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£5 Notes

Volume 411: debated on Wednesday 30 May 1945

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asked the Postmaster-General if he is aware that members of the Forces and others are paid £5 notes by the Post Office, and even though these bear the post office stamp they cannot be cashed at any other post office or by a bank without a guarantor; and if he will give instructions that no more £5 notes shall be issued to the public by his Departments without a warning of their disadvantages.

£5 notes are, in general, used by Post Offices only where the payment of a substantial sum is involved. They are, of course, legal tender for payments of £5 and upwards. While efforts are made to avoid serious inconvenience to the public, I am afraid that my right hon. and gallant Friend cannot see his way to adopt the suggestion in the latter part of the Question.