E-Service News

 

If you still have any old £10 notes, make sure you spend them before 1st March next year.

Following the successful launch of the new Jane Austen £10 note on 14 September 2017, the Bank of England will withdraw legal tender status of the paper £10 note featuring Charles Darwin at 23:59 hrs (GMT) on Thursday 1 March. The public can continue to use the notes as normal as...

8 Weeks Left To Spend Your Old £1 Coins

 

The Royal Mint says: "From midnight on Sunday October 15, shops will no longer accept these coins, but you will still be able to take them to your bank. We would encourage you to spend, bank or donate your round £1 coins before October 15."

It is advising businesses that "you are...

A PUSH to phase out the old round pound coin is being hampered by firms mistakenly returning its 12-sided replacement.
 
About half of the coins being delivered to cash centres have turned out to be the new currency, slowing efforts to remove the old pound from circulation.
 ...

Are you ready for the new £10 upgrade?

As with any change in banknote design, all businesses that handle cash need to plan and prepare for the introduction of the new notes. Over 30 countries currently use polymer banknotes including Australia, Canada and Mexico.

Ensure you know which cash handling machines are being operated by your business....

How big an issue is security in your machine operation? Mike Clokie, Managing Director at E-Service summarises some of the key products which can assist operators to combat machine fraud.

"There are different ways businesses can experience machine security and fraud, whether it...