£20 notes

@kent f OBE wrote:

@jen_jen wrote:

If you’re lucky enough to have £20 notes in your purse/wallet/under your mattress/in a biscuit tin, please check that you haven’t got any of the old style notes as they ceased to be legal tender on 1st July. Take them to your bank and they will change them for the new notes.

http://news.bbc.co.uk/1/hi/business/10453756.stm

I had a couple of grand of old twenty notes under my matress Jen……..can’t locate them YET….I’m sure they’ll turn up very soon :lol:

Blimey, how big is your matress? Still, safer there than in your purse :lol:

Still getting people wanting to pay with the old notes, blissfully unaware that they’re no longer accepted by shops. :roll:

Actually it does matter…it’s no longer legal tender, therefore legally I cannot take it as payment.

The banks are also far less accommodating of business customers than they are of their personal customers and it’s at their discretion whether or not they change them. A friend of mine took some notes on Thursday without realising, took them to the bank to pay in on Friday and was told she shouldn’t have accepted them and was given a form to send them to the Bank of England to be changed. An hour later her daughter went into the same branch as a personal customer with the same notes and had them changed no problem. Not sure what my bank would do, but I’m not going to risk it!

So far I haven’t lost trade, people are glad to have it pointed out and go straight to the bank to change them. One lady that I told on Thursday came back yesterday and thanked me – her mother has a habit of stashing money around the house cos she doesn’t trust the banks, not only did she find that her mum had over £5,000 tucked away here there and everywhere, but she also found over £2,000 of it was in the old £20s.

Depends…do you go for 90-somethings with no teeth and a touch of dementia? :lol: