What about machines that take coins?
Shoppers have only this weekend left before the old round pound rolls out of general circulation – with hundreds of millions of coins still to be handed in.
While some stores will let people continue spending their round pounds for a limited extra period, the coins will no longer be legal tender from midnight tomorrow.
Around 400 to 450 million old round £1 coins are still lying around in wallets, pockets and piggy banks up and down the country, after people have been returning old pound coins at a rate of up to 60 million per week.
Natwest said it has seen a rush of people offloading their old round pounds.
It said in the in the first week of October there was an 80 per cent increase in the number of £1 coins being deposited at its branches, with more than 5.5 million pound coins deposited through coin machines.
Carl Foster, head of coins at Natwest, said: “We’ve seen a large increase in the number of coins being brought into branch in the last couple of weeks as customers empty their piggy banks not just of round pound coins but of all their loose change.”
Major banks, building societies and post offices have said they will continue to accept deposits of the old round pound after the deadline on Sunday.
Some major stores have said they will give shoppers an extra window of opportunity to spend up their old pound coins including Tesco, Iceland and Poundland. The new 12-sided pound coin boasts new high-tech security features to thwart counterfeiters.
newsdeskts@scotsman.com
Q AThe British Parking Association says it is “confident the majority of parking machines will be ready to accept the new £1”.