Do you accept cash?

  • Andrew Cregan avatar
    Andrew Cregan Finance Policy Adviser | BRC Alumni

Changes to the packaging of coins will soon be introduced to reduce plastic waste. You can also bolster your green credentials by signing up to new “Cash Industry Environmental Charter”. Log-in to view further details, and contact Nicky.Scowen@ukfinance.org.uk for next steps.

If your business already handles cash payments then promote this by signing a corporate pledge on cash acceptance drawn up by the consumers' association, Which? Log-in to view further details, and contact olivia.peck@which.co.uk for next steps.

The Bank of England plan to launch of the new polymer £50 note this summer. Log-in to view further details, including how to get hold of £50 test notes and next steps for old paper £20 notes.

Do your machines pass the test? Machines that automatically accept, count or sort banknotes are tested to ensure they meet a minimum standard for authenticity checking, set by the Bank of England. Details of machines that pass the tests are published here.

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