Are Northern Bank Notes Still Valid In 2019?

Banknotes have been issued for use specifically in Northern Ireland since 1929, and are denominated in pounds sterling.

They are legal currency, but technically not legal tender anywhere (including Northern Ireland itself)..

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of Scotland and Ulster banknotes (as with all Scottish and Northern Irish banknotes) remain legal currency, will not be withdrawn from circulation in the same way as the Bank of England notes, and have no end date for acceptance. You are unable to swap / deposit commemorative coins.

Can I change Irish notes at post office?

The Post Office will continue to accept paper notes for customers to pay into their account. … The Northern Ireland note issuing banks will continue to accept old paper based notes and there are currently no plans to change this.”

Can I use Ulster banknotes in Scotland?

Banknotes issued by the authorised banks in Scotland and Northern Ireland are legal currency and can be accepted throughout the United Kingdom.

Can you still bank old 5 notes?

The only place you can now exchange your paper notes for crisp polymer notes is at The Bank of England. Banks, building societies and Post Offices no longer accept the paper note even for exchanges, so you will have to physically go down to the BoE if you want to get your hands on fresh plastic notes.

Can you still use the old 20 pound notes?

When do the old £20 notes expire? 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. It has said it will give people six months’ notice to use the notes once it makes the announcement.

Can you still use paper 5?

While the paper £5 and £10 notes are no longer legal tender, they will always be accepted by the Bank of England. People can take or post any old notes to the bank in Threadneedle Street, in the City of London, to be exchanged for a new-style polymer one. … Banknotes can also be exchanged by post.”

Are old 5 pound notes worth anything?

At the moment paper fivers are not rare and won’t fetch high value bids from collectors, although there are a number of the notes listed on eBay. Notes are likely to become more valuable in the future if they have a low serial number or are in mint condition.

Who owns Northern Bank?

Danske BankMidland BankDanske Bank/Parent organizations

Do English shops accept Scottish notes?

English banknotes aren’t legal tender in Scotland. Scottish notes aren’t legal tender in England or Scotland. Debit cards, cheques and contactless aren’t legal tender anywhere.

How long can I use old 20 pound notes?

When do the old £20 notes expire? Paper £20 notes can continue to be used as normal for now, as an end date for their use is yet to be announced. According to the Bank of England, it plans to give six months’ notice before the paper £20 is taken out of use.

Where can I change old bank notes?

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.

Are Northern Bank notes valid in 2020?

The Northern Ireland note issuing banks will continue to accept old paper based notes and there are currently no plans to change this.” Meanwhile First Trust Bank confirmed in February that they will cease their own note issuance by June 30 2020 and will instead dispense Bank of England banknotes.

What bank notes are going out of circulation in Northern Ireland?

Ulster Bank, Danske Bank and Bank of Ireland paper £5 and £10 banknotes were withdrawn from circulation on 30 September 2019. Banks will continue to exchange the old paper based notes. First Trust banknotes will cease to be legal currency from midnight on 30 June 2022.

Will banks still take old notes?

While the Bank of England is happy to honour old bank notes, the Royal Mint takes no responsibility for coins that are no longer in circulation. The old pound coin deadline was 15 October 2017. But don’t worry – your bank will almost certainly let you exchange or deposit your old coins.

Do shops have to accept Northern Irish notes?

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 10 notes in Northern Ireland?

Northern Ireland £5 and £10 paper notes are to be withdrawn from circulation on Monday. In February, Bank of Ireland, Danske Bank and Ulster Bank began circulating notes made from polymer – a thin plastic material. From Monday, retailers can refuse to accept the older paper notes at their own discretion.

Which 20 pound notes are out of circulation?

On 20 February 2020 we issued a new polymer £20 note. You will still be able to use the paper £20 note until we withdraw it from circulation. We will announce the withdrawal date after we have issued our new polymer £20 note.

First Trust Bank banknotes remain legal currency until midnight on the 30th June 2022. This means you will experience no change to how you can use First Trust Bank banknotes until after this date.

Can you still use Northern Bank notes?

“Although the existing Northern Bank notes will gradually be withdrawn from circulation, they can of course continue to be used in the usual way and will be accepted in retail outlets.”

Where can I change old 5 notes?

Old banknotes retain their value for all time, so while you can’t use them in shops, you can return them to the Bank of England or to most major banks and get a new polymer banknote in exchange. If you’ve got a new polymer £5, check if it’s worth a fortune.