Remember – use your old £1 pound coins soon!

 

The old round £1 coins will stop being spendable this year.

 

A new £1 coin came out in March 2017.

 

After 27th October, most shops and banks will stop taking the old round £1 coin.

 

The new plastic £5 notes with the clear strip are already in use.  Most shops stopped taking the old paper £5 notes in May 2017 but you might still be able to take them to post offices and banks and get them changed for the new ones.

 

The easiest thing would be to spend any old £1 coins and take paper £5 notes to your bank, as soon as possible.

 

If you have any questions about this or if you are struggling to manage your money or budget, call FAIR on 0131 662 1962.