Redeeming Old Banknotes

Using Previous Issues of Polymer Banknotes

All Australian banknotes that have previously been issued into circulation by the Reserve Bank remain legal tender and can continue to be used.

New $5, $10 and $50 banknotes are now in circulation. All existing polymer banknotes can continue to be used as both versions of the $5, $10 and $50 banknotes will be in circulation for a number of years.

Redeeming Old Banknotes

All previous issues of Australian banknotes retain their legal tender status. However, it is a long time since some of these banknotes were issued into circulation in Australia and some retailers or members of the public may be reluctant to accept them. People may be unfamiliar with the designs and may suspect the banknotes to be counterfeit.

The Reserve Bank, and most commercial banks, will redeem old Australian banknotes at face value. A commercial bank may require some time to confirm that a banknote from a previous series is genuine or may need to send such banknotes to the Reserve Bank for confirmation.

Alternatively, old banknotes can be exchanged for current banknotes by visiting the following Reserve Bank locations:

Head Office
65 Martin Place
SYDNEY NSW 2000

Australian Capital Territory
20-22 London Circuit
CANBERRA ACT 2600

要するに紙幣は支払いには使える（legal tender status）が、断られる可能性は否定できない。なので、等価で交換に応じる。でも、Reserve Bank以外では一筋縄ではいかないかも知れない。