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Paying cash into bank

26 replies

BankingQuery · 31/05/2024 11:14

I've sold some expensive items for cash and I now have a few thousand in £50 notes. Can I pay this into the bank? It's less than £5000 but my income is low so I think it will look dodgy and trigger something. I have the emails from the retailer from when I bought the items new but I don't have any paperwork from the buyers I have just sold the items to. I have never done this before. I could have sold the items a few years ago and got a lot more money for them but I was worried about this situation arising so I procrastinated. Now here I am in the same situation.

OP posts:
swallowedAfly · 01/06/2024 21:35

People mostly don't want to spend them either. They're renowned for disappearing into the ether soon after being released. I remember reading about the disparity between how many were supposed to be in circulation versus how many were ever seen or moving in the economy.

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