Valkyrie Posted March 8, 2010 Share Posted March 8, 2010 http://www.telegraph.co.uk/finance/personalfinance/consumertips/banking/7397202/Elgar-20-note-no-longer-legal-tender.html There's still time - until June 30th. Quote Link to comment Share on other sites More sharing options...
..lay a little egg for me Posted March 8, 2010 Share Posted March 8, 2010 Must get my dear "moneybags" son to check his hoard in the safe Shame they are withdrawing it...the view of the cathedral on the back is the view from DS's school playing fields! Quote Link to comment Share on other sites More sharing options...
Valkyrie Posted March 8, 2010 Author Share Posted March 8, 2010 I prefer the old one too. Quote Link to comment Share on other sites More sharing options...
Charlottechicken Posted March 8, 2010 Share Posted March 8, 2010 Thankfully I don't have any 20's, and I don't keep stashes of cash in the house. The sceptics say it is to cut down on undeclared earnings (by making people dig out these notes and take them to the bank to exchange) as banks are now obliged to report any large transactions to the treasury. I just found out that a £50 note is red, never seen one in the flesh Quote Link to comment Share on other sites More sharing options...
Valkyrie Posted March 8, 2010 Author Share Posted March 8, 2010 Now the Canadian $50 is lovely - also red but it has Mounties on the back. Quote Link to comment Share on other sites More sharing options...
Lavenders_Blue Posted March 9, 2010 Share Posted March 9, 2010 I used to work in a bank and it was always really interesting when a bank note was withdrawn from circulation. There would be queues of older people bringing in £1000/2000/3000/4000/5000+ in cash to exchange for the new notes. We would always try and encourage them to put the cash into their account for security, but they would be very insistant that they needed the bank notes as they 'never knew when it might come in handy. No wonder there are so many distraction burglaries targetting older people. Quote Link to comment Share on other sites More sharing options...
..lay a little egg for me Posted March 9, 2010 Share Posted March 9, 2010 I used to work in a bank and it was always really interesting when a bank note was withdrawn from circulation.There would be queues of older people bringing in £1000/2000/3000/4000/5000+ in cash to exchange for the new notes. We would always try and encourage them to put the cash into their account for security, but they would be very insistant that they needed the bank notes as they 'never knew when it might come in handy. No wonder there are so many distraction burglaries targetting older people. Quote Link to comment Share on other sites More sharing options...
Valkyrie Posted March 9, 2010 Author Share Posted March 9, 2010 I also used to work in a bank, but never saw the amounts exchanged like Lavenders_Blue, but I have seen plenty of forged notes - and some of those were photocopies! Now how anybody could confuse those with the real things I have no idea. They were rubbish - even the colours weren't right. But I agree that old people do not trust banks, so likely that those avid hoarders would have a lot to exchange - hence the robberies. Quote Link to comment Share on other sites More sharing options...
whoopsie Posted March 10, 2010 Share Posted March 10, 2010 My grandparents were terrible, they would never trust the bank and once Dad convinced them Grandad would only ever go to one branch - he didn't understand he could move his account to the one nearer home! When he died my parents found thousands of pounds hidden away in the house. Quote Link to comment Share on other sites More sharing options...
Lavenders_Blue Posted March 10, 2010 Share Posted March 10, 2010 I also used to work in a bank, but never saw the amounts exchanged like Lavenders_Blue, but I have seen plenty of forged notes - and some of those were photocopies! Now how anybody could confuse those with the real things I have no idea. They were rubbish - even the colours weren't right. Yep saw plenty of forged notes too - some of them are shocking aren't they? Wrong paper, wrong colours, photocopied wonky, the poor Queen's watermark looking like some dodgy caricature, or missing! ...and yet so many people looked surprised when you would point out it was a fake! Quote Link to comment Share on other sites More sharing options...
Valkyrie Posted March 10, 2010 Author Share Posted March 10, 2010 Yes, I remember "Is it?" Then closely followed by "give it back I'm taking it back to where it came from" and of course we couldn't - so lots of ranting from the customer (which if it were a £20 - that would have been an awful lot of money lost in one fair swoop). I used to work in Ascot, so the olduns there would probably have offshore accounts! Then Feltham - where it wasn't safe to have anything of value in the houses at all! Quote Link to comment Share on other sites More sharing options...
Chicktastic Posted March 10, 2010 Share Posted March 10, 2010 Well I had 5 but i spent them today!! Quote Link to comment Share on other sites More sharing options...
