By continuing to use this site, you agree to our use of cookies. Find out more
Forum sponsored by:
Forum sponsored by CML

can i still bank paper 10 notes

All Topics | Latest Posts

Search for:  in Thread Title in  
Phil 924/03/2018 11:57:30
4287 forum posts
256 photos

I found some in a savings tin. Can I till bank them and if yes how long do I have left to do that.


Edited By Phil 9 on 24/03/2018 11:59:35

Mowerman24/03/2018 12:10:41
1561 forum posts
105 photos

I think a bank will still accept them

DaveyP24/03/2018 12:19:20
239 forum posts
47 photos

Yes the banks will still take them, as it says on the note " I promise to pay the bearer".......

Ben B24/03/2018 12:28:05
1461 forum posts
4 photos
That only applies to the Bank of England. Other banks and companies do not have to..... they might agree to then they return turn to BoE but they're not obliged to.
Denis Watkins24/03/2018 13:15:31
4649 forum posts
131 photos

After the 1st March deadline, your own bank or building society will exchange them

Phil 924/03/2018 13:49:04
4287 forum posts
256 photos

I managed to get to the bank before they closed and they did change them. Thanks for the help

Dave Hopkin24/03/2018 14:58:10
3672 forum posts
294 photos

The legal position is that the Bank of England will exchange them for ever as there are a promisary note for £10, but retail banks/building societies are not legally bound to accept them after the 1st March,

From our internal web site the XXXXXXX bank will continue to accept them and that position will be reviewed on the 1st September

Former Member24/03/2018 15:20:01
3573 forum posts

[This posting has been removed]

Robert Parker24/03/2018 16:31:54
1003 forum posts
1378 photos

My building society and local post office refused to accept a couple that I had saying that only banks would take them.



Bob Burton24/03/2018 17:02:35
185 forum posts
Posted by Tom Sharp 2 on 24/03/2018 15:20:01:

They will pay them into your account but they are not obliged to give you notes in exchange.

Edited By Tom Sharp 2 on 24/03/2018 15:21:14

I remembered that I still had one one earlier today so will be taking it into my bank next week. If they will not exchange it for a new one I will simply pay it in and ask to withdraw £10

All Topics | Latest Posts

Please login to post a reply.

Latest Forum Posts
Support Our Partners
electricwingman 2017
Sussex Model Centre
Advertise With Us
Latest "For Sale" Ads
NEW POLL - has the pandemic altered your event safety perceptions?
Q: Has the covid pandemic deterred you from attending shows and events in 2021?

 No, I'll be attending just as many as I usually do
 No, but I'll choose my event with greater care
 Yes, I'll attend fewer events going forward
 Yes, I wont attend any where previously I have

Latest Reviews
Digital Back Issues

RCM&E Digital Back Issues

Contact us

Contact us

Magazine Locator

Want the latest issue of RCM&E? Use our magazine locator link to find your nearest stockist!

Find RCM&E!