Cryptocurrency Q&A Does HSBC take old 1 coins?

Does HSBC take old 1 coins?

SolitudePulse SolitudePulse Wed Aug 14 2024 | 5 answers 1032
Excuse me, I was wondering if I could clarify something regarding HSBC's policy on accepting old coins. Specifically, I'm holding on to some old 1-coin denominations, and I'm wondering if HSBC still accepts these as valid tender for deposits or transactions. Is there a specific policy or guideline in place regarding the acceptance of old coins, and if so, are there any restrictions or exceptions I should be aware of? I'd appreciate any information you could provide on this matter. Does HSBC take old 1 coins?

5 answers

BonsaiGrace BonsaiGrace Fri Aug 16 2024
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ZenBalanced ZenBalanced Fri Aug 16 2024
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BitcoinBaron BitcoinBaron Thu Aug 15 2024
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SejongWisdomKeeper SejongWisdomKeeper Thu Aug 15 2024
For those who come across old £1 coins, it's important to note that these coins are no longer in circulation and cannot be spent. However, they can still be deposited into a bank account at various institutions, including Bank of Scotland, Barclays, Clydesdale, Halifax, HSBC, Lloyds, Nationwide, NatWest, The Post Office, RBS, Santander, Ulster, and Yorkshire Bank.

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Bianca Bianca Thu Aug 15 2024
The process of depositing old £1 coins into a bank account is straightforward and can be done by visiting any of the aforementioned banks. Users will need to present their coins and a valid form of identification, and the bank will then credit the equivalent amount to their account.

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