Got your hands on the new fiver or £1 coin, but not sure what to do with your old money? Hereís what you need to know.
Old £5 notes
On 5 May 2017, the old £5 notes will no longer be legal tender, so you won't be able to spend them in shops, restaurants and other businesses.
You can still pay old £5 notes into your credit union account, but we are unable to accept or exchange them for new tender after the 5 May. You should still be able to exchange them after this date at the Post Office or other high-street banks.
Did you know: The new polymer notes might not be so indestructible
Old £1 Coin
The new 12-sided £1 coin came into circulation on 28 March 2017, and some are already selling for a small fortune online.
You can continue to deposit your old round £1 coins into your credit union account, but they will cease to be legal tender on 15 October, 2017, so itís best to spend or save them with us before then.
Did you know Ė the new £1 has a hidden security feature to make it difficult to counterfeit.
We can also expect a new £10 note in September, featuring Jane Austen and a new £20 note by 2020, which will feature the face of artist J.M.W. Turner.
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