spare cash


The trigger was reading that the old £10 note has gone out of circulation. Then I realised that the old £5 notes expired in 2017. I looked in my drawer and I have both, eeek. Not a huge amount, added up to under £100. I also have a variety of different currencies, left over from travelling: eur, chf, dkk, jpy, krw, thb, sgd, aud, nzd, cad. Not sure when I’ll get a chance to return to those countries so I decided instead of keeping the spare cash at home, I should drop them off at the bank. I’ll keep £20 notes since they won’t go out of circulation till 2019. And usd because I go to the US most often.

Some currencies I can deposit directly into my multi-currency account and there won’t be a fee if I want to take it out next time. The smaller, rarer currencies the bank had to convert to local$ before depositing. They don’t have a real demand for accounts in dkk, for example. It took the poor cashier some time to handle the transactions, even though I’d already bundled different currencies, written down how many notes and the total. She still needed to officially count them and give me a deposit slip for each currency. All in all, I freed up a fair bit of space in my drawer and my bank balance went up by a tiny amount.