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 from 13th February 2019 until 30th June 2022.

Non-AIB customers can only exchange First Trust Bank banknotes to Bank of England banknotes in the following AIB branches from 13th February 2019 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, may be required. Limits may 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, may be required. Limits may apply.

After 30th June 2022

After 30th June 2022 any AIB branch in Northern Ireland will exchange First Trust Bank banknotes for Bank of England banknotes, or other sterling banknotes of equivalent value, free of charge. There is no time limit on this. Supporting documentation, including proof of identity and address, may be required. Limits may apply.

 

We have also made arrangements with the UK Post Office® where First Trust Bank banknotes can be exchanged for sterling banknotes free of charge in all of their 11,500 outlets across the UK after 30th June 2022 for two years, until 30th June 2024. Supporting documentation, including proof of identity and address, may be required. Limits may apply.

After 30th June 2024

Any AIB branch in Northern Ireland will exchange First Trust Bank banknotes for Bank of England banknotes, or other sterling banknotes of equivalent value, free of charge. There is no time limit on this. Supporting documentation, including proof of identity and address, may be required. Limits may 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, may be required. Limits may apply.

After 30th June 2022

After 30th June 2022 any AIB branch in Northern Ireland will exchange First Trust Bank banknotes for Bank of England banknotes, or other sterling banknotes of equivalent value, free of charge. There is no time limit on this. Supporting documentation including proof of your identity and address may be required. Limits may apply.

 

We have also made arrangements with the UK Post Office® where First Trust Bank banknotes can be exchanged for sterling banknotes free of charge in all of their 11,500 outlets across the UK after 30th June 2022 for two years, until 30th June 2024. Supporting documentation, including proof of identity and address, may be required. Limits may apply.

After 30th June 2024

Any AIB branch in Northern Ireland will exchange First Trust Bank banknotes for Bank of England banknotes, or other sterling banknotes of equivalent value, free of charge. There is no time limit on this. Supporting documentation, including proof of identity and address, may be required. Limits may 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 0044 345 646 0203. Lines are open from 9am to 5pm Monday - Friday (except on bank holidays).

 

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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