Old £5 Note ceases to be legal tender

On Friday 5th May 2017 the old paper £5 Bank of England note ceased to be legal tender. You can learn more about this change and the new polymer £5 note at the special Bank of England website at http://www.thenewfiver.co.uk/

Some banks and building societies will still accept paper £5 notes for their own customers for a short time after the 5th May, but this is at their own discretion.
The Post Office may let you pay your old paper £5 note into your bank account.

The Bank of England promises to pay the bearer the face value of any Bank of England note when presented at the Bank in Threadneedle Street, London. So you can always exchange old notes in person or by post. For details see http://www.bankofengland.co.uk/banknotes/Pages/about/exchanges.aspx

If you have old notes and are planning a visit to London you could combine taking the notes to the Bank with a visit to the Bank of England Museum (entry is free) where you can hold a real gold bar. But note that at the Bank itself only the holder of the old notes will be allowed in to see the cashier and your family and friends will have to wait outside. http://www.bankofengland.co.uk/education/Pages/museum/visiting/default.aspx .