What should I do with my First Trust Bank banknotes?

 

I live in the Republic of Ireland

Until midnight on 30th June 2022

First Trust Bank banknotes will still be accepted by UK retailers, high street banks and the Post Office® in the UK as normal until midnight on the 30th June 2022.

 

* Customers of AIB in the Republic of Ireland holding First Trust Bank banknotes can exchange them for Bank of England banknotes at any AIB branch in the Republic of Ireland until 30th June 2022.

Non-AIB customers can only exchange First Trust Bank banknotes to Bank of England banknotes in the following AIB branches until 30th June 2022:

Athlone, Cork (66 South Mall), Dublin (Grafton Street), Dundalk, Drogheda, Monaghan, Manorhamilton, Letterkenny.

There will be no charge for exchanging notes. Supporting documentation, including proof of identity and address, will be required. Limits will apply.

 

Noteholders will still be able to convert First Trust Bank banknotes for Euros at a Bureau de Change outlet or other currency providers until midnight on 30th June 2022. You may be charged by the currency provider for this service.

 

If you are visiting Northern Ireland, AIB branches will exchange First Trust Bank banknotes for Bank of England banknotes, or other sterling banknotes of equivalent value, free of charge for noteholders. Supporting documentation, including proof of identity and address, will be required. Limits will apply.

From 1 July 2022

We strongly encourage all First Trust Bank noteholders to lodge/exchange their notes as soon as possible.

 

AIB (NI)

We will continue to accept First Trust Bank banknotes from our customers for deposit to their accounts. We will also exchange First Trust Bank banknotes for Bank of England banknotes, or other sterling banknotes of equivalent value, when presented in person at AIB branches in Northern Ireland at no cost. There is no time limit on this. Supporting documentation, including proof of identity and address will be required and limits will apply.

 

Post Office

Post Office outlets in Northern Ireland will continue to accept First Trust Bank banknotes to support any cash deposit transaction. There are currently no plans to change this.

 

Northern Ireland

The Northern Ireland note issuing banks (Danske Bank, Ulster Bank and Bank of Ireland) will continue to accept First Trust Bank banknotes from their customers, for deposit into their respective accounts. There are currently no plans to change this.

 

Scotland, England and Wales

The Scottish note issuing banks (Royal Bank of Scotland, Virgin Money (formerly Clydesdale Bank) and Bank of Scotland) will continue to accept First Trust Bank banknotes from their customers, for deposit into their respective accounts. There are currently no plans to change this.

 

Post Office Cash Exchange Service 

A free cash exchange service will be available in Northern Ireland in the Post Office at Bridge Street, Belfast for a limited period. Limits and ID requirements will apply.

I live elsewhere in the World

Until midnight on 30th June 2022

First Trust Bank banknotes will still be accepted by UK retailers, high street banks and the Post Office® in the UK as normal until midnight on the 30th June 2022.

 

Noteholders will still be able to convert First Trust Bank banknotes for their own currency at a Bureau to Change outlet or other currency providers until midnight on 30th June 2022. You may be charged by the currency provider for this service.

 

If you are visiting Northern Ireland, AIB branches will exchange First Trust Bank banknotes for Bank of England banknotes, or other sterling banknotes of equivalent value, free of charge for noteholders. Supporting documentation, including proof of identity and address, will be required. Limits will apply.

From 1 July 2022

We strongly encourage all First Trust Bank noteholders to lodge/exchange their notes as soon as possible.

 

AIB (NI)

We will continue to accept First Trust Bank banknotes from our customers for deposit to their accounts. We will also exchange First Trust Bank banknotes for Bank of England banknotes, or other sterling banknotes of equivalent value, when presented in person at AIB branches in Northern Ireland at no cost. There is no time limit on this. Supporting documentation, including proof of identity and address will be required and limits will apply.

 

Post Office

Post Office outlets in Northern Ireland will continue to accept First Trust Bank banknotes to support any cash deposit transaction. There are currently no plans to change this.

 

Northern Ireland

The Northern Ireland note issuing banks (Danske Bank, Ulster Bank and Bank of Ireland) will continue to accept First Trust Bank banknotes from their customers, for deposit into their respective accounts. There are currently no plans to change this.

 

Scotland, England and Wales

The Scottish note issuing banks (Royal Bank of Scotland, Virgin Money (formerly Clydesdale Bank) and Bank of Scotland) will continue to accept First Trust Bank banknotes from their customers, for deposit into their respective accounts. There are currently no plans to change this.

 

Post Office Cash Exchange Service 

A free cash exchange service will be available in Northern Ireland in the Post Office at Bridge Street, Belfast for a limited period. Limits and ID requirements will apply.

Post Office and the Post Office logo are registered trademarks of Post Office Limited. © Post Office Limited 2009. Reproduced by kind permission of Post Office Limited. All rights reserved.

Need further help?

If you cannot find the information you need in our frequently asked questions or on this webpage, submit a question online and we will come back to you.

 

You can also call into your nearest AIB branch or call us on 0345 6005 925, open 09:00 - 17:00, Monday to Friday.

 

Related information

 

First Trust Bank is a trade mark of AIB Group (UK) p.l.c. (a wholly owned subsidiary of Allied Irish Banks, p.l.c.), incorporated in Northern Ireland. Registered Office 92 Ann Street, Belfast BT1 3HH. Registered Number NI018800. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

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