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Can I still exchange old currency notes?

Can I still exchange old currency notes?

The Indians who still have the old Rs 500 and Rs 1000 notes can get them deposited in their bank account or the post office saving accounts or exchange them for new currency at the offices of the Central Bank. The old currency notes of Rs 500 and Rs 1000 can now only be exchanged at the offices of the Central banks.

How do you exchange old currency?

All these notes can be exchanged at the counters of any public sector bank branch, any currency chest branch of a private sector bank or any Issue Office of the Reserve Bank of India. There is no need to fill any form for doing this.

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Can I exchange notes at any bank?

Torn currency notes can be changed in any bank Normal mutilated notes can be exchanged at any of the bank branch counters or any RBI office. For this process, one need not fill any form.

Who will take old foreign currency?

For the first time, you can now donate your unwanted foreign coins and banknotes to The Royal British Legion at your local Sainsbury’s Travel Money Bureau. Simply take your currency along to the Bureau and pop it in the donation box – It’s that simple.

Can you change old bank notes at the post office?

If you have a UK bank account, the simplest and quickest way to exchange your notes will normally be to deposit them with your bank. The Post Office Opens in a new window may also accept withdrawn notes as payment for goods and services, or as a deposit into any bank account you can access with them.

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Can you still cash in old 10 notes?

They were both replaced with plastic “polymer” versions. These paper notes are no longer legal tender, meaning they can’t be used to pay in shops, but the good news is you can still deposit them or exchange them for cash.

How can I exchange currency for old currency?

Generally, the older the currency, the more valuable it could be. Call around to find a local bank that can exchange currency. Some banks will only exchange worn, ripped or currency in poor condition for its own customers. Other banks are willing to do it for anyone.

Where can I exchange old banknotes in England?

Exchanging old banknotes. Your own bank or the Post Office may exchange withdrawn Bank of England banknotes. Alternatively, exchange them with us by post or at our counter in Threadneedle Street. If you have a UK bank account, the simplest and quickest way to exchange your notes will normally be to deposit them with your bank.

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What to do if you lose your currency notes?

Deposit in Bank account : You can also deposit the unusable notes in your account. As per the RBI guidelines, these notes cannot be re-issued to the public. Exchange in 30 days in case of non-chest banks : If you have up to 5 damaged currency notes which your non-chest bank is unable to exchange, you can still deposit it for a receipt.

How can I change the currency in my country?

Using Other Approaches to Changing Currency Find a third-party dealer or currency exchange service. Shop for the best rate and lowest fees at a third-party service. Replace old European currency using a third-party service. Deal with expired currency.