Are Bank of Ireland 20 pound notes still legal tender?
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Are Bank of Ireland 20 pound notes still legal tender?
All AIB Group (UK) plc/First Trust Bank banknotes will cease to be legal currency after midnight on 30 June 2022 and can be used as normal until then. Turner was revealed as the character for the £20 note in April 2016.
Are Bank of Ireland paper notes still legal tender?
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. Please click on each note below for further detail on their individual security features.
Where can I exchange old sterling notes in Ireland?
Old sterling Provincial Bank of Ireland Limited, Allied Irish Banks Limited and Allied Irish Banks p.l.c. banknotes can be exchanged for the equivalent face value in Bank of England banknotes, or other sterling banknotes of equivalent face value, in person at AIB branches in Northern Ireland, at no cost.
Are Ulster Bank 20 pound notes still legal tender?
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of Scotland and Ulster banknotes (as with all Scottish and Northern Irish banknotes) remain legal currency, will not be withdrawn from circulation in the same way as the Bank of England notes, and have no end date for acceptance.
Can you use Bank of Ireland sterling notes in England?
Banknotes issued by the authorised banks in Scotland and Northern Ireland are legal currency and can be accepted throughout the United Kingdom.
What sterling notes are legal tender?
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 you still exchange old Sterling notes?
Exchanging old banknotes Many banks accept withdrawn notes as deposits from customers. The Post Office will also accept withdrawn notes as a deposit into any bank account you can access at the Post Office. And you can always exchange withdrawn notes with us.
Are old Irish pound notes worth anything?
The value of old Irish banknotes could have at least doubled over the past three years. According to Mr Ian Whyte, director of Whyte’s auctioneers in Marlborough Street, Dublin, the values of early 19th century Irish banknotes can range from around £50 up to £500-plus, with most of them fetching £100 to £300.
Can I use Bank of Ireland notes in England?
In conclusion, there is no reason why Scottish and Northern Irish banknotes should not be accepted in other parts of the UK. While they may not be legal tender, they are legal currency and are backed by the Bank of England.
What sterling notes are out of circulation?
Paper £10 and £5 banknotes have already been withdrawn, while paper £20 and £50 notes cannot be used after 30 September 2022. They have been replaced with new plastic notes with a series of security features. However, the Bank of England said it will continue to swap old notes for their face value.
Are bank of Ireland notes legal tender in the UK?
Bank of England notes are the only banknotes that are legal tender in England and Wales. Scottish, Northern Ireland, Jersey, Guernsey and Manx banknotes are not legal tender in England and Wales.
Do Irish banks accept sterling?
Most of the UK banks operating in Northern Ireland, for example, allow Irish residents to open sterling accounts. As far as I can see, many will allow you to do so either in person or over the phone. A number even allow you do so from here, working through their branch network in the Republic.
Are Bank of Ireland notes legal tender in the UK?
Can I use Irish sterling in England?
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.
What should I do with old GBP notes?
At your bank 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. The Post Office Opens in a new window may also accept withdrawn notes as payment for goods and services, or as a deposit into any bank account you can access with them.
Are old sterling notes legal tender?
Are old banknotes worthless? No they are still legal tender and be converted to Euro in the Central Bank of Ireland.
Can I use Irish notes in England?
The Bank of England provides the following answer to the question of whether or not Scottish and Northern Irish banknotes are legal tender: “In short ‘No’ these notes are not legal tender; only Bank of England notes are legal tender but only in England and Wales.