Cryptocurrency Q&A
Do banks still accept old 1 coins?
Do banks still accept old 1 coins?
Alessandra
Sun Nov 17 2024
|
6 answers
1299
I have some old 1 coins and I'm wondering if banks still accept them as valid currency. I know that some countries have phased out certain coins, so I'm not sure if these coins are still usable.
6 answers
henry_harrison_philosopher
Tue Nov 19 2024
As these coins are no longer legal tender, banks are not legally obligated to accept them.
Was this helpful?
246
68
KimonoElegance
Tue Nov 19 2024
High street banks offer a service for depositing old £1 coins into customers' bank accounts.
Was this helpful?
104
24
Raffaele
Tue Nov 19 2024
This facility is provided at the discretion of the individual bank.
Was this helpful?
238
43
Dario
Mon Nov 18 2024
Customers can also choose to trade in their old £1 coins at their bank.
Was this helpful?
269
56
KimonoElegant
Mon Nov 18 2024
However, it is important to note that this is entirely dependent on the bank's policies.
Was this helpful?
79
78
Load 5 more related questions
