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#1
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In alt.usage.english, wrote:
but to get back to the fivers I rang the BOE this afternoon and as mentioned here the other day BOE have enough new notes to replace every old note that is out there but they say banks are just not asking for them and there is no way for us or BOE to make them. What the guy at BOE did say more new notes would get into circulation if only people would take any well worn notes into the banks instead of just spending them in shops etc . It's no good blaming the customers. The banks need to put the fivers in their cash machines. -- Mike Barnes Cheshire, England |
#2
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On 18 Apr 2007, Mike Barnes wrote
In alt.usage.english, wrote: but to get back to the fivers I rang the BOE this afternoon and as mentioned here the other day BOE have enough new notes to replace every old note that is out there but they say banks are just not asking for them and there is no way for us or BOE to make them. What the guy at BOE did say more new notes would get into circulation if only people would take any well worn notes into the banks instead of just spending them in shops etc . It's no good blaming the customers. The banks need to put the fivers in their cash machines. The banks will do this only if they're forced/coerced to do so by a regulator. Indeed, this happened with tenners a few years back when the banks pushed their luck by loading just twenties into the machines. The advantages of "just twenty pound notes" were obvious: 1. More cash is held in each machine; therfore less maintenance in recharging. 2. Adjacent shops -- newsagents, corner stores -- would be asked to cash lots of £20 notes. 3. Said shops needed a larger cash float. 4. Businesses pay for cash from the bank; it's not a free service. Therefore -- for the bank -- it's money from both ends. (Less maintenance, and more income from cash floats from nearby shops.) The banks will not, by choice, load fivers into their ATMs; they had to be coerced into keeping tenners in there. -- Cheers, Harvey Canadian and British English, indiscriminately mixed |
#3
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On Wed, Apr 18, 2007 at 11:09:39PM +0100, Mike Barnes wrote:
It's no good blaming the customers. The banks need to put the fivers in their cash machines. No they don't. The days when a fiver was a significant amount are long gone. No-one cares that they're taking 50 quid from the machine instead of 55, or 100 instead of 95. Well, no-one that the banks care about anyway. -- David Cantrell | Cake Smuggler Extraordinaire There is no one true indentation style, But if there were K&R would be Its Prophets. Peace be upon Their Holy Beards. |
#4
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On Thu, 19 Apr 2007, David Cantrell wrote:
On Wed, Apr 18, 2007 at 11:09:39PM +0100, Mike Barnes wrote: It's no good blaming the customers. The banks need to put the fivers in their cash machines. No they don't. The days when a fiver was a significant amount are long gone. No-one cares that they're taking 50 quid from the machine instead of 55, or 100 instead of 95. No, but there are times when i'd like to get 10 or 20 pounds out in fivers rather than tenners. tom -- If it ain't Alberta, it ain't beef. |
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