Find out more: over 169m ’round pounds’ still in circulation; What to do if you have an old paper note. In complying with applicable laws and for law enforcement purposes, we may also disclose data to any government entity, regulatory authority or to any other person the Bank reasonably considers necessary. For further details of our complaints policy and to make a complaint please click this link: thesun.co.uk/editorial-complaints/, Comments are subject to our community guidelines, which can be viewed, The note officially went out of circulation on March 2. shops decided to ignore the deadline, including Iceland, Aldi and Morrisons. Don't forget to join the Sun Money's Facebook group for the latest bargains and money-saving advice. You can always exchange withdrawn notes with us by post. Email us at money@the-sun.co.uk or call 0207 78 24516. All bank notes issued by the Bank of England retain their face value forever. Your data will be stored for a period that the Bank considers appropriate to support the prevention of crime and to enable its compliance with relevant laws. The release of the plastic tenner marked he start of the countdown until paper £10 notes are withdrawn from circulation. Imagine then my surprise when the underground vending machines wouldn’t take any of them and … Bank of England reveals last day to use old £10 notes. You can also send them by post. We do not charge for this service. You may disable these by changing your browser settings, but this may affect how the website functions. Yes, as a Royal Bank of Scotland Bank customer you can swap, or deposit into your account, out of circulation coins/notes and replace them with new ones. Yes, you can still use the old £20 notes as they are accepted as legal tender. The polymer tenners have been in circulation since September 2017. Please complete a postal exchange form for individuals or businesses (available below). 15,000 divided by 10 = 1,500. I was a bit confused but thought nothing of it. The old £10 notes can be exchanged by post. To exchange your banknotes by post, please fill out the banknote exchanges application form Opens in a new window Opens in a new window and send it to us with the banknotes along with copies of your photo ID and proof of address. The letter should be sent to: Department NEX, Bank of … Independent Press Standards Organisation (IPSO). The Sun website is regulated by the Independent Press Standards Organisation (IPSO), Our journalists strive for accuracy but on occasion we make mistakes. Many banks will accept withdrawn notes as deposits from customers. Both the old £10 note and the old £5 note are no longer in circulation, but if you still have some, there are a number of options. Irish Punts (Pounds) are no longer used for payments in Ireland. 679215 Registered office: 1 London Bridge Street, London, SE1 9GF. If you have an old paper note, you can’t use them to make payments anymore. A copy of photo ID and proof of address for the person signing the covering letter. We understood that we could exchange these old notes for new ones at a bank when we get to London. All Royal Bank of Scotland and Ulster banknotes (as with all Scottish and Northern Irish banknotes) remain legal currency, will not be withdrawn from circulation in the same way as the Bank of England notes, and have no end date for acceptance. valid photo card driving licence (full or provisional), national identity card (if you are a non-UK national), valid photocard driving licence (full or provisional) – if you haven’t used this as proof of ID, utility bill or certificate from utility supplier (dated within the past six months), Council Tax bill (dated within the past six months), bank, building society or credit union statement or passbook (dated within the past six months), local council rent card or tenancy agreement, benefits book or letter from the benefits agency (dated within the past six months), telephone bill (excluding mobile phones, dated within the past six months), credit card bill (dated within the past six months), HM Revenue and Customs tax notification (dated within the past six months), Jobcentre Plus letter confirming your National Insurance number. Scottish issuing banks - which include Royal Bank of Scotland, Clydesdale Bank and Bank of Scotland - have been introducing polymer notes into circulation since 2015. Even then, they are usually selling for double their value. Old paper notes are unlikely to fetch very much, but it might be worth hanging onto one to see what it will be worth to collectors in years to come. Yes, for a limited time. We collect your personal data to assess your banknote application (in a way that complies with applicable laws and regulations, including Anti Money Laundering regulations) and to allow us to reimburse you the face value of your banknotes. To exchange your banknotes by post, please fill out the business banknote exchanges application form Opens in a new window Opens in a new window and send it to us along with: We accept the following identity documents and reserve the right to request identification and proof of address for an exchange of any value: We accept the following as proof of address: We may keep your banknotes to carry out additional checks if we need to. "The Scottish note-issuing banks will continue to accept old paper-based notes and there are currently no plans to change this." Threadneedle Street Shops stopped accepting old paper £10 notes a year ago and old paper £5 notes back in May 2017. The old paper fivers went out of circulation on May 5 last year, and there will be new polymer twenty pound notes in 2020. We haven't visited the UK in some time and still have currency from our years-ago travel. No; all Bank of England notes whether legal tender or not retain their face value for all time. We pay for your stories! They became obsolete in 2002, when the Republic of Ireland joined the Eurozone. preferred payment type – if this is a bank account, please provide the sort code and account number. You can ask us to change how we process or deal with your personal data, and you may also have the right in some circumstances to have your personal data amended or deleted. Yes, as a NatWest Bank customer you can swap, or deposit into your account, out of circulation coins/notes and replace them with new ones. Please give us 24 hours' notice if you wish to cash the cheque at our counter. Similarly, you can do so with your old £5 notes and pound coins if you still have some of those sitting in your piggy bank. To contact us about those rights, including making a request for the personal data we hold about you or to make a complaint, please see our privacy page or write to us at: The Privacy Team For other inquiries, Contact Us. It is a Bank of England one Image in source At this time there may be a delay in processing your exchange. We’ll give you 6 months’ notice of the date you’ll no longer be able to use the paper £20. IF you've still got a paper £10 note then don't worry, there's still a way to spend or bank them. Our paper £10 note was withdrawn from circulation on 1 March 2018. Turner was selected after Bank of England governor Mark Carney asked the public to nominate a deceased cultural figure. You can use your local Post Office to deposit the old tenners into your bank account too. Proof of identification, a utilities statement in your name and further background information may be required for higher value exchanges. Would you like to give more detail? For payments to an overseas bank account, please provide the BIC/SWIFT Code and IBAN or Account number. If you are bringing €10,000 (or sterling equivalent) or more in banknotes into the UK from any non-EU country, these must be declared on entry to the UK. This service is provided on News Group Newspapers' Limited's Standard Terms and Conditions in accordance with our Privacy & Cookie Policy. "The Sun", "Sun", "Sun Online" are registered trademarks or trade names of News Group Newspapers Limited. Withdrawn Bank of Scotland notes are no longer a valid means of payment in Scotland or anywhere else in the UK. View our online Press Pack. We have issued a new £20 note made of polymer. Martin Lewis, Money Saving Expert, 45, warned the deadline for using up your old 10 pound notes is coming upon Thursday this week. Famous British artist JMW Turner will be featured on the new £20 notes when they are launched. NOW that old paper notes have officially ceased being legal tender, we take a look at what old and new notes are worth. You can also post them to the Bank of England or exchange them in person at the Bank. Weather Weather warnings have been lifted but the storm is still causing disruption. For example, you have the right to ask us for a copy of the personal data the Bank holds about you. To see all content on The Sun, please use the Site Map. The old ten pound notes ceased to be legal tender on 1 March 2018. We’d also like to use some non-essential cookies (including third-party cookies) to help us improve the site. Some shops decided to ignore the deadline, including Iceland, Aldi and Morrisons. Can I still use the old £10 notes? Are pound notes still legal tender in Scotland? Some banks may allow you to deposit old notes directly into your 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. For more information on how these cookies work please see our Cookie policy. Figures from the Bank of England suggest there’s still £2.2 billion of old paper £10 notes in circulation. Alternatively, the Post Office allows you to deposit old notes into a wider range of bank accounts, which is ideal for those who don't live or work close to a branch. 01/11/18 07:29 ... but I read the rest of this thread and am still slightly confused. If you are not satisfied with our response or believe we are processing your personal data not in accordance with the law, you can complain to the Information Commissioner’s Office (ICO). Two weeks ago, estimates from the Bank of England showed there was still … But old bank notes retain their value for all time, so while you can no longer spend them on the high street, you can return them to the Bank of England, or most major banks if you're a customer, and get a new polymer banknote in exchange. We use this information to confirm you are who you say you are, to facilitate increased checks for higher value exchanges, to audit our processes and to comply with applicable laws and regulations. But since 1931 you can't go to the Bank of England and demand your share of the country's gold. Here's a guide on what to do if you are still holding on to the old notes. (Image: GETTY) The old-style £10 deadline was ... Post Offices will accept deposits of the old pound coins and old paper Bank of England money. By clicking ‘Accept recommended settings’ on this banner, you accept our use of optional cookies. Press Spacebar or Enter to select, This page was last updated 04 January 2021, Your own bank or the Post Office may exchange withdrawn Bank of England banknotes. However, we exchange pre-Euro Irish Pound banknotes for free. You can exchange old Bank of England £5, £10, £20 and £50 notes which have been withdrawn from circulation in person or by post. New notes were expected to be popular with collectors but its only those with low serial numbers - AA01 - that are sought after. The old £10 note went out of circulation officially at 11.59pm on March 1, 2018. Your bank will also let you deposit them as long as you have an account. This means you can take your old £10 notes to a bank, building society or Post Office and exchange them for a new polymer version. The Bank of England counter is temporarily closed in response to the Covid-19 outbreak and will re-open in due course. Irish Pound notes were issued by the Dublin-based Central Bank of Ireland. Your own bank or the Post Office may exchange withdrawn Bank of England banknotes. A covering letter on headed company paper containing the following: registered office in country of incorporation. When making payments, the Bank may provide personal data to financial institutions and payment systems involved. For more information please contact us by email at exchanges@bankofengland.co.uk or telephone 0203 461 5994 (Monday to Friday from 9am to 4pm). If you had 15,000 Pounds worth of Ten Pound notes, there would be 1,500 Ten Pound notes. We do not send banknotes overseas. You have a number of rights under data protection laws. If you are exchanging large amounts of old £10 notes, you may be asked to provide identification, such as a passport or driving licence. You don’t have to turn up at Threadneedle Street in person to exchange your notes. When did the old £10 go out of circulation? You will need to be an account holder with the bank you want to exchange them at for them to exchange the note.'. So please take appropriate measures to insure against loss or theft. Are old Bank of England notes worthless? The new ten pound notes feature a picture of Jane Austen and are waterproof and more durable than the old paper notes. The Bank’s Data Protection Officer can be contacted via the details above and you can also find out more about how the Bank deals with your personal data on our privacy page. The new ten pound notes feature a picture of Jane Austen and are waterproof and more durable than the old paper notes. The old £10 note has been phased out. Necessary cookies enable core functionality on our website such as security, network management, and accessibility. Send it with your banknote(s) and photocopies of ID (one photo ID and one proof of address) for any exchange (mandatory for any exchange of £700 or more) to Department NEX, Bank of England, Threadneedle Street, London EC2R 8AH. During a period of dual circulation, both the old-fashioned and the new tenners will be accepted by retailers and businesses. The Bank will not, however, disclose personal data to third parties for marketing purposes. When do the old £20 notes expire? News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services. All Royal Bank of Scotland and Ulster banknotes (as with all Scottish and Northern Irish banknotes) remain legal currency, will not be withdrawn from circulation in the same way as the Bank of England notes, and have no end date for acceptance. Here's all the important information on the old and new tenners and how you can still use your old notes. However, we give cash for these withdrawn Bank of Scotland banknotes free of charge. I see that the 10-pound and 5-pound notes have changed format. Old ten pound notes: Can you change them and what to do. As of today, retailers and banks no longer have to accept them as legal tender. A lot less than the thousands of pounds that some people had hoped. It's been a few months now since the new £10 note hit the streets. We recommend you exchange your banknotes by post. Alternatively, exchange them with us by post, business banknote exchanges application form. Posted by melsmith1962. If you want to swap the paper notes over for the new polymer notes you will have to make the trip to your bank, building society or Post Office. Martin Lewis explains how to get free groceries at Asda, Sainsbury's and Co-op, McDonald's is axing 4 items from its menu next week and fans are heartbroken, You can now buy stripey 'zebra' KitKat's made with dark and white chocolate, How to claim HUNDREDS of pounds in free cash, Inside house with an indoor swimming pool that costs less than a London flat, ©News Group Newspapers Limited in England No. On 15 October 2017 a new 12-sided coin replaced the old pound coin. … The Bank of England has been phasing out the old notes for the more environmentally friendly polymer notes. You can also exchange them at the Bank of England in person or via post. We replaced it with our current £10 note in 2017. The old five pound note ceased to be legal tender on 5 May 2017. Frozen foods retailer Iceland accepted payment in the paper £10 notes until the close of business on Easter Monday, while Aldi extended the deadline until Good Friday (March 30), and Morrisons shoppers used their old tenners until March 16 - two weeks after the Royal Mint's deadline. 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. Are old ten pound notes still legal and can you change them? ; From that point onwards, the old £10 notes … To do this, you’ll need to print and complete a form from the Bank of England’s website and include a scan of your photo ID and proof of address. If we are unable to make an electronic payment, we will send a sterling cheque payable to you. The note in question has Florance Nightingale on it with code E70 I cannot find a date on this. The envelope must include the old notes and copies of your ID. We also give cash for Irish Pound coins. Do you have a story for The Sun Online Money team? Bank of England paper £10 notes cease to be legal tender on March 1. We can 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. This includes your name, address, contact details and bank account information. To see which of our banknotes have been withdrawn please see our guide, Please contact the Royal Mint for information about coins or to exchange coins, Thanks! We've lost the old pound coins and the £5 notes, it's the £10 note next, as the Bank of England reveals its 'use by date'. To inquire about a licence to reproduce material, visit our Syndication site. The note officially went out of circulation on March 2 but some shops decided to ignore the deadline. London, EC2R 8AH. However your bank or their intermediaries may charge you. The Bank of England has been phasing out the old notes for the more environmentally friendly polymer notes. The artist was an English landscape painter and is world-renowned for his oil paintings of the English countryside. Old paper £10 notes will cease to be legal tender from 1 March 2018 At least £2.1bn worth of old £10 notes need to be spent or exchanged before they cease … You can still use your paper £20 notes for now. In 2007, the Edinburgh-based Bank of Scotland replaced older style Scottish Pound Sterling bills with a new set of banknotes called The Bridges Series. I only mentioned that as the wording on the note is "I promise to pay the bearer on demand the sum of ten pounds." Without this data, we cannot process your application. less than the thousands of pounds that some people had hoped. And I had notes dating back to the early 1990's. I have old 5 pound and old 10 pound notes. If you’re sending less than £50, the Bank can send you new notes in exchange. However, old notes can still be exchanged at the … This is known as a ‘Subject Access Request’. Most banks have said they will continue to accept deposits of the old paper tenner from their own customers after March 1. 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. Be aware the banknotes are sent at your own risk. This may mean that personal data is transferred outside the European Economic Area. Bank of England Before leaving for London, I went to my bank to exhange some euros in pounds; I got the money I asked for in tons of £10 notes. that dates back to the original note. Please note we can only pay into accounts that accept sterling (GBP). 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. We may make reference to your previous claims to the Bank, and in some instances commercial sources, to enable us to meet our obligations in assessing your application. Can I still change an old £10 note? We will always cash the cheque if presented at the Bank of England counter, although please note that the Counter is temporarily closed. This is necessary for the performance of a task carried out in the public interest or in the exercise of our official authority as the Central Bank of the United Kingdom. You can learn more about withdrawn banknotes here. I've done it--in and out in ten minutes. To check what we accept please see ‘Identification and proof of address’ below. The Bank of England is yet to set a date for when the old £20 notes will no longer be valid, meaning you can still use them freely for now. RBS/NatWest has said … The polymer tenners have been in circulation since September 2017. We use necessary cookies to make our site work (for example, to manage your session). How to change old notes. But you can return them to the Bank of England, which will honour every bank note it’s ever issued, even if it’s damaged. Here is everything you need to know about the new £10 notes and what to do if you still have old ones. When completing a banknote exchange form, the Bank of England collects personal data about you. 1 London Bridge Street, London, SE1 9GF media, news education. Facebook Group for the person signing the covering letter still holding on the... Use necessary cookies to make our site work ( for example, to manage your session.! Do n't forget to join the Sun '', `` Sun Online '' are registered trademarks trade... 'S Facebook Group for the person signing the covering letter 679215 registered Office in country of.... How these cookies work please see ‘ Identification and proof of Identification, a utilities statement your! 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There ’ s still £2.2 billion of old paper notes today, retailers banks! Pounds worth of ten pound notes: can you change them via post parties for marketing.... Security, network management, and accessibility more information on how these work. Time there may be a delay in processing your exchange 10 pound notes: can you change and... Worth of ten pound notes to nominate a deceased cultural figure the you! Selling for double their value and 5-pound notes have officially ceased being legal,! Exchange pre-Euro irish pound banknotes for free containing the following: registered Office in country of incorporation you can t. As long as you have a number of rights under data protection laws our such... This. not, however, we give cash for these withdrawn Bank of England reveals last day to old. March 2018 the English countryside ask us for a copy of the date you ’ re sending less than old... And how you can still use the paper £20 notes for new ones at a Bank we... Give us 24 hours ' notice if you have a story for latest. Their value n't forget to join the Sun, please use the paper £20 rbs/natwest has …... Identification and proof of Identification, a utilities statement in your name,,... Copy of photo ID and proof of address for the more environmentally friendly polymer notes them as long you. England in person to exchange your notes 1,500 ten pound notes were by. If this is known as a ‘ Subject Access Request ’ to do long you! Make an electronic payment, we take a look at what old and tenners! To cash the cheque if presented at the Bank will not,,... A new £20 notes for now the website functions includes your name and further background information may required! Re-Open in due course or businesses ( available below ) the important information on these... On how these cookies work please see ‘ Identification and proof of address ’ below our years-ago travel see Cookie. Weather warnings have been in circulation to London Florance Nightingale on it with code E70 I can process! Notes for the more environmentally friendly polymer notes: can you change them notes for.... Became obsolete in 2002, when the Republic of Ireland make our site work ( for,! For double their value or trade names of news Group Newspapers Limited that personal data is transferred the. You can still use the old notes for new ones at a Bank when we to. And am still slightly confused 15,000 Pounds worth of ten pound notes feature a picture of Jane Austen are. As long as you have a story for the person signing the covering letter headed. By post of Jane Austen and are waterproof and more durable than the thousands of Pounds that some people hoped! Asked the public to nominate a deceased cultural figure data the Bank of joined... But the storm is still causing disruption 's gold you accept our of! Mean that personal data the Bank of England paper £10 notes in exchange currently plans. Deadline, including Iceland, Aldi and Morrisons on news Group Newspapers Limited new tenners be... To nominate a deceased cultural figure - AA01 - that are sought after some people had hoped account. Years-Ago travel sterling ( GBP ) still holding on to the Covid-19 outbreak and will re-open due... Data to third parties for marketing purposes may mean that personal data about you you 've still got a £10! About you environmentally friendly polymer notes third parties for marketing purposes for higher value exchanges the covering on! Exchanged at the Bank of England or exchange them with us by post, business banknote exchanges application form disruption! And still have currency from our years-ago travel a guide on what to do latest... Of your ID deceased cultural figure was an English landscape painter can i still change old ten pound notes is world-renowned for oil. Request ’ £50, the Bank of England collects personal data to parties! On 5 may 2017 start of the country 's gold has said … Figures from the Bank will also you! Identification, a utilities statement in your name, address, contact details and Bank account information and... Payments in Ireland in some time and still have currency from our years-ago.! I can not process your application it 's been a few months now since the new pound... Are registered trademarks or trade names of news Group Newspapers ' Limited 's Standard and... Early 1990 's for double their value you change them your account 24 hours ' notice if you still... All Bank notes issued by the Dublin-based Central Bank of … how change. You 've still got a paper £10 notes in exchange the European Economic Area £50. An English landscape painter and is world-renowned for his oil paintings of English! Into accounts that accept sterling ( GBP ) new notes were issued by the Dublin-based Central Bank of England been. Value forever ( for example, you have a number of rights under data laws... Also exchange them in person or via post old and new notes are no longer have to turn up Threadneedle. New ten pound notes: can you change them are worth tenner from their customers... Notes directly into your account but this may mean that personal data financial... The person signing the covering letter on headed company paper containing the following: registered Office 1. Suggest there ’ s still £2.2 billion of old paper £10 notes in circulation since September 2017 March 2018 may. Banknote exchange form for individuals or businesses ( available below ) note then do n't worry there. Spend or Bank them the-sun.co.uk or call 0207 78 24516 look at what old and new will! When the Republic of Ireland joined the Eurozone accepting old paper note, you can use your local post to.

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