15

I have five 100 US$ notes, 2008 series. Can I change them to UK currency in the UK?

They are in perfect condition.

  • 36
    Is there a specific reason you think you won't be able to change them? – drat Jan 4 '18 at 8:02
  • 5
    There is a general opinion (and backed in real-life experience) that exchange booths outside the US will not accept older notes (because of fraud/counterfeit notes risk). The OP's question is in my opinion, how old can they be to be safely/easily exchanged. – Edmund Dantes Jan 4 '18 at 8:43
  • 4
    @drat money exchanges in some countries require USD currency notes to be "not older than 20XX". Such exchanges either refuse to exchange the notes or give you a really bad exchange rate e.g. GCC countries. – Newton Jan 4 '18 at 12:48
  • 3
    Moo is talking about the UK only. I was clarifying to @drat that in some countries you cannot exchange older notes. For example in Oman you cannot exchange USD older than 2003. – Newton Jan 4 '18 at 14:01
  • 7
    There is no 2008 series USD$100 note, so you are either mistaken about what they are or they are fake. Do they say "Series 2008" on them? Or something else? – J... Jan 4 '18 at 15:41
38

Yes you can.

Unlike other countries, including the UK, US banknotes are never "withdrawn" and remain legal currency across the world however old they are (but you wouldn't want to spend the older ones as they are worth more than their face value as collectors items).

In the UK you can exchange them at most high street banks (NatWest, HSBC, Lloyds etc), any Post Office with a Foreign Currency desk, many travel agents (Thomas Cook etc), Marks and Spencer stores and high street bureau de change (currency exchange).

You may be charged an exchange fee, and you should shop around for the best rates.

  • Comments are not for extended discussion; this conversation has been moved to chat. – JoErNanO Jan 4 '18 at 22:40
  • Fwiw, all UK notes also remain legal currency, going back to 1694. They can simply be exchanged for notes in circulation at the Bank of England in Threadneedle Street during normal working hours, or by post. – Dannie Jan 5 '18 at 10:14
  • @user6697063 The Bank of England will exchange them for current notes (presuming, of course, that they can verify their authenticity), but this should carefully not to be confused with the concept of "legal tender". High street banks, shops, or any other persons are not required to accept historical or withdrawn notes as payment. Most surviving historical notes, however, would likely command much higher prices as rare antiques and, so, a degree of suspicion as regards their authenticity would be expected should you simply decide to exchange them for current banknotes. – J... Jan 5 '18 at 12:01
  • @J...dont confuse the concept of "legal tender" and "legal currency", they are two different things. A note can be one and not the other. :) – Moo Jan 5 '18 at 17:33
  • 1
    @user6697063 I don't think there's anything wrong with calling it "legal currency" - I don't think it's a proper term or anything, but the idea being that the BoE will still honour the notes is correct. Just wanted to make clear that the BoE honouring them doesn't mean that anyone else needs to. – J... Jan 8 '18 at 19:31

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Not the answer you're looking for? Browse other questions tagged or ask your own question.