Edward Elgar £20 notes in UK

Edward Elgar £20 notes in UK

12/31/2017 4:23:28 PM

2017 update.
I have been given some out of date pound notes and coins, mixed with current money.

The high street banks and building societies in England would only deposed the old money into an account with the same bank, and only the more recent notes and coins.
The post office did not want to do anything, ‘We do not do that at all.’

The bank that did accept the coins into an UK bank account did send us on to the Bank of England website.
On that site they mention they will exchange old bank notes for new if you live within England, send a check or pay into a bank account. And for the ‘pay into a bank account’ they ask for international details if you want the money send to a bank out of the UK.
That same site also mentions you can visit in person and have your money sorted there. Under 1000 pound no ID is needed, for bigger amounts it is.

The bank of England does not do coins, the Mint handles those but on their site they just send people to their banks who will allow them to be handed in when you have an account there. For a few coins, handing them to charities is a good suggestion, but tourist who have quite a few will be having difficulties getting their value.

7/1/2016 10:57:30 PM

Differences Between Notes

It is very rare now to see the old style £20 bank notes in UK. Normally when the Bank of England changed the notes they stayed mostly the same but just had a different picture. However with the level of fraud encountered with the old style notes, the bank radically changed the design of the new style £20 note.

Below are specimen notes produced by the bank. The current note:
Current £20 note

The old Elgar £20 note:

Old Elgar £20 note

As they look significantly different and are very uncommon now, most shops and traders will reject them. You probably will not be able to spend them in larger shops either as staff tend to reject any notes that they are not use to. This includes notes issued by the Bank of Scotland which also look different to the English £20 note.

Exchanging Notes

As well as being able to exchange notes in person at the Bank of England, you can also exchange them by post. Upto £999 pounds can be exchanged without ID and the money can be returned as cash (upto £50), a sterling check or paid into a sterling bank account. Overseas bank accounts are accepted as long as a BIC/SWIFT number and IBAN is provided.

The instructions of how to do this and the address to send the notes to can be found on the Bank of England’s website.

Exchanging for an individual via the post

Image References

7/1/2016 4:56:04 PM

I’ve personally had good luck feeding out-of-date notes to the automatic check out machines in supermarkets. Could be worth a try.

Banks will be disinclined to help you if you are not a customer of theirs. THe Bank of England is not an especially pracitcal location to visit.

7/1/2016 4:29:57 PM

I cannot give you an official answer [there is no official answer] but I think you will not have much trouble exchanging it eventually, even if you are rejected a few times.

In most places a £20 note does not receive much scrutiny. Taxi drivers and sole traders may be reluctant; someone at an airport shop, a restaurant or a bar probably won’t look very closely.

Personally, I would not pay much attention to the picture if someone gave me a £20 note in change.

You can also exchange the note by post, you don’t have to visit the Bank of England in person. http://www.bankofengland.co.uk/banknotes/Pages/about/exchanges/publicpost.aspx

Credit:stackoverflow.com‘

About me

Hello,My name is Aparna Patel,I’m a Travel Blogger and Photographer who travel the world full-time with my hubby.I like to share my travel experience.

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