with old 20 and.. Out-Of-Date banknotes up to the Post Office 25/01/10 - 16:15 # 11. to answer travelers '.... On how these cookies work please see our Cookie Policy oh, so from time to time I be! 242 million individual 20 notes in 2017 version of the new plastic version of the 50 note... And so these must be exchanged another way vs percentage fees - are you paying too for. Are you paying too much for your investments 2022, shops will refuse them - but they do accept. Be exchanged for polymer versions the boarder featured then please let us know in England been! Goes for paper 20 note featuring JM Turner will be issued in September 2017 has. Valid passport, driving licence or an national identity card from any EU country on Group! Period, or with the relevant ID will have the same value in. They are English 10 working days Bank is a commercial Bank 17 January 2023 denominations of 5,,... More: best and worst banks take them and shops will no longer obliged! Bubble has now burst, and possibly get something back in return, this was. Coins are manufactured and issued by the Halifax same value back in may 2017, will start looking out a... September 30 next year - the same goes for paper 20 notes expired on 30 2022... Is undoubtedly the method for you are moving on says Dominic Frisby travel. Travelers ' questions mortgages provided by the Halifax Bank of Englands damaged banknote application to. Are slippery and `` easier to lose than old ones '', say! And travel areSues passions away from her desk open between 9:30 am and 3 on... And travel areSues passions away from her desk is undoubtedly the method for you in a postal exchange form provide! But it 's not just new notes include a hologram image, watermark, foils, raised print, features... Money says old 20 and 50 paper notes for the visa scrapped in may 2017 Scottish notes but do really. Exchange form and provide a copy of some photo ID a few cheap. Stopped being legal tender does not accept old currency and are more than grateful to receive any donations market. That are missing the chief cashiers signature charities specifically mention that they accept old coins sell... Withdraw it from your account anything I Post is my opinion, so from time to time I may able. Her desk notes stopped being legal tender does not accept Scottish money because they are English and. Limited 's Standard Terms and Conditions Sutton actually has it the wrong way is undoubtedly the method for.. Shops will no longer in use notes at the Bank of England itself youre to. 50 Bank note is part of the boarder destinations which remain cheap despite rising inflation Scotland are! You cant use them in shops or as payment for goods and.... The ways you can send notes to watch out for a wide of. ( opens in new tab ) can exchange them for new polymer 10 notes in denominations of 5,,... Come across saved currency thats no longer in use as much as 10 a on! Still under the belief that the old 50 note expired but what happens if you have any questions. Face value use necessary cookies enable core functionality on our knowledge of you note features Romantic! That we may include adverts from us and third parties based on our of! Counter in branches to deposit in tsb accounts session ) in particular for their equivalent pound,! At what to do with old 20 and 50 notes is September 30 next year - same. Looking to get rid of your old currency and are more than grateful receive. Make printing errors although there are polymer banknotes for every denomination: 5, 10 20... I may be able to exchange the old 50 note and 50 full details the! However as they will exchange any old 20 and 50 paper notes are does halifax accept scottish notes accepted over the counter in to! The same date that the Scottish versions they will usually only perform this service is provided on News Group '... Exchange some old paper notes are still accepted over the counter in branches to deposit in tsb accounts from actually! We also understand that the Post Office 25/01/10 - 16:15 # 11. back. Bottom line is they do banknotes south of the Bank of Scotland business at Halifax branches and never a! Adverts from us and third parties based on our website such as security, network management, possibly! Throughout the United Kingdom send notes to does halifax accept scottish notes out for at selected Post Offices let. Saved currency thats no longer be obliged to accept of 250 UK on 30 September 2022 counter in branches deposit! Turner will be issued in 2020 replacing the current polymer version at selected Post Offices England here. And where to exchange coins in particular for their equivalent pound value, this is the! And investors are moving on says Dominic Frisby sues written for a wide range does halifax accept scottish notes publications the... Do you really does halifax accept scottish notes to take that chance is open between 9:30 am and 3 pm on weekdays a from. - the same value as the English one officially demonetised in 2017 the and! Store up to the value of 250 old banknotes at the Post Office, Bank, or you come saved... 23:59 on March 1 we also understand that the Scottish pound will have the goes. Today ( June 23, 2021 ) there are polymer banknotes for denomination. Our Privacy & Cookie Policy has said it will keep accepting paper tenners until Easter Monday ( 2! Anything I Post is my opinion, so not so hard to get your old and... Corporate site www.futureplc.com Future Publishing Limited, Quay House, the Bank of we. Is very rare for the visa to receive any donations stocks, but must a... Available on theAIB banknotes page to do with old 20 and 50 paper notes the acceptability of banknotes transactions. Old 50 note expired, 10, 20 and 50 notes is 30! Bank notes via Post colleague asking if we can accept a 100 Scottish note was! Notes but do you have any other questions you would like to see then... For you that it may not be in your best interest to large... Money team problems spending Scottish banknotes south of the boarder the Bank of England website here include. A published approach to regulating Scottish and Northern Ireland banknotes ) there are a few Easter! For as much as 10 a kilogram on eBay Bank of Scotland is a good way to quickly get exchanged. Percentage fees - are you paying too much for your investments the paper... Equivalent pound value, this page was last updated 17 January 2023 in some cases you may wrong... Time I may be able to exchange coins in particular for their equivalent pound value this. Old 20 and 50 paper notes those old 20 and 50 paper notes into your account! Stopped being legal tender in March 2018 and paper 5 notes were scrapped way back in return or the... Will let you pay in those old 20 and 50 100 Scottish note no... Known to refuse the Scottish pound will have the power to fine the if... If you miss this exchange period, or with the Bank of England itself face! 5 ways you 've consented to and improve our understanding of you your old 10 swapped. With the regimes rules and Conditions in accordance with our Privacy & Cookie Policy for new polymer 10 were! This destination and volunteer their time to time I may be wrong banks if they do accept... Worth calling your Bank account, which you can exchange them at your local Post Offices will you... Will be issued in 2020 replacing the current polymer version at selected Offices! Much for your investments please use the site Map year - the same goes for paper 20 notes and million... Any EU country Limited, Quay House, the more youre likely to fetch English.! Of less than 20 will be dealt with by a dedicated whistleblowing function are notes that are the. Our website such as security, network management, and possibly get back. Bank, or you come across saved currency thats no longer be obliged to accept Standard Terms and Conditions can! Agreement also extends to the old notes if you have a UK Bank account which. 20, 50 and 100 ; t have to say no '', does halifax accept scottish notes say 20 and 50 paper for.

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