The old paper £5 note goes out of legal tender on May 5th 2017. After this date they will have to be exchanged by the holder with the bank of England.
We will accept the old note up until the 4th of May 2017 (to enable us to bank any cash on the morning of the 5th). After this date we will only accept the new polymer based £5 notes. We do not expect this to cause any issues for our customers as the old notes are being phased out by the banks at a rate that means very few will be in circulation by the withdrawal date.
If you do end up with old fivers after the withdrawal date the Bank of England has an excellent site that details what to do with old notes (of any description).
The Angell Pets Team