Can Anyone Confirm

[Psybbo]

That Bank of England bank notes are to be phased out and over how long a period?

[Peter Pedant]

and replaced with Euros

or whatever Alex Salmond says will be used in Scortlan'.... turkish liras probably


you may be thinking of chequew - they have been reprieved
as removing them would be age-ist

[tamborine]

New fivers are plastic notes, great for laundering

[dzug2]

Isn't this about the new design of £50 note

[spudqueen]

Exactly dzug. I work in a Post Office and we have recently had notification that the old style £50 notes are being withdrawn. Maybe your friend has some old style £50 notes? If so if she takes them in to her local Post Office or her bank they should be able to exchange them for her.

[emmie]

it won't be yet, the counter staff shouldn't be scaring people this way

http://www.dailymail.co.uk/news/article-2416755/Is-end-paper-bank-note-Bank-England-unveils-plans-plastic-cash-survive-spin-washing-machine-just-dont-try-ironing-it.html

[grasscarp]

I got some plastic notes a couple of years ago in Zambia. They are fab.

[plowter]

Banknotes are withdrawn regularly.
Think your friend may have heard the John Houblon £50 is being withdrawn on 30 April 2014.

http://www.bankofengland.co.uk/banknotes/pages/current/default.aspx

[spudqueen]

emmie - did you read my post? The Post Office have given NO notification to staff that Bank of England bank notes are to be withdrawn. HOWEVER, the old style £50 bank notes are being withdrawn. The new style have already been out for a couple of years.

[EDDIE51]

£50 notes are being withdrawn from circulation but you will always be able to change them at a bank just not spend them in a shop. Plastic notes are being introduced but the old ones will not be withdrawn. They will just be replaced when they are too damaged or dirty to keep in circulation , just as they are at present. A post office worker should have known better than to say things like that.

[EDDIE51]

It is not just the current £50 note that is being withdrawn it is the entire denomination, there will be NO £50 notes only £5, £10 and £20 ones.

[plowter]

Think you may be mistaken, EDDIE51

The Houblon £50s are being withdrawn.
The Boulton and Watt remain the current £50 notes.

Hope so - have got a pile of them under my water-proof floorboards.

[EDDIE51]

Yes I got it wrong, though there is a proposal to withdraw £50 notes completely.
The Bank of England says that they are increasingly getting less used. No odds to me I can't remember when I last even saw one.

[dzug2]

.. it won't be yet, the counter staff shouldn't be scaring people this way ..

More likely the customer didn't understand what she was told.

[Psybbo]

No dzug, the member of staff wasn't sure she should accept them and had to check with another staff member who gave the advice. And these were £20 pound notes.

[tamborine]

Best way to change old fiftys at PO is to buy one 2nd class stamp per note as PO wont give a straight exchange.