What bank notes are accepted in the UK?
Bank of England notes are the only banknotes that are legal tender in England and Wales. Scottish and Northern Irish banknotes are not legal tender anywhere, and Jersey, Guernsey and Manx banknotes are only legal tender in their respective jurisdictions.
Can I use Bank of Ireland paper notes?
The Post Office will also continue to accept paper notes for customers who use branches to pay in to their account. Bank of Ireland, Danske Bank and Ulster Bank have agreed they will exchange their own paper £5 and £10 notes from non-customers up to the value of £250.
Can you spend Irish notes in UK?
There are two banks in Northern Ireland which issue bank notes and, although this cash is in sterling, it is not actually legal tender in England. Many retailers will still accept them but they are under no obligation to do so, according to the Bank of England.
Can you still use paper notes in the UK?
The Bank of England has announced that the old notes will go out of circulation on 30 September 2022. This mean 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.
Can I still use Bank of Ireland 20 notes?
These notes are still in circulation and some may have different dates and signatures from those shown below, however the security features will remain the same. If in doubt, please go to your branch.
Do banks still accept paper 10 notes?
They were both replaced with plastic “polymer” versions. 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.
Are Bank of Ireland paper 20 pound notes still legal tender?
A line on its website reads: “Don’t worry, you can still use the paper £20 note for now.” And there won’t be a rush to get out and hand your notes over to a shopkeeper any time soon. The Bank said it will give six-months notice before the notes are no longer accepted as cash.
Can shops legally refuse cash?
Also, despite some confusion regarding ‘legal tender’, retailers are not legally obliged to accept cash payments and such decisions are at the business’ direction, as long as they are not discriminating against the customer.
How much is an Irish 10 pound note worth?
The ploughman £1 notes from the period 1928 to 1939 can be worth from £20 to £100-plus, depending on condition. A £5 ploughman note should fetch £50 to £200, subject to condition, while a £10 note should fetch “£150 upwards”.
Is it illegal for a shop to refuse cash?
According to the Money Saving Expert, shops are legally allowed to refuse cash payment for items as long as they are not discriminating against the customer. … “It means if you have a court awarded debt against you if someone tries to settle and they’re paying in the legal tender you cannot refuse it.