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Can I exchange or pay in my old £5 notes at a branch?

Customers can exchange or pay in their old £5 notes to their branch.

  • All Bank of England notes retain their face value for all time
  • Our customers are able to exchange old notes, regardless of series and denomination, and replace them with new ones at any time
  • Royal Bank of Scotland paper £5 notes, as with the other Scottish £5 banknotes, will not go through a formal withdrawal process, with no end date for acceptance.