Money exchange
Moderators: PoshinDevon, Soner, Dragon
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- Kibkommer
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Money exchange
Do the money exchange places still accept the paper £50 notes ?
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- Verified Member
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Re: Money exchange
The one at the top of the hill in Kyrenia did last week, opposite St Georges or whatever it's called.
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- Kibkommer
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- Kibkommer
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Re: Money exchange
Well they keep coming out of TEB ATM machines.
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- Business contributing to forum
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Re: Money exchange
I recon you be ok at the Karakum exchange place
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- Kibkommer
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- Kibkommer
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Re: Money exchange
Thanks for all your replies.
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- Kibkommer
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Re: Money exchange
Thanks for that,was wondering if all exchanges accept them or if some have stopped changing them as there due to be taken out of circulation in September
[/quote]
It's the £20 which is out of circulation 22/9
[/quote]
It's the £20 which is out of circulation 22/9
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- Kibkommer
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Re: Money exchange
The Bank of England will be withdrawing legal tender status of the paper £20 and £50 notes after 30 September 2022.
There are approximately £9 billion worth of paper £20 and £15 billion worth of paper £50 notes still in circulation.
As they are returned to the Bank of England, these are being replaced with the new polymer £20 notes
featuring J.M.W. Turner, and polymer £50 notes featuring Alan Turing.
After 30 September 2022, the new polymer notes will be the only ones with legal tender status.
Clydesdale Bank, Royal Bank of Scotland and Bank of Scotland are also in the process of withdrawing their paper £20 and £50 notes
and suggest that retailers and the public spend or deposit these notes by 30 September 2022 as well.
https://www.bankofengland.co.uk/news/20 ... -banknotes
There are approximately £9 billion worth of paper £20 and £15 billion worth of paper £50 notes still in circulation.
As they are returned to the Bank of England, these are being replaced with the new polymer £20 notes
featuring J.M.W. Turner, and polymer £50 notes featuring Alan Turing.
After 30 September 2022, the new polymer notes will be the only ones with legal tender status.
Clydesdale Bank, Royal Bank of Scotland and Bank of Scotland are also in the process of withdrawing their paper £20 and £50 notes
and suggest that retailers and the public spend or deposit these notes by 30 September 2022 as well.
https://www.bankofengland.co.uk/news/20 ... -banknotes