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Author What's the deal with Edward Elgar £20 notes?
Dom
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Registered: 13th Sep 03
User status: Offline
24th Jul 10 at 16:11   View User's Profile U2U Member Reply With Quote

Just been sorting through some old stuff in the loft and found a £20 note in one of my books, will banks exchange these? I've heard that shops and banks don't have to and the only place to change it is the Bank of England, that true?
MJFF88
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Registered: 30th Apr 08
User status: Offline
24th Jul 10 at 16:13   View User's Profile U2U Member Reply With Quote

We're telling customers to exchange them at the bank, but no shops will take them
mattk
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Registered: 27th Feb 06
Location: St. Helens
User status: Offline
24th Jul 10 at 16:14   View User's Profile U2U Member Reply With Quote

aye take it the bank
Dom
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Registered: 13th Sep 03
User status: Offline
24th Jul 10 at 16:28   View User's Profile U2U Member Reply With Quote

will any bank exchange it or just the BoE? I've read that shops and banks don't have to accept/exchange them
AndyKent
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Registered: 3rd Sep 05
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24th Jul 10 at 16:41   View User's Profile U2U Member Reply With Quote

I think because they're not technically legal tender any more shops don't HAVE to take them. A cashier at a supermarket probably won't even realise though.
Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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24th Jul 10 at 17:45   View User's Profile U2U Member Reply With Quote

Banks do have to change them iirc, however shops shouldn't be accepting them anymore.
Generation
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Registered: 7th Jul 09
Location: Essex
User status: Offline
24th Jul 10 at 18:14   View User's Profile U2U Member Reply With Quote

All banks take them, however ours requires you to pay them into your account, before we swap them(HSBC) post office will do it.

 
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