Exchange Houblon notes at RBS and NatWest branches

Exchange Houblon notes at RBS and NatWest branches

RBS, NatWest and Ulster Bank customers who still hold “Houblon Notes” - the £50 notes featuring a portrait of Sir John Houblon - after their withdrawal from circulation need not fear losing their money.

Houblon notes can be exchanged for legal tender at branches of RBS, NatWest and Ulster Bank until 30 October


Although the notes may not be used for spending beyond Wednesday, 30 April, they can be exchanged for legal tender at branches of RBS, NatWest and Ulster Bank until 30 October.

Customers can exchange an unlimited number of notes, while non-customers can exchange a maximum of £200 over the counter at any NatWest, RBS or Ulster Bank branch.

After 30 October, people still holding the notes can exchange them at the Bank of England in Threadneedle Street, London.

Sir John Houblon was the first governor of the Bank of England, from 1694 to 1697. His portrait first appeared on the reverse side of the Series E £50 notes in 1994, the Bank of England’s 300th anniversary.

However its withdrawal was announced on January 16, and from 1 May, only £50  notes portraying James Watt and Matthew Boulton will hold legal tender status.

See the Bank of England website for more information on how to exchange notes (ID required if visiting in person, address for doing it by post).

Related articles

RBS and NatWest join industry project to encourage saving

RBS and NatWest are supporting an industry-wide project which aims to change people’s attitudes to saving.

Sustainability review: making banking easy for customers

Ben and Joseph Harrison have learned about saving the fun way by playing with the RBS and NatWest children’s savings app, Pigby’s Fair.

Latest news

Royal Bank of Scotland hosts ‘Easy Wins Live’ event

The event explored today’s ‘always on’ world and the pressure Scots face as they struggle to balance life inside and outside of work.

To win the fight against fraud and scams, it is vital to educate young people.

Primary school children in Currie, Edinburgh put on their detective hats last week to learn more about fraud and scams thanks to the Royal Bank of Scotland MoneySense programme. Les Matheson, CEO of Personal Banking, tells us why it’s so important to financially educate young people.

New NatWest debit cards now accessible for all customers

New card features are being rolled out from today with all cards having a notch and raised dots.

Set Tab for lightbox