Published 2 August 2018. No; all Bank of England notes whether legal tender or not retain their face value for all time. Following the release of the new polymer £20 note on 20 February, the £50 note is the next in line for a makeover.. Re-designed £50 notes are … The Post Office is a great place to change money. I believe I can pay them into a bank account but I don’t want to. Locally to me is a Tesco with a bureau de change, a co op with a small post office but otherwise it's just tiny local shops. But at the moment, so long as you’ve got two original forms of ID, you shouldn’t have a problem changing your old notes. The Bank says people can also try to exchange paper tenners at their local bank or post office. ... NatWest, RBS, Ulster Bank and the Post Office have all agreed to exchange the notes, up to … Contact the Bank of England for details. Fake £50 notes found stashed in Inverness hotel. there said there was not able to give change due to post office rules. The Post Office may also accept withdrawn notes a deposit into any bank account you can access via The Post Office. I need some dental work done & I have the money in 50 pound notes only to be told they don't accept them. Published 12 July 2018. A spokesperson for RBS said: "After the note goes out of circulation, customers will still be able to bring in their old £5 notes for exchange at one of our branches. I have several thousand pounds in old £20 notes but I understand banks and post offices won’t exchange them. anyone out there had the same probs! When receiving change in Northern Ireland, you can politely ask for Bank of England notes … why is this i was on the understanding you could walk in and change notes for coins. Barclays, NatWest, Royal Bank of Scotland, Ulster Bank and the Post Office have agreed to exchange the older-style £50 notes for anyone who needs it, up to the value of £200, until October 30. So we prefer the Post Office. You can also change your old ten pound notes and old five pound notes with The Bank of England. Banks may also do it, but sometimes require you to be a customer of the bank. Harry Kane '£50,000' fiver spent in Merthyr Tydfil off licence. If your local bank, building society or Post Office is not willing to accept these notes then they can be exchanged at the Bank of England in London. Your nearest Post Office might also be able to help you. Banks and Post Offices may stop providing this service eventually. Is there any way these can be changed? I like to have some cash to hand and always have done. The £50 note featuring Sir John Houblon will stop being legal tender on 30 April. i whent to my local post office today and asked to change £50 in notes for £50 in £1 coins. But the simplest and quickest way to exchange old notes … Will stop being legal tender on 30 April featuring Sir John Houblon will stop being legal tender on 30.! 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