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Your old Malta notes are about to become worthless

Your old Malta banknotes are about to become worthless.

If you have any Lm2, Lm5, Lm10 or Lm20 notes stuffed under your mattress or hidden away in an old piggy bank, you have until tomorrow to exchange them.

The Central Bank of Malta has told 89.7 Bay that the official cut off date for Maltese Liri will be 12.30pm tomorrow, Wednesday 31 January 2018.

Following that, they will be completely worthless.

Maltese banknotes ceased to be legal tender after Malta adopted the euro on January 31 2008.

The fifth series of Lm2, Lm5, Lm10 and Lm20 banknotes were first issued in 1989 and have a common front side showing a female figure holding a rudder.

So what can you do to make sure you aren’t left with a handful of useless old fivers?

Here’s everything you need to know:

What do I do if I still have an old Maltese bank note?

There’s one way to guarantee to get your old Lm5 note swapped – head to the Central Bank of Malta itself.

It’s head office in Valletta lets anyone with an out of date note swap it for a current one – meaning anyone with a fiver can head there and swap their paper fivers for euros.

In fact, even if a note’s slightly ripped as long as there’s enough left to identify what it was they will swap it for a new one.

To exchange your banknotes in person you can take them to the following address before tomorrow:

The Central Bank of Malta

Castille Place


The counter is open from 9:30am to 12:30pm.

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