Sitting on a notable fortune

FAMILIES are sitting on a forgotten fortune of old £5 and £10 notes.

Paper notes in these denominations were withdrawn in 2017 and 2018 respectively. Yet, according to the Bank of England, there are still £600 million worth of paper £5 notes and more than £1 billion worth of £10 notes unaccounted for.

You can exchange old notes in person at the Bank of England at Threadneedle Street, London EC2R 8AH. You need to present two types of ID. Alternatively you can post old notes to the bank’s Department NEX. You must complete a postal exchange form ( bankofengland.co.uk/banknotes/exchanging-old-banknotes). Some High Street banks also exchange old notes in branch. The Post Office will take deposits of the paper notes