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06th Jan 2020

€350m worth of old punts still unclaimed, say Central Bank

Rory Cashin

The Central Bank still exchange punts for euros.

Central Bank of Ireland have released new figures which indicate that there is still around €350m worth of unclaimed old punts in Ireland.

According to the breakdown, over third of the total sum (€347,404,127.84) is in coins:

Irish Pound Banknotes: €224,389,631.19

Irish Pound Coin: €123,014,496.65

Central Bank have also released figures on redeemed punts – in both notes and coins – over the last five years, with almost €1 million worth of punts exchanged in 2019 alone:

redeemed punts

The Central Bank also have further information if you wish to exchange your old punts for euros (exchange rate £1 = €1.269738), which involves filling in a downloadable form and submitting it with your money, and the euro exchange will then be paid directly into the bank account listed on the form.

Full information on the exchange can be found here.