mc2fool wrote:BobbyD wrote:mc2fool wrote:BobbyD wrote:mc2fool wrote:I think the OP is perfectly clear. Their friend's family members in HK have a stash of "old" £50 notes (under the mattress, so to speak), and want to swap them for "new" £50 notes without going through any normal institutions.
The only thing that isn't specified is their reason for doing so, and the only interaction at all with any bank anywhere is to be in the UK when the friend withdraws the money from their UK bank, in new £50 notes, and later deposits (most of it) back in old £50 notes. Motivations are left to the imagination of the reader.
The op doesn't mention anything about avoiding the usual Institutions.
And neither did I, I said "without going through", not "avoiding". They may want to but there may be reasons why they can't. Reasons, which, as I said, weren't specified.
Ignoring the fact that 'without going through' and avoiding are synonyms in this context, they didn't say that either...
No, not synonyms as avoiding implies specific effort. But they didn't have to say it, it's a clear inference from what they did say.
Yes, I inferred the same thing although the desire to "avoid" banks is on the part of the relatives in the Far East and not the OP's friend, who has actually written to her bank with this request, thereby voluntarily creating a paper trail.
Presumably those relatives do not trust the banks in wherever they are, else why would they be sitting on 10K in fifties that they cannot spend there?