£20 pound note discontinued on 30th June
30-06-2010, 07:15 AM
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£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
30-06-2010, 07:18 AM
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I thought it was just the old style twenty being phased out
30-06-2010, 07:22 AM
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30-06-2010, 07:50 AM
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Can you not just ask the bank to change them instead of paying in
30-06-2010, 07:58 AM
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Quote:
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.
30-06-2010, 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
30-06-2010, 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
30-06-2010, 08:22 AM
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Quote:
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
30-06-2010, 08:25 AM
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An interesting problem, cant believe you have left it this late to do something with it!
30-06-2010, 08:28 AM
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... Go to countless amusement places/arcades and change them all in to £1 coins
30-06-2010, 08:28 AM
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Quote:
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
30-06-2010, 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
30-06-2010, 08:36 AM
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Quote:
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
30-06-2010, 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
30-06-2010, 08:39 AM
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Quote:
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
30-06-2010, 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
30-06-2010, 08:40 AM
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Quote:
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!
30-06-2010, 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
30-06-2010, 08:49 AM
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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
30-06-2010, 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
30-06-2010, 08:53 AM
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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.
30-06-2010, 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
30-06-2010, 09:05 AM
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Quote:
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
30-06-2010, 09:14 AM
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Quote:
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
30-06-2010, 09:17 AM
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buy a cossie and pretty soon all your money will be gone
30-06-2010, 09:43 AM
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30-06-2010, 10:44 AM
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Buy a car some one elses problem then
30-06-2010, 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.....
30-06-2010, 11:41 AM
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Quote:
Originally Posted by
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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.; 30-06-2010 at 12:30 PM .
30-06-2010, 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.
30-06-2010, 11:52 AM
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30-06-2010, 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?
30-06-2010, 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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