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£20 pound note discontinued on 30th June

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Old Jun 30, 2010 | 07:15 AM
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Default £20 pound note discontinued on 30th June

Whats the maximum i can deposit in a lloyds tsb account with out getting flagged ???

Is it 5k
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Old Jun 30, 2010 | 07:18 AM
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I thought it was just the old style twenty being phased out
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Old Jun 30, 2010 | 07:22 AM
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It is

But ive a few quid i never bothered to bank as the intrest rates SO shit
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Old Jun 30, 2010 | 07:50 AM
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Can you not just ask the bank to change them instead of paying in
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Old Jun 30, 2010 | 07:58 AM
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Originally Posted by Ratty
Can you not just ask the bank to change them instead of paying in
I think he have more than one note!

avid-fan - I think it's less than £10k, but I could be wrong. Consult with Google.
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Old Jun 30, 2010 | 08:18 AM
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my mate is paniking like fuck hes got 25k's worth of old 20's that the tax man dont know about
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Old Jun 30, 2010 | 08:20 AM
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it's either £6k or £7k in cash, regardless of the demonination of coins/notes (but oyu'd need to be superman to get £7k worth of shrapnel to the bank )

the do sometimes tell the feds that yuo've made a large deposit so they cna ask you where it came from so if you get a knock on the door you've got to explain where it's come from
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Old Jun 30, 2010 | 08:22 AM
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Originally Posted by billybigspuds
my mate is paniking like fuck hes got 25k's worth of old 20's that the tax man dont know about
then he needs to "launder" it and spread it across many different accounts and in small quantities like a few k each, and you can't even put them in your own name

alternativly you can say you won it playing poker with your mates, like wot them tits did in lock stock and pray for the best
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Old Jun 30, 2010 | 08:25 AM
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An interesting problem, cant believe you have left it this late to do something with it!
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Old Jun 30, 2010 | 08:28 AM
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... Go to countless amusement places/arcades and change them all in to £1 coins
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Old Jun 30, 2010 | 08:28 AM
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Originally Posted by dojj
then he needs to "launder" it and spread it across many different accounts and in small quantities like a few k each, and you can't even put them in your own name

alternativly you can say you won it playing poker with your mates, like wot them tits did in lock stock and pray for the best
Its only 9k

I see your back AGAIN
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Old Jun 30, 2010 | 08:32 AM
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going to be a busy day for you, you've got less than 8 hours till the banks shut
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Old Jun 30, 2010 | 08:36 AM
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From: Little India
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Originally Posted by avid-fan
Its only 9k

I see your back AGAIN


you've got no worries as it's only £9k, but billy's mate is a bit stuffed as he's got 3 times that to squander

don't worry about rushing though, the banks will still take the money as will most shops, they just won't put them back into circulation according to the signs that have been put up in the post office etc

just don't stick in 39k today and then another £9k tomorrow
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Old Jun 30, 2010 | 08:38 AM
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The Bank of England will change them and dont have a cut off, send all at once or dribs and drabs, or go to post offices
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Old Jun 30, 2010 | 08:39 AM
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Originally Posted by Chip
going to be a busy day for you, you've got less than 8 hours till the banks shut
No probs there not null and void for the banks..

Only how much you put in your account chip as you well know
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Old Jun 30, 2010 | 08:40 AM
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just go into town, spread across the different banks, and the bank will just swap the old £20's for new ones! no need to pay it in
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Old Jun 30, 2010 | 08:40 AM
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Originally Posted by avid-fan
No probs there not null and void for the banks..

Only how much you put in your account chip as you well know
Dont know anything about it mate, having too much money lieing about is not a problem ive ever had!
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Old Jun 30, 2010 | 08:41 AM
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mate give em to me and ill sort em out for ya,,, all you need to do is find a place that has alot of cash on site and use them
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Old Jun 30, 2010 | 08:49 AM
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Originally Posted by Chip
Dont know anything about it mate, having too much money lieing about is not a problem ive ever had!
Sorry i ment doing Algorithmics for a living
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Old Jun 30, 2010 | 08:49 AM
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but that's only if he's stuffed them under the mattress beuse he was saving up to build an extension or buying a car or soemthing

if he wants to "legitimise" the money it's going to have to be turned from paper to digits on his bank account
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Old Jun 30, 2010 | 08:53 AM
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Originally Posted by avid-fan
Sorry i ment doing Algorithmics for a living
That sounds like an aerobic work out

I just write finance software mate, I have nothing to do with when notes expire or not.
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Old Jun 30, 2010 | 08:56 AM
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buy a cossie and pretty soon all your money will be gone

if the tax man asks just point him at your driveway ornament sitting there in pieces
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Old Jun 30, 2010 | 09:05 AM
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Originally Posted by Chip
That sounds like an aerobic work out

I just write finance software mate, I have nothing to do with when notes expire or not.
Fair dues i know maths is your bag
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Old Jun 30, 2010 | 09:14 AM
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Originally Posted by **caz**
just go into town, spread across the different banks, and the bank will just swap the old £20's for new ones! no need to pay it in


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Old Jun 30, 2010 | 09:17 AM
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Originally Posted by R4N S S
buy a cossie and pretty soon all your money will be gone
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Old Jun 30, 2010 | 09:43 AM
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Originally Posted by avid-fan


I'd drive it
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Old Jun 30, 2010 | 10:44 AM
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Buy a car some one elses problem then
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Old Jun 30, 2010 | 11:34 AM
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You'd need to find someone who was selling a car who was also thick enough to take a sackful of old £20 notes on deadline day.....
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Old Jun 30, 2010 | 11:41 AM
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Originally Posted by avid-fan


I need that motor to go with my batman hoody, batman pjs and batman fookin T- shirt the misses got me

Last edited by D.K.; Jun 30, 2010 at 12:30 PM.
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Old Jun 30, 2010 | 11:51 AM
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I think you'll find that even though they are being taken out of circulation, banks and post offices will continue to take them for the next few months at least.
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Old Jun 30, 2010 | 11:52 AM
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http://www.bankofengland.co.uk/publi...s/2010/024.htm

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Old Jun 30, 2010 | 12:48 PM
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If you want to keep it in cash without anyone knowing, could you not just exchange it into another currency and then back? I've not even heard about this. Lol, is it an English thing only?
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Old Jun 30, 2010 | 01:00 PM
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Just Googled and noticed they've put Adam Smith on the new notes. Bit of a cheek considering his way of thinking has been pretty much ignored.
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