30 September 2022 is the last day you can use our paper £20 and £50 notes. Many banks will accept withdrawn notes as deposits from customers. The Post Office may also accept withdrawn notes as a deposit into any bank account you can access at the Post Office. And, you can always exchange withdrawn notes with us.
Can you use old 20 pound notes now?
Yes, old £20 notes ares still legal tender. And you can continue to use these paper notes to make purchases at the moment. The old £20 notes will stay valid until the September 2022 expiry date given by the Bank of England.
Can you still take 20 notes to the bank?
The deadline for using your old paper £20 notes is September 30, 2022. After this date, the paper £20 note will no longer be classed as legal tender. So you’ll need to spend them by then or deposit them in a bank account. The Bank of England gives at least six months’ notice before any old note is taken out of use.
Can you still use old 20 notes 2021?
30 September 2022 is the last day you can use our paper £20 and £50 notes. Many banks will accept withdrawn notes as deposits from customers. The Post Office may also accept withdrawn notes as a deposit into any bank account you can access at the Post Office. And, you can always exchange withdrawn notes with us.
Is the old 20 still legal tender?
Paper £20 notes go out of circulation on Wednesday, September 30, 2022. Until then, you can still use the old £20 notes as they are accepted as legal tender. If you’re looking to exchange any old notes, The Bank of England website has further information.
How do I get rid of my old 20 pound notes?
At your bank
If you have a UK bank account, the simplest and quickest way to exchange your notes will normally be to deposit them with your bank. The Post Office Opens in a new window may also accept withdrawn notes as payment for goods and services, or as a deposit into any bank account you can access with them.
Is there a 100 pound note?
The £100 note is currently the largest denomination of banknote issued by The Royal Bank of Scotland. The current Ilay series of banknotes was first issued in 1987. These banknotes feature a portrait of Lord Ilay, first governor of the bank, on the front. Lord Ilay’s image is also used as a watermark on the notes.
Can you still use old 10 notes 2021?
While the old paper £5 and £10 bank notes are no longer legal tender, you can still pay with the paper versions of both the £20 and £50 notes until 30 September 2022. After this date, they will no longer be classed as legal tender.
References:
- https://www.goodto.com/family/family-news/when-do-old-20-notes-expire-595335
- https://www.thesun.co.uk/money/10997710/when-old-20-note-expire-can-still-use-paper/
- https://www.bankofengland.co.uk/banknotes/20-pound-note
- https://metro.co.uk/2022/01/21/new-20-notes-when-do-the-old-notes-expire-and-who-is-on-the-new-one-15959501/
- https://www.bankofengland.co.uk/banknotes/exchanging-old-banknotes
- https://en.wikipedia.org/wiki/The_Royal_Bank_of_Scotland_%C2%A3100_note
- https://www.themoneyedit.com/banking/old-bank-notes-coins