Paper £5 Notes - Still Legal Tender?
Paper £5 Notes - Still Legal Tender?
Author
Discussion

Short Grain

Original Poster:

3,435 posts

250 months

Tuesday 14th March 2017
quotequote all
Are these still Legal Tender?
Got one in my change earlier, didn't twig 'till I got home! Can I spend it or should I take it to the bank?

User33678888

1,147 posts

167 months

Tuesday 14th March 2017
quotequote all
Fine til early May.

Cold

16,723 posts

120 months

Tuesday 14th March 2017
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No, they're illegal now. If you send it to me I'll dispose of it for you free of charge and with no legal ramifications for you.

Krikkit

27,938 posts

211 months

Tuesday 14th March 2017
quotequote all
5th May is the cutoff.

Short Grain

Original Poster:

3,435 posts

250 months

Tuesday 14th March 2017
quotequote all
Cheers Guys!!
Cold, I'll sell it to you for a Tenner!!

Fore Left

1,616 posts

212 months

Tuesday 14th March 2017
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Short Grain said:
Cheers Guys!!
Cold, I'll sell it to you for a Tenner!!
I'm happy to provide Escrow for this trade. Please send your notes to me biggrin

droopsnoot

14,691 posts

272 months

Wednesday 15th March 2017
quotequote all
Strange though that there seems to have been far more publicity about the current £1 coins going out of legal tender in October when the replacement hasn't even gone into circulation yet, than the removal of the old fivers in a much shorter time.

Ste1987

1,798 posts

136 months

Wednesday 15th March 2017
quotequote all
droopsnoot said:
Strange though that there seems to have been far more publicity about the current £1 coins going out of legal tender in October when the replacement hasn't even gone into circulation yet, than the removal of the old fivers in a much shorter time.
I can only assume people may have more pound coins on them than fivers, be they in their wallet or in a savings tin.

jeff m2

2,060 posts

181 months

Thursday 16th March 2017
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Promise to pay the bearer

Until I change my mind....

A bit inconvenient for people who travel and like to keep one days money in cash for easy arrival.

randlemarcus

13,646 posts

261 months

Thursday 16th March 2017
quotequote all
jeff m2 said:
Promise to pay the bearer

Until I change my mind....

A bit inconvenient for people who travel and like to keep one days money in cash for easy arrival.
That promise is a Bank of England one, who will happily exchange the old white fiver , that is the size of a napkin, for a current one.

It is not the promise from your local greengrocer.

Anyone who has a drawer full of little plastic folders with a bit of local currency is probably organised enough to take note of legal tender rules for their target destination, and also probably sensible enough to carry a range of banknotes, not all of which are scraggly fivers.

Have you also moaned about the INR notes?

Craikeybaby

12,135 posts

255 months

Friday 17th March 2017
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I got caught out with with Swedish 20Kr notes a few years back. Annoying, but fortunately not worth too much.

SilverSixer

8,202 posts

181 months

Friday 17th March 2017
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You'll always be able to change them, in person, for new ones at the Bank of England. My mother-in-law got stitched by an exchange office abroad recently when they gave her a well out of date £50 note. We swapped it at the BoE for new notes when she got here.