Archive for the ‘Foreign Banknotes’ Category

Exchange Your Old Foreign Notes Today

Posted on: July 11th, 2017 by c4c-admin-account No Comments

Out of circulation? No problem! We can help you exchange them before it’s to late.

As the excitement for the next £5 note and £1 coin calms down, we look at when they are discontinued and what you can do to keep those penny’s safe so you can still get your money’s worth. As well as this, we will let you know what exactly is old but still exchangeable for now, so you still have time to get your soon to be expired coins and notes into us.

UK £5 Notes

As you’re probably aware, the change-over in fiver’s from paper to plastic saw the UK going into meltdown… Literally. The so-called indestructible plastic note that saw people trying to tear, melt and even use them to play through a vinyl player! However, you may not be aware that the old beloved fiver note has now been discontinued. Do not fear, we are still happy to exchange these for you!

Vinly Note

Cypriot Pounds

Now, you may be less familiar with the news that the Cypriot pounds will no longer be accepted after 31st December 2017. If you have holidayed abroad to the beautiful country of Cyrpus in the last 9 years, you may be aware that the Cypriot Pound was swapped for the Euro in 2008. Now, if you happen to find a few of these lying around in old suitcase, under the sofa or in the ‘junk’ drawer then please don’t forget to contact us before December 31st!

Cypriot-1-Pound-Banknote-Front-Issued-1997

Spanish Pesetas

Whilst this one is a little less urgent, it is still crucial you get your left over Spanish Pesetas before December 31st 2020 (that gives you 2 and a half years of rummaging!) The Spanish Peseta has changed considerably over the years with a changeover in the 1980’s from old chunky notes, to notes that were designed around a modern era and had features such as the security thread and florescent fibres, as well as the large engraved images of history figureheads. However, these were changed again in the early 90’s, introducing American figureheads on to their currency as well as Spanish, to celebrate the fifth centenary anniversary of the discovery of ‘modern’ American. These notes included even more security features, including that of the advanced lithographic ink. This ink helps to detect fraud when an ultraviolet light is placed over them. They even had a feature added that helped people with impaired vision to distinguish the notes through embossed marks. These advanced notes then paved way for the new Euro notes that were introduced into Spain in 2002.

Spanish-500-Peseta-Banknote-Front-Issued-1979

Using this as a gentle reminder, get searching and collecting those unused, unwanted coins and notes and send them over to us whilst you still have time! If you have any queries, feel free to get in touch with us at Cash4Coins so we can help you get the most out of your exchange.

A Brief History of the Knights Templar

Posted on: June 9th, 2017 by c4c-admin-account No Comments

And London’s First bank…

Our knowledge of currency stems from the invention of trade between merchants. This was often trade between workmen, trading their services, goods or cattle.  However, the concept behind storing currency to those who could be trusted with others money was one that came about in the 1100’s. It was established by a group of men called the Knights Templar.

 

Who are the Knights Templar?

These groups of men were thought to be warrior monks that were highly faithful to their religion and the holy war and fancied themselves as loyal to their hierarchy. Their home was situation on Fleet Street in London, a place called Temple Church. This church still exists today and is not just known as the residency of the Knights Templar, but home to London’s first bank.

 The Knights Templar

Why and how did they come to create London’s first bank?

The thought behind this idea came from the pilgrimage that the Knights were dedicated to: a voyage that took them thousands of miles from London to Jerusalem. They needed somewhere to store and exchange their money safely and trustfully and avoid taking large sums of cash from one end of Europe to the other. The idea was that they could store their money in London and withdraw it in Jerusalem, saving them from being burgled when carrying large amounts of cash and still being able to afford food ad resources for their journey.

Temple Church

How did it work?

Though not the same of banks today, which are typically ran by the government, these banks were thought to be ran privately, owned by the Pope and connected through Kings and Queens across Europe. This allowed some sense of security for the Knights. However, this was not just a typical exchange and transfer of money for its users, the bank provided financial services. The Templars acted as brokers, providing Kings and Queens with land through the means of loans and yearly payments. It is known that the Crown Jewels were kept there as a security loan for payments of small islands across Europe, similar to the pawn-brokers of today, although on a much larger scale (I have a feeling that the Queen has never popped down to her local pawn shop with the Crown Jewels for a house in the countryside!) Though this did not last forever and eventually the European order of this bank and others broke down by the 1300’s after the European Christians lost control of Jerusalem.

 

New Ventures

However, all is not lost. Though the Templar disbanded, an Italian merchant placed in Lyon, France, decided to buy and sell debt, becoming very rich. While the other merchants around him were laboring, trading their goods, this Italian merchant simply sat and waited for money to come to him. He would sell something called a ‘bill of exchange’ that could be recognised, not as money, but as a means of exchange for money in the Italian province of Florence – Many miles away from the small town in France where he resided. It eventually become a large network and as this network of bankers grew, they would meet every year at fairs in places such as Lyon to go through their books and settle any unwanted debts. From this model comes the credit card, a system that allows a simple piece of paper (or in today’s technology, a chip and pin card) to exchange credit for goods: a radical new system that was worth investing in.

Bill of Exchange

Hierarchy

This system did not come without mistrust and a band of hierarchy that became corrupt with power. Much like events we saw on Wall Street in the 80’s, banks and organisations alike across the world would come together in an effort to avoid paying tax and creating private money between the hierarchies that were untouchable by the government. The regulations of these banks have been tested time over by governments across the world, yet it seems that those holding the most power (and coincidently, the most debt) will always prevail. Even back in the 1300’s the Templars saw their fate as one of torture by the King, who had outstanding debts he couldn’t pay off. Instead of simply working with these men to sought restoration, he used his hierarchy to have them tortured and burned to death in order to claim back what he believed to be his.

 

Great minds think alike

This may have been a great new way to share and exchange money but back in China, several centuries earlier; the Tang dynasty used a similar format called “feiquan”. This can be translated to ‘flying money’. It was a system that allowed merchants to deposit their profits into a central office and then withdraw it in cash in the capital.

Flying Money

Although this is a great piece of British and European history, we won’t let you go through the hassle of long voyages or trading cattle for a simple credit exchange! At Cash4Coins we exchange your foreign currency… for cash! We can’t accept your Crown Jewels, but give us a call today if you would like to know more about how we can help you.

 

 

 

 

A Brief History of Swiss Banking

Posted on: January 12th, 2017 by c4c-admin-account No Comments

 

Swiss banking over 300 years

Zurich and Geneva are the main hubs of Swiss economy, with Zurich being responsible for around a third of the wealth and a quarter of jobs within the city. Although Switzerland has its lack of natural resources, it makes the most of what its got and has become stable and prosperous by producing goods with strong value. For example, Rolex, Proctor & Gamble and – who could possibly forget? – Swiss chocolate.

Rolex-DD-18238-1

Aside from the chocolate, the beautiful mountainous views and popular ski resorts, Switzerland has a lot to offer. For those who want to keep their banking activities top secret, Switzerland is known as a financial safe haven. Regulation by civil law means that customers of the bank can put forwards complaints against any bank that doesn’t maintain client confidentiality. This has resulted in clients being protected because they cannot be prosecuted for information that has been divulged.

It all began over 300 years ago when Kings of France had the need for such a high degree of secrecy in their banking and borrowing of loans. It was carried forward through the years and became a safe place for people to reside their money after fleeing the revolution.

The Swiss Franc (CHF) has also always been the go-to currency in a crisis.

However, the modern day notoriety of some of the supposed ‘clients’ could include a strong list of mobsters, dictators and tax cheaters. This is due to the Banking Act of 1934 which allowed Switzerland to ultimately overcome the great depression and stock market crash of 1929 by allowing the clientele of the banks to keep their banking activity private. But this has also meant a lot of corruption over the years. Including the riddance of money and gold that was transferred from Jewish families over to Swiss banks from Germany, allegedly helping to finance their part in the war.

Top Secret Banking

However, it is not all bad. After World War Two, the USA, UK and France came to the agreement, called The Paris Agreement of 1946, that countries that remained neutral over the war would transfer over the money recovered from German allies to help aid Nazi victims. When discussing the issue, Switzerland transferred over approximately 250 million Swiss Francs of gold into the Tripartite Gold Commission’s monetary gold pool. This meant that the UK, French governments and US would waive claims against the Swiss banks connection to German gold over the war. In the years since, heirless money that has been left in Swiss bank accounts during that period of time has gone to Jewish and refugee communities to help rebuild the lives of families who were victims of the war.

Due to such high involvement in fraudulent scandals, Swiss banks have come under fire and held a national referendum in 2008 to amend the constitution that allows the information and records within banks to be open to tax authorities. However, a staggering 73% of the country voted against this idea, but it was not swiftly forgotten. In 2009, shortly after the UBS scandal, where a Swiss national helped US citizens avoid tax and defraud the US Inland Revenue Services, the law was amended so that non-Swiss clients of Swiss banks could be prosecuted for activity of this kind and limit tax evasion as much as possible.

Gold

Switzerland’s financial history is brief but remarkable. Withstanding wealthy King’s orders, world wars and great scandals, the Swiss have definitely got a lot to talk about (or keep to themselves, of course) in regards to their financial economy. If you have any queries in regards to your riches, please don’t keep it to yourself… Give our team a call today!

Deutsche Mark Banknotes

Posted on: November 7th, 2012 by c4c-admin-account 2 Comments

The way to exchange Deutsche Mark banknotes

In 1948 after the Second World War the Allied Forces introduced the Deutsche Mark and made it the official currency of Germany. However, the Mark was the currency of Germany since 1871. The Deutsche Mark was introduced for the first time on the 21st of June, 1948. The currency was initially introduced in denominations of ½, 1, 2, 5, 10, 20, 50 and 100 DEM. Later on denominations of 500 and 1000 DEM were also introduced. There have been four series of the DEM with the last series being introduced in 1990. This series had improved measures to combat forgery. It was this series that added a 200 Mark denomination to the range and to fill the gap between the 100 DEM and 500 DM. In 1999 it was replaced by the Euro. However, the Deutsche Mark remained in circulation until 2002.

Why change your Deutsche Banknotes with us?

We provide a fast and easy way to DEM banknotes into Sterling
We change all world currencies and all coins
All German Deutsche Mark banknotes will be converted into cash, regardless of age or condition
We offer faster payment with guaranteed best exchange rates

 

Exchange Deutsche Mark banknotes with Cash4Coins

Have you got a jar full of foreign leftover currency sitting in a drawer wondering what to do with it? Everyone returns home with some foreign banknotes as they simply didn’t have enough time to spend them at the airport or the denominations were small so couldn’t spend them last minute. We can help. We convert any foreign currency back into cash. We guarantee the best exchange rates and faster payment. We guarantee the best possible exchange rates along with faster payment and we offer a money back guarantee.

Don’t take your banknotes to the bank as they often give you a poor exchange rate and may not even be interested in changing up small amounts of notes or notes of a small denomination.  It’s much easier and quicker to send your coins and notes to Cash4Coins. We offer excellent rates and can even collect your coins and notes from you if they weigh over a certain weight.  And remember, we exchange any notes from any currency so get rifling through those drawers at home to see what you have leftover from holidays and trips abroad.

Deutsche Mark notes we exchange

5 Deutsche Marks banknote (5 DEM)
10 Deutsche Marks banknote (10 DEM)
20 Deutsche Marks banknote (20 DEM)
50 Deutsche Marks banknote (50 DEM)
100 Deutsche Marks banknote (100 DEM)
200 Deutsche Marks banknote (200 DEM)
500 Deutsche Marks banknote (500 DEM)
1000 Deutsche Marks banknote (1,000 DEM)

You really have nothing to lose. If you are not happy with the valuation we give you we will simply send you back your coins FREE of charge.  We think you will be absolutely delighted with our valuation however and if you agree we can have your money in your bank account within a matter of days.  Whether you are looking for a little rainy day money or you are a charity looking to make more money through charity donations, we are always happy to assist at Cash4Coins.

 

Danish Kroner Banknotes

Posted on: November 7th, 2012 by c4c-admin-account No Comments

Exchange Danish Kroner Banknotes

Denmark first introduced currency in 1625. The kroner was introduced and became legal tender in 1873 when the Scandinavian Monetary Union was established between Sweden and Denmark. The kroner is also legal tender in the Faroe Islands and Greenland. Abbreviated to DKK it is subdivided into “øre”. In the English language kroner translated means ‘crown’. Banknotes are minted in five denominations comprising 50, 100, 200, 500 and 1000 kroner. Each of the banknotes has a prominent person form Denmark printed on the front and the reverse side has symbolic images printed. The smallest kroner note in circulation is the 50 with the 100 DKK banknote the principal note in the series as almost half of the banknotes in circulation in the country are 100 kroner banknotes.

Use our FREE and secure online method to change leftover Danish Kroner notes into cash.

As well as the DKK we convert all world currencies back into cash
Danish kroner banknotes will be exchanged for cash regardless of age or condition
Any previous series kroner banknotes will also be accepted and converted into cash
Guaranteed rates with faster payment
Free collection
All kroner commemorative banknotes will be accepted and exchanged into cash

 

Exchange Danish kroner banknotes the secure and fast way…

Everyone returns from holiday with leftover foreign currency in the form of foreign banknotes. These could be USA dollars, Canadian dollars or the Danish kroner. These always end up in the jar labelled leftover holiday money and then placed back in the drawer in the hope you use them again when you travel abroad. However, if you have some leftover Danish kroner banknotes then why not contact us and we will exchange these back into cash. Our service is secure, fast and simple. We exchange any unwanted foreign currency back into usable money. We guarantee to give you the best exchange rate available and faster payment. If our quote does not meet your requirements then we will return your foreign leftover currency at our own expense. It really is that easy.

Danish kroner notes we exchange

5 Danish kroner banknote (5 DKK note)
10 Danish krone banknote (10 DKK note)
20 Danish kroner banknote (20 DKK note)
50 Danish kroner banknote (50 DKK note)
100 Danish kroner banknote (100 DKK note)
500 Danish kroner banknote (500 DKK note)
1000 Danish kroner banknote (1000 DKK note)

 

Exchange all foreign coins and banknotes today!  At Cash4Coins we make it easier than ever before to change your unused banknotes into cash you can use.  Whether you have old notes from a holiday years ago or you have been on many business trips and have currency leftover, we can help.  Our team is always happy and willing to give you all the information you need about our currency exchange service and how to go about exchanging your Danish Kroner Banknotes.

Don’t delay!  Send your foreign coins and notes to our team now and we will get busy sorting, counting and valuing them for you.  You could have your money in the bank within days.  Just think how handy it could be to have a little extra cash in your account.

Exchange Dollar Banknotes

Posted on: August 2nd, 2012 by c4c-admin-account No Comments

Exchange Dollar banknotes into Sterling the easy way!

If you want to exchange dollar banknotes into sterling then we can help! Here at Cash4Coins we exchange foreign banknotes, pre-Euro notes and foreign coins back into Sterling. Many UK banks will not accept low denomination currency such as 1 Dollar bills and notes – Our service means that you can now exchange unwanted US dollars, Canadian Dollars and cents back into Sterling by using our fast and simple service. We provide services for individuals, companies, banks, hospitals, schools and charities who want to monetize leftover currency and Dollar banknotes.

If you are a frequent traveller, you probably have lots of US or Canadian notes tucked away. These notes can often sit forgotten in old money wallets or in the same place as you keep your wallet.  You may even have a special place where you keep your old foreign notes. Collect these together, and your coins too, because we can exchange dollar banknotes for you with ease. It’s never been easier or cheaper to turn your practically useless notes into Sterling that you can use almost immediately.

Simply send your notes and coins to Cash4Coins and we will do the rest – we even sort and count your coins for you so no sitting on the floor or at a table painstakingly counting out your coins yourself!  Our customers come back to us time and time again because they know what a quick and convenient service we provide.  Over the years, we have helped charities, companies and individuals to really get the most from their currency. Exchange dollar banknotes the easy way today!

If you want to exchange dollar banknotes then simply send them to us in the post (see our page ‘how to send us coins‘ for full details), we then count and sort them and e-mail you a valuation (which you can decline and have the currency returned at OUR expense) – if you accept our valuation we will then deposit the funds directly into your bank account or pay you via PayPal (whichever is more convenient for you).

These are just a few reasons why we are THE trusted foreign coin exchange business in the UK.

So why sit on those foreign US or Canadian dollars or cents when we’ll happily exchange dollar banknotes and coins back into sterling? Maybe you want to do a fundraising collection with your friends or work colleagues or get together with your local club or PTA and organise a collection – whatever you decide we’ll happily exchange dollar banknotes as well as any coins (or any notes) back into cash Sterling.

Go to the ‘How to send us coins‘ page to see how simple the process is and exchange Dollar banknotes today!

If you’d like any help or advice on how to exchange dollar banknotes, or if you’d just like some hints and tips on the best ways to organise a charity collection then our team are standing by to help you. Please get in touch… we’d love to help.

Exchange Euro Notes

Posted on: August 2nd, 2012 by c4c-admin-account No Comments

Exchange Euro notes for CASH!

Here at Cash4Coins we can exchange Euro notes back into Sterling. Because UK banks have a minimum handling charges for foreign bank notes and coins it means that sometimes they will not exchange smaller denomination notes and in particular foreign Euro coins and cents.  We make it easier than ever to collect together that cash and exchange it for money that you can use.  Think about what you could do with that money – money that is otherwise sitting going to waste.

If you have any foreign currency and in particular Euro coins, cents and Euro bank notes then we’ll exchange these back into Sterling for you. Why just have Euro notes and coins just sitting there in your change jar or junk drawer when you can exchange euro notes and coins into cash today!  We have helped many people across the UK to get the most from their cash and we can exchange euro notes of any denomination. It’s all part of the service here at Cash4Coins.

Many charities (both national and local) as well as hospitals, businesses and banks use our foreign coin and banknote exchange services. We are trusted to deliver accurate valuations and of course great rates. Our payment is lightning fast – from acceptance, payment is often in the recipient’s bank within 1 hour.

The process is really easy….

Step 1 – package up your notes and coins securely and send them to us

Step 2 – we sort and count your currency and e-mail you an offer

Step 3 – if you accept the offer we transfer the money into your bank account

You can see details of how to send us your euro notes on the ‘How to send us coins‘ page

The process is fast, simple and easy and if you don’t accept our offer we’ll send you your euro notes and coins back via secure post at OUR EXPENSE. So why not exchange Euro notes into cash right now…?  After all, they are not doing anything for you whilst they are tucked away in an old wallet or sitting in a drawer.

You really have nothing to lose.  You do not have to accept our valuation and if you don’t we will send your money back to you. There is no obligation and absolutely no hidden charges. We are one of the easiest money exchange services to use when you want to exchange euro notes and we can assist you right now.

If you have any questions on how to exchange Euro notes and coins into cash then our team are on hand to help. We can provide valuable advice as well as hints and tips on the best way to organise a collection and maximise your return. Our business team are on hand for organisations who are looking to monetize or accept Euro payments.  Whether you have notes or coins that you wish to exchange we can help. We offer currency exchange for all currencies and can give you a great deal on changing euro notes into Sterling that you can use.

 

Exchange Foreign Banknotes

Posted on: August 2nd, 2012 by c4c-admin-account No Comments

Exchange foreign banknotes and coins for Sterling today!

We exchange foreign banknotes, foreign coins and any foreign currency and exchange it in to Sterling. This also includes old pre-decimal banknotes, notes that are out of circulation and stuff like old Irish and Scottish banknotes.

If you are lucky enough to be left with foreign banknotes following a recent holiday or you have been paid in foreign currency and need to change it for Sterling, we can help.  We can help especially if you have lots of low denomination bank notes and coins as the banks usually only like to deal with the higher amounts. At Cash4Coins we offer a service to individuals, companies and charities looking to exchange foreign banknotes easily and quickly online.

UK banks have minimum handling charges which means that they will not exchange some smaller denomination foreign banknotes and you end up with leftover currency that you cannot spend! Here at cash4coins we exchange foreign banknotes and change them for Sterling which means that the foreign currency that you have will not go to waste.

We can pay you directly for your foreign banknotes or put it towards a charity of your choice. We pay for foreign banknotes via cheque or BACS payment directly into your bank account so the sooner you dig out those unwanted foreign banknotes and foreign coins the sooner we can pay you for them!

The process to exchange foreign banknotes is very simple.

1. You send us your old banknotes (and coins). We will collect for FREE if they weigh more than 5kg (see ‘How to send us coins‘ for full details).

2. We inspect, assess and count all the currency.

3. We pay you – it’s that easy. In the event that you don’t accept our offer of valuation then we’ll return your foreign banknotes and coins FREE of charge. (This is our 100% guarantee)

We assess each consignment separately and then accurately sort and collate the foreign currency using state of the art equipment. We pay excellent rates for foreign banknotes so don’t delay and send us yours today – you may even want to organise a collection with your friends and family or for your local school, charity or hospital. Just think what you could do with that extra money – you could buy extra equipment, arrange a night out or simply pop the money into the bank for when you need it in the future.  We make it so easy to exchange foreign coins and we have helped many of our customers to make use of their otherwise useless money.

At Cash4Coins we believe you should be able to make use of your money no matter where it originated from or how many foreign bank notes or coins you would like to exchange.  And remember, we do all the hard work for you and can even collect your coins and notes for FREE if they weigh a certain amount.  We have helped many people to make the most of their spare foreign currency and we can do the same for you today. If you’d like any further information on how to exchange foreign banknotes then please contact us.