Phil 9 Posted March 24, 2018 Share Posted March 24, 2018 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 Quote Link to comment Share on other sites More sharing options...
Mowerman Posted March 24, 2018 Share Posted March 24, 2018 I think a bank will still accept them Quote Link to comment Share on other sites More sharing options...
DaveyP Posted March 24, 2018 Share Posted March 24, 2018 Yes the banks will still take them, as it says on the note " I promise to pay the bearer"....... Quote Link to comment Share on other sites More sharing options...
Ben B Posted March 24, 2018 Share Posted March 24, 2018 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. Quote Link to comment Share on other sites More sharing options...
Denis Watkins Posted March 24, 2018 Share Posted March 24, 2018 After the 1st March deadline, your own bank or building society will exchange them Quote Link to comment Share on other sites More sharing options...
Phil 9 Posted March 24, 2018 Author Share Posted March 24, 2018 I managed to get to the bank before they closed and they did change them. Thanks for the help Quote Link to comment Share on other sites More sharing options...
Dave Hopkin Posted March 24, 2018 Share Posted March 24, 2018 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 Quote Link to comment Share on other sites More sharing options...
Former Member Posted March 24, 2018 Share Posted March 24, 2018 [This posting has been removed] Quote Link to comment Share on other sites More sharing options...
Robert Parker Posted March 24, 2018 Share Posted March 24, 2018 My building society and local post office refused to accept a couple that I had saying that only banks would take them. Regards Robert Quote Link to comment Share on other sites More sharing options...
Bob Burton Posted March 24, 2018 Share Posted March 24, 2018 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 Quote Link to comment Share on other sites More sharing options...
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