What bank notes are legal tender in Northern Ireland?

The four banks authorised to issue banknotes in Northern Ireland are Ulster Bank, Bank of Ireland, Danske Bank and First Trust Bank. Ulster Bank has issued new polymer £5 and £10 notes. A new £20 polymer banknote will enter circulation in 2020.

Keeping this in consideration, can you still use paper 20 notes in Northern Ireland?

Polymer banknotes in Northern Ireland

Danske Bank has issued polymer £10 and £20 banknotes. Banks will continue to exchange the old paper based notes. First Trust (AIB) banknotes will cease to be legal currency on 30 June 2022.

Additionally, what notes are legal tender in Northern Ireland? Scottish and Northern Ireland banknotes are not legal tender, not even in Scotland and Northern Ireland. In fact, no banknote (including Bank of England notes) qualifies for the term 'legal tender' in Scotland or Northern Ireland.

Accordingly, are Northern Bank notes valid in 2020?

All current Northern Bank branded banknotes will retain their face value as promissory notes. Our bank notes can be accepted across the UK as they are valid sterling notes.

Can you use Bank of England notes in Northern Ireland?

You will have no trouble in spending any note which states "Pound Sterling" whilst in Northern Ireland. This includes bank notes from Scotland, Isle of Man and Channel Islands as well as Bank of England notes and I daresay a South Sandwich Island note would not be refused.

Related Question Answers

Are Ulster bank notes legal tender?

All Royal Bank of Scotland and Ulster banknotes (as with all Scottish and Northern Irish banknotes) remain legal currency, will not be withdrawn from circulation in the same way as the Bank of England notes, and have no end date for acceptance.

Are old bank notes still legal tender?

The Bank of England have to give up to six month's notice to when an old bank will cease as tender. This enables an adequate amount of time for the public to spend their old note before it expires.

Is Ulster Bank notes legal tender in UK?

Northern Ireland banknotes are legal currency across the UK, and Ulster Bank has continued to work with vendors and retailers to ensure acceptance of the new notes. The date for withdrawal of the paper £20 notes is yet to be announced and customers can continue to use them until this time.

Can shops refuse old 20 notes?

Both the old paper £20 and £50 banknotes will expire on Wednesday, September 30, 2022. "After 30 September 2022, these paper notes will no longer be legal tender, so we encourage people to spend them or deposit them at their bank ahead of this date." If you miss this deadline, you do have some options

How long is an old 20 note legal tender?

Paper £20 notes go out of circulation on September 30 2022. Until then, you can still use the old £20 notes as they are accepted as legal tender. If you're looking to exchange any old notes, The Bank of England website has further information.

Are old Bank of Ireland notes legal tender?

From Monday, retailers can refuse to accept the older paper notes at their own discretion. However, banks will continue to accept all NI notes from their own customers as deposits or exchange for new notes.

Are Northern Bank 50 notes still valid?

We have no current plans to reissue a £5/£50 or £100 banknotes. If I have any £5, £50 or £100 Northern Bank notes are they now obsolete? All current Northern Bank branded banknotes will retain their face value as promissory notes.

Are Bank of Ireland paper 5 notes still legal tender?

Bank of Ireland issued new polymer £5 and £10 notes in 2019 and a £20 in 2020 these have now replaced the older paper notes.

What bank notes are not legal tender?

The paper £10 and £5 banknotes are no longer legal tender - while paper £20 and £50 notes cannot be used after September 2022. On top of that, there are about £109m in the older round pound coins that have not been banked, according to the Royal Mint.

Does Northern Ireland accept Scottish notes?

Yes you'll be fine with Scottish notes here.

Are Northern Bank notes valid 2021?

In February 2019, First Trust Bank will cease issuing its own banknotes in circulation and will replace them with Bank of England banknotes as they are withdrawn from circulation. All First Trust Bank notes can continue to be used until 30 June 2022, after which time they will cease to be legal currency.

Does Northern Ireland have its own banknotes?

Only the Bank of England issues banknotes in England and Wales, but seven banks in Scotland and Northern Ireland can also issue banknotes. Coins are manufactured and issued by the Royal Mint.

Are 10 pound notes still legal tender?

Bank of England paper £5 and £10 notes, which were issued in England and Wales (although they could still be spent elsewhere in the UK), are no longer legal tender having been replaced by polymer plastic versions in 2017 and 2018 respectively.

Is Danske Bank 20 pound note legal tender?

Danske Bank has announced that it will begin to introduce a polymer £20 note into local circulation on 20 July 2020. Consumers can still use the existing paper £20 note, but these will be gradually phased out of circulation.

Is Northern Irish money legal tender?

Bank of England notes are the only banknotes that are legal tender in England and Wales. Scottish, Northern Ireland, Jersey, Guernsey and Manx banknotes are not legal tender in England and Wales. However, they are not illegal under English law and creditors and traders may accept them if they so choose.

What money is used in Northern Ireland?

Pound sterling

What money is used in Belfast?

pound Sterling

What notes are legal tender in UK?

Bank of England notes are the only banknotes that are legal tender in England and Wales. Scottish and Northern Irish banknotes are not legal tender anywhere, and Jersey, Guernsey and Manx banknotes are only legal tender in their respective jurisdictions.

Can you use English money in Belfast?

Currency in Northern Ireland

As part of the United Kingdom, Northern Ireland's currency is the pound sterling (£). All of these notes are accepted in general commerce throughout Northern Ireland.

Is Northern Ireland sterling accepted in England?

There are two banks in Northern Ireland which issue bank notes and, although this cash is in sterling, it is not actually legal tender in England. Many retailers will still accept them but they are under no obligation to do so, according to the Bank of England.

What's the capital of Northern Ireland?

Belfast

Where can I change Northern Irish notes to English?

Go into any UK bank outside of N Ireland and they'll exchange yr NI notes for Uk standard currency. Most places accept northern Irish notes in the UK, or just ask people here for change in English notes if they have them. UK banks on the whole will only exchange NI notes for their customers.