Can you exchange old British 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 The Post Office Opens in a new window may also accept withdrawn notes as payment for goods and services, or as a deposit into any bank account you can access with them.

Can you exchange old English pounds?

Obsolete Bank of England banknotes can only be exchanged at the Bank of England, Threadneedle Street, London. The nearest London Underground station is Bank on the Central and Northern Line. Opening hours are 9:30am until 3:00pm, Monday to Friday excluding Bank holidays. Notes can be exchanged while you wait.

Can you exchange old 20 pound notes at the bank?

Even after the old £20 notes have been withdrawn from circulation, the Post Office will accept withdrawn notes as a deposit into any bank account. And you can always exchange withdrawn notes directly with the Bank of England.

Can you change old notes at the bank?

Take them to your bank

If you have old paper notes that are no longer in circulation, your bank may exchange these for you, for a limited time, however this is down to the banks' discretion.

How long can I use old 20 pound notes?

People have just 100 days left to use the paper £20 and £50 banknotes remaining in circulation, the Bank of England has said. The last day the notes will have legal tender status is 30 September.

How long can I use the old £20 Note? Paper £20 Withdrawal date

Are the older 20 pound notes still legal tender?

The paper £20 note will no longer be accepted as legal tender from 30 September 2022.

Are old paper 20 pound notes still legal tender?

Paper £20 notes go out of circulation on Wednesday, September 30, 2022. Until then, you can still use the old £20 notes as they are accepted as legal tender. If you're looking to exchange any old notes, The Bank of England website has further information.

Can I exchange old 1000 notes now 2022?

The old currency notes of Rs 500 and Rs 1000 can now only be exchanged at the offices of the Central banks.

How do I exchange old notes UK?

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 The Post Office Opens in a new window may also accept withdrawn notes as payment for goods and services, or as a deposit into any bank account you can access with them.

Can shops refuse old 20 notes now?

Can shops refuse old £20 and £50 notes? Households will no longer be able to spend paper notes in shops, or use them to pay for services, after the September deadline. However, anyone with a bank account in the UK will still be able to deposit paper notes into their accounts.

Can you still use old 20 notes 2021?

30 September 2022 is the last day you can use our paper £20 and £50 notes. 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.

What can you do with old 20lb notes?

Millions of £20 and £50 notes printed on paper remain in circulation but from 1 October only the newer polymer versions can be used. Anyone who has the old currency must spend it by 30 September, the Bank of England said, or deposit the notes at a bank or Post Office.

What do you do with old money?

Currency that is still valid, but is simply worn, ripped, or in otherwise poor condition can be replaced at a bank. Deposit the money into any account, and the bank's relationship with their country's central bank and minting service will ensure that it is swapped for fresh currency.

Can you still spend old 20 pound notes in shops?

The £20 note going out of circulation means you will not be able to use the notes in shops, but you will be able to exchange them for new notes. Some banks and the Post Office may also accept them if you wish to deposit them into your bank account. You can also exchange your notes with the Bank of England.

Where can I exchange British pounds?

As a general rule, there are three possible locations for exchanging money in your hometown: banks, bureaux de change and travel agencies. British pounds are a common currency that you can expect to find at most bureaux de change and travel agencies, but not all banks offer international currency.

What do I do with old Sterling notes?

You must now book an appointment to exchange banknotes or coins in-person at the Central Bank's public office. This is in keeping with public health guidelines due to COVID-19. Find out how to book an appointment below. You can apply to the Central Bank of Ireland to exchange old or damaged money.

Do banks still take old 10 notes 2021?

Banks don't legally have to accept old paper notes and coins once they've been withdrawn from circulation. However, some may continue to allow you to swap them while others may let you deposit old notes and coins into your account.

Does post office accept old notes?

The Post Office will deposit old paper notes and coins into your bank account, which you can then withdraw. To do this, your bank will need to be signed up to receive cash deposits via the Post Office. You can check this on the Post Office website, although many major providers are signed up.

Do banks still take old 20 notes 2022?

The Bank of England will be withdrawing legal tender status of the paper £20 and £50 notes after 30 September 2022, and we are encouraging anyone who has these at home to spend or deposit them at their bank or Post Office.

Can I still exchange old 1000 notes?

The Prime Minister has announced the following moves as part of the demonetisation of old currency notes: Existing Rs 500 and Rs 1,000 currency notes will not be valid from 8th November midnight. All banks and ATMs will remain closed on 9th November.

How do I sell my old notes?

Can you still exchange old 50 pound notes?

Exchanging old notes

30 September 2022 is the last day you can use our paper £20 and £50 notes. 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.

Can I change old 20 notes at the post office?

You'll need to visit your nearest bank branch in person to do this. At the Post Office: 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.

How long can I use old 10 pound notes?

The last day you'll be able to use them is 30 September 2022. After that date, they'll no longer be classed as legal tender. So, the Bank of England is trying to encourage people to either spend them or deposit them at their bank in advance.

Are paper 10 pounds still legal?

The current £10 note replaces our paper £10 note which was withdrawn from circulation on 1 March 2018. 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.