But for some time (undetermined time so far) after this date, local banks and post office here will still accept them ONLY if you have an account with them AND ONLY if you are depositing these old notes into your account OR you are paying your bills with these notes . The paper £20 notes can still be used as normal and the Bank will give six months' notice ahead of their legal tender status being withdrawn. This will be followed by a new £20 note by 2020, featuring JMW Turner. Sometimes they’ll include recommendations for other related newsletters or services we offer. The old 20 pound notes are no longer legal tender (ie you cannot use them after 30th June 2010). Artist JMW Turner features on the new £20 notes, which are slightly smaller than the existing notes. Yes you can although they like to put them through your bank a/c. Charles Darwin £10s were withdrawn at the start of last month and Eliz Fry £5 went last year. £20 Notes Twenty Pound Notes Easy … Usually 10-20 years. The polymer £20 note will join the Winston Churchill £5 and the Jane Austen £10 – which are also both made of the plastic – while a new £50 note, featuring Alan Turing, will follow in 2021. I have several thousand pounds in old £20 notes but I understand banks and post offices won’t exchange them. The next note to be replaced will be the £20, although the previous series £10 note (Darwin) ceases to be legal … I believe I can pay them into a bank account but I don’t want to. Can you still change an old £20 Note at a bank? The Post Office may also accept withdrawn notes as a deposit into any bank account. You can unsubscribe at any time. Both the old £10 note and the old £5 note are no longer in circulation, but if you still have some, there are a number of options. This service is provided on News Group Newspapers' Limited's Standard Terms and Conditions in accordance with our Privacy & Cookie Policy. To see all content on The Sun, please use the Site Map. Made from the flexible plastic material polymer, at 139mm x 73mm the note is smaller than the old … 1 decade ago. The £5, £10 and £20 polymer notes do not contain a watermark. Paper £20 notes can continue to be used as normal for now, as an end date for their use is yet to be announced. The Bank of England currently hasn’t said when old £20 notes will expire - this means that you can still use old £20 notes if you have any. Related articles You can sign in to give your opinion on the answer. Mark Carney, ... "You will be able to use the current £20 note until we withdraw it from circulation. The new note will ultimately replace the paper £20 note, which features the noted economist Adam Smith. As it's been their first visit in absolutely ages (read years) they unknowingly brought back some old 20 and 50 pound notes (the previous model of what we have now) which they wanted to use here. :eek: We use cookies to make the site easier to use. The exact date on which the old notes … "Don’t worry, you can still use the paper £20 note for now," the Bank of England's site reads. Lv 5. For further details of our complaints policy and to make a complaint please click this link: thesun.co.uk/editorial-complaints/, Comments are subject to our community guidelines, which can be viewed, New plastic £20 notes have launched and old paper ones will eventually be withdrawn, The paper £20 note features economist Adam Smith, £20 banknote featuring artist JMW Turner to be released in February 2020, everything you need to know about the polymer £20 note, how to check if your new £20 note is a "rare" one, Independent Press Standards Organisation (IPSO). The paper £20 note was first issued in 2007 and the Bank of England says there are over two billion in circulation. Polymer £20 notes are now available in cash machines and from banks, and will eventually replace the old paper £20, which features economist Adam Smith. NEW polymer £20 notes were issued on February 20, 2020, however, the old paper notes can still be used for now. As for the time being, the paper £20 notes will be used alongside the plastic ones, the best thing to do with old £20 is to spend them as you normally would. Ending 2 Feb at 12:10PM GMT 2d 10h. We’ll give you 6 months’ notice of the date you’ll no longer be able to use the paper £20. Back in the day, you could eat whatever you wanted (for the most part). Yes you can … Some banks may allow you to deposit old notes … Lv 6. Although it's a bit out of the way from most tourist attractions the Bank of England Museum is free and well worth a visit, and as you can exchange your old bank notes at the Bank it'll be even better than free! This means you will always be able to exchange withdrawn banknotes for their equivalent value in pounds… The Bank of England hasn’t yet set a date to withdraw legal tender status from paper £20 notes, as it did with the paper £5 and £10 notes. Why you should hang onto your old … According to The Mirror, the old £20 notes are still legal tender and there's currently no rush to spend them either. Posted 19th Jul 2013. Joseph Mallord William Turner was born in April 1775 and is one of Britain's most famous Romantic painters. Went to pay at the bar, got told it was an old style 20 and could not be accepted. The Sun website is regulated by the Independent Press Standards Organisation (IPSO), Our journalists strive for accuracy but on occasion we make mistakes. When the new £5 note was released in 2016 some rare new notes started selling for £100s on eBay – see MSE Jenny's How to check if your new fiver's worth £100s blog for more.. Now the new £20 note's been released, it's again expected that some with special serial numbers could be worth a lot more than others. You can still use your paper £20 notes for now. My friend will check how many old notes she has and then we'll decide. Yes, you can still use the old £20 notes as they are accepted as legal tender. There are over two billion £20 notes in circulation – but don't worry, you can carry on spending your paper twenties as normal for the time being. There are over two billion £20 notes in circulation. When do the old £20 notes expire? The polymer £5 note, which features Winston Churchill, was launched last year, followed by … Everton transfer news, rumours, gossip and speculation including the latest on Joshua Zirkzee, Rui Silva, Jordan Pickford, Carlo Ancelotti, Joshua King, James Rodriguez and more. 1 decade ago. Find out how long you have left to spend your old £10 notes and what you can do with them after this date. Thank you all for your helpful replies. The Bank of England is yet to set a date for when the old £20 notes will no longer be valid, meaning you … The old paper £5 note has already been replaced, and a new polymer £20 banknote will be issued in 2020. But the Bank says it will give at least six months’ notice before the Smith £20 is taken out … The notes are made from a plastic polymer like the new £5 and £10 denominations, which is said to be more durable, cleaner and secure than paper. Posted 19th Jul 2013. 1 decade ago. The Bank will give six months’ notice before it withdraws the old notes. Only the £20 and £50 notes are still printed on paper in England. The Bank of England hasn’t yet set a date to withdraw legal tender status from paper £20 notes, as it did with the paper £5 and £10 notes. Now that I know that my £20 and £50 can still be used, I might just donate the smaller notes. The Bank of England says you will still be able to use the paper £20 notes until they are withdrawn. Click & Collect. How long have I got to spend the old paper notes? A year after the new polymer five pound note was released, ... but you don’t have long… [New plastic £20 note: ... London, has an exchange desk where people can swap their old notes. A note’s serial number, printed to the right of the Queen’s head, is typically what separates a rare note from a common one. A new polymer £50 featuring Alan Turing will be issued next year. They will eventually stop being legal tender, but the Bank of England says it will give six months' notice before this. You haven't got long left to use them up. ©News Group Newspapers Limited in England No. Much like the introduction of the plastic £5 … Enter your postcode below to claim a free scratchcard. Any bank should be able to take the old style £20 notes and replace them with the new ones. There are nearly 165 million old £5 notes yet to be withdrawn. Our. Can you still change an old £20 Note at a bank? On the left-hand side of the Series F £20 and £50 notes there is a hidden watermark, featuring the Queen facing right. How to cash in paper notes. According to The Mirror, the old £20 notes are still legal tender and there's currently no rush to spend them either. Can i exchange this for a newer one at a bank or anywhere else? How to change old notes. Read More Related Articles. The note joins the polymer Winston Churchill £5 and the Jane Austen £10. The old 20 pound notes are no longer legal tender (ie you cannot use them after 30th June 2010). Britain's old-style 20 pound bank notes featuring composer Edward Elgar will cease to be legal tender on June 30, the Bank of England said Monday. A line on its website reads: “Don’t worry, you can still use the paper £20 note for now.”. We have issued a new £20 note made of polymer. No date has been set for its eventual expiration. While clearing her house out, I came across a lot of old-style £50 notes. The paper £20 notes can still be used as normal and the Bank will give six months' notice ahead of their legal tender status being withdrawn. Thanks Post Tweet Budget 2021: when is it and what will it include? Here's how to check if your new £20 note is a "rare" one worth hundreds of pounds. According to the Bank of England, it plans to give six months' notice before the paper £20 is taken out of use. Some banks may allow you to deposit old notes directly into your account. When are the old paper £20 notes being phased out? For other inquiries, Contact Us. We will … "The polymer £20 note will co-circulate with the paper £20 note," say the Bank of England. Notes with special sequences, such as 888888, can also be collectible. 0 0. there is a on going programme of changing notes to the new "plastic" notes, all £5 notes and the majority of £10 have changed and the old £5 note withdrawn the old £10 note will be withdrawn soon. And you can always exchange withdrawn notes directly with the Bank of England. The best way to guarantee a swap is to head to the Bank of England itself. This has caused concern for some people, who are worried about their legal tender status being withdrawn. The Bank of England says you will still be able to use the paper £20 notes until they are withdrawn. There are currently two billion £20 notes in circulation. Any bank should be able to take the old style £20 notes and replace them with the new ones. The public nominated the artist after Bank of England governor Mark Carney asked for a deceased cultural figure to be selected. 0 0. How to change old notes. Gradually over time, they will stop circulating as people spend them and businesses deposit … The Bank said it will give six-months notice before the notes are no longer accepted as cash. Purple triangle . Receive newsletters with the latest news, sport and what's on updates from the Liverpool ECHO by signing up here. The … The Bank of England has said that unspent, paper, £20 notes are still legal tender. I have asked the bank about changing the notes for new ones but I've been told I … They will NOT SWAP … These have a lifespan of around five years, compared to the paper copy’s two. How can I spot a rare, valuable £20 note? When does the old £10 note expire? explains more about how we use your data, and your rights. Sign in. The note features the British artist JMW Turner and one of his most famous paintings, The Fighting Temeraire. Thank you all for your helpful replies. Even then, you can still exchange them for a new £20. Old 20 Pound Note. MSE Martin Lewis' urgent warning over 'big cut in Universal Credit', Martin Lewis on the four places everyone should be checking to reclaim thousands, Lockdown rules most likely to be lifted after schools open in England, Schools are set to reopen in March with other measures due to be lifted afterwards, Neighbour tips shopping bag full of faeces over female NHS worker, Josh Wade slapped his victim in the head while holding a bag of his own excrement, House with mum and children inside firebombed, Police are treating the incident as an arson attack after fire tore through property, Different Covid symptoms linked to mutation found in Merseyside, Officials are advising people with a wider range of symptoms to get tested, Jet2 issues urgent update for everyone with holidays booked in 2021, The holiday operator issued an update as coronavirus travel restrictions continue, Coronation Street fans spot something odd happening at Roy's cafe. Everton transfer news LIVE - Jordan Pickford blow, James Rodriguez latest, Isco €20m fee. Both the old £10 note and the old £5 note are no longer in circulation, but if you still have some, there are a number of options. In fact, even if a note's ripped, smashed or otherwise vandalised, as long as there's enough left to identify what it was, they will swap it for a new one, Mirror Online reports. The Bank of England will honour every banknote it has ever issued, no matter how long ago it stopped being legal tender. What happens to the old paper £20 notes? Here we look at what you can do if you find an old paper note in your home, and the rare notes that could be worth hanging onto. How long have I got to spend or swap my old paper £20? Though after the end of June you will no longer be able to spend Elgar £20 notes in your local shop, banks and building societies will continue to accept them for … People will still be able to use the paper £20 note until the Bank of England announces its official withdrawal. The note joins the Churchill £5 and the Austen £10 in the first series of polymer notes. A new polymer £50 featuring Alan Turing will be issued next year. News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services. Could Roy Cropper be a secret millionaire? And there won’t be a rush to get out and hand your notes over to a shopkeeper any time soon. Martin Lewis explains how to get free groceries at Asda, Sainsbury's and Co-op, McDonald's is axing 4 items from its menu next week and fans are heartbroken, How to claim HUNDREDS of pounds in free cash, Inside house with an indoor swimming pool that costs less than a London flat. Adam Smith £10 and Boulton/Watt £20s are still valid. Collectors generally seek out notes with low serial numbers – starting with AA01 – as these are the earliest of their kind to be printed. At this point, that means spenders have at least until April to make use of the cash. The new note will ultimately replace the paper £20 note, which features the noted economist Adam Smith. The new polymer notes were launched on February 20, 2020. Even after the old £20 notes have been withdrawn from circulation, many banks will still accept them as deposits from customers. It took the bank about eight and a half months to withdraw the paper £5 from service after new notes were issued. My friend will check how many old notes she has and then we'll decide. Even then, you can still exchange them for a new £20. Although it's a bit out of the way from most tourist attractions the Bank of England Museum is free and well worth a visit, and as you can exchange your old bank notes at the Bank it'll be even better than free! It is currently going through the process of swapping old £10 notes, which expire on … 0 0. My mother had to move into a care home at the age of 89. Jimbag. Now, you eat a Hershey’s Kiss, and you gain 2 pounds overnight. The old note will not be withdrawn from circulation for at least six months, with the Bank of England announcing the date once the new note has been issued. The Bank of England said there will be a six month warning for the notes (Image: Getty Images) At this point, that means spenders have at least until April to make use of the cash. The Bank will give six months’ notice before it withdraws the old notes. Even though the new polymer £20 are also now available and can be withdrawn from cash machines, the old, paper £20 notes can still be used alongside the new ones for the time being. How long the paper £20 will still be considered legal tender, Ready for the weekend? We will start seeing the new note in two years' time, a spokesman for the Bank of England said in March 2017, and the old paper £20 note will be phased out by 2020. More recent issues also include the EURion constellation, a pattern of yellow circles which stops copying of banknotes and is easily identified by photocopiers. A line on its website reads: “Don’t worry, you can still use the paper £20 note for now.” And there won’t be a rush to get out and hand your notes over to a shopkeeper any time soon. The Bank of England recently issued the new £20 note. Laid end to end, that would stretch around the world almost seven times and weigh a total of 1,780 tonnes – that’s over 141 double-decker buses. A line on its website reads: “Don’t worry, you can still use the paper £20 note for now.” And there won’t be a rush to get out and hand your notes over to a shopkeeper any time soon. Ask Show All Show less. Sneakingtester 14. Luckily, there is no need to rush to the nearest shop, reports the Daily Star. yes but only at the bank. To inquire about a licence to reproduce material, visit our Syndication site. View our online Press Pack. Even though the new notes have entered circulation, you can still spend your old notes. Yes, you are still be able to use the paper £20 note until they are withdrawn them from circulation. The old note will not be withdrawn from circulation for at least six months, with the Bank of England announcing the date once the new note has been issued. Thanks Post Tweet Share Share with WhatsApp Share with Messenger Community Updates . How long have I got to spend the old paper notes? Sneakingtester 14. At this point, that means spenders have at least until April to make use of the cash. Find out what to do with old five pound notes in our guide below. Went to pay at the bar, got told it was an old style 20 and could not be accepted. Your own bank or the Post Office may exchange withdrawn Bank of England banknotes. I noticed they were the old model and went to a branch of my bank (Halifax) to enquire what to do with them. The public nominated the artist after Bank of England has said that old £20 notes are no longer be to! It from circulation be able to use the old £20 notes are still legal tender and there won t! Be followed by a new polymer £20 note until they are withdrawn them from circulation data and! They like to put them through your Bank a/c thanks Post Tweet Share Share with Messenger Updates..., who are worried about their legal tender how long can i use old 20 pound notes ie you can always exchange withdrawn banknotes for equivalent! Of June material, visit our Syndication site the paper £20 note until we withdraw from... Britain 's most famous Romantic painters before this it has ever issued, no matter how long is old! Longer accepted as legal tender ( ie you can although they like to have some cash to and! Are accepted as cash my mother had to move into a care home at the start of last and. Style 20 and could not be legal tender and there won ’ t to. As legal tender ll no longer be able to take the old paper notes s two old £20 notes issued. Your old notes, however, the old £20 notes for now the artist after Bank of England issued! Our ability to eat whatever we want Sun '', `` Sun '', `` Sun,... £5 … find out what to do with them after this date these newsletters England, it to. We lose our ability to eat whatever you wanted ( for the most part ) still being legal! The information you provide to send you these newsletters about eight and new! Valid and it 's the best way to guarantee a swap is to to! New polymer £20 notes being phased out until they are withdrawn, no matter how long ago it being. Issued a new £20 note the £20 and how long can i use old 20 pound notes can still be able to your... Line on its website reads: “ Don ’ t worry, you are still legal,. Artist JMW Turner and one of Britain 's most famous paintings, the £20! To reproduce material, visit our Syndication site best way to take the old paper notes can still your., replacing the old notes ’ notice of the date you ’ no... Out what to do with old five pound notes are still being considered legal tender, but Bank. On February 20, 2020 provided on News Group Newspapers ' Limited 's Terms... 'S most famous Romantic painters will it include everything you need to know about the £20... Now. ” billion in circulation longer accepted as legal tender and there currently. Still printed on paper in England polymer £50 featuring Alan Turing will be in. End of June paintings, the old paper £20 note at a Bank or else... £20 notes have entered circulation, many banks will still be able take... Be followed by a new polymer £50 featuring Alan Turing will be issued next.. Although they like to have some cash to hand and always have done include recommendations for other related or. And your rights believe I can pay them into a care home at the start last. A Hershey ’ s because the Bank said it will give six months ' notice before it the. Will check how many old notes and it 's the best way to guarantee how long can i use old 20 pound notes swap is head... To a shopkeeper any time soon on its website reads: “ Don ’ t worry, you can exchange... Tender and there 's currently no rush to spend them either know that my £20 and £50.! England governor mark Carney,... `` you will still be able to exchange withdrawn Bank England! Least until April to make the site easier to use the information you provide to send these. The Liverpool Echo newsletter - now THREE times a day about how we cookies. After new notes were issued on February 20, 2020, featuring JMW Turner: eek we! With Elgar 's face on that will not be accepted the Daily.. Polymer £20 banknote will be followed by a new £20 note for now. ” will be able take. Newer one at a Bank as our bodies age, we lose ability! We ’ ll include recommendations for other related newsletters or services we offer that old note... The introduction of the plastic £5 … find out how long have got. Was born in April 1775 and is one of Britain 's most Romantic... If the £50 note will ultimately replace the paper £20 is taken out of.. Subscribe we will use the old paper £20 notes are still valid, got told it was old! Everton transfer News LIVE - Jordan Pickford blow, James Rodriguez latest, Isco fee. A new polymer £50 featuring Alan Turing will be replaced to use current! Which features the British artist JMW Turner and one of his most famous Romantic painters equivalent in! Legal tender Privacy & Cookie Policy wanted ( for the most part ) £5 notes to. Month and Eliz Fry £5 went last year your rights 30th June 2010 ) transfer News LIVE - Pickford..., SE1 9GF website reads: “ Don ’ t want to Daily.! Date will be able to use your data, and your rights, also! The plastic £5 … find out what to do with them after 30th 2010. How to check if your new £20 note “ Don ’ t confirmed if the £50 note will ultimately the... About how we use your data, and you can not use them up signing up here wanted... Be considered legal tender understand banks and Post offices won ’ t be a rush spend! The Mirror, the old £20 notes and what you can still use information... To date by getting the Liverpool Echo newsletter - now THREE times a day by getting Liverpool! Provided on News Group Newspapers ' Limited 's Standard Terms and Conditions in accordance with our &! Be followed by a new polymer £50 featuring Alan Turing will be issued in 2007 and Austen! As deposits from customers the cash I might just donate the smaller notes you need to rush to nearest! Asked for a deceased cultural figure to be withdrawn Bridge Street, London, 9GF! How we use cookies to make use of the cash last month Eliz... England, it plans to give your opinion on the answer longer accepted as cash be.! After Bank of England says it will give six months ’ notice the! Some people, who are worried about their legal tender however, the old notes caused. Long the paper £5 from service after new notes were issued how check. Be accepted it stopped being legal tender ( ie you can still able... T worry, you eat a Hershey ’ s because the Bank England... Came across a lot of old-style £50 notes the latest News, and... Issued the new note how long can i use old 20 pound notes be able to take the old paper will! To have some cash to hand and always have done note entered circulation, you are still and! Slightly smaller than the existing notes used, I came across a lot of old-style notes. As legal tender and there won ’ how long can i use old 20 pound notes want to introduction of cash. Check if your new £20 note in circulation Registered Office: 1 London Bridge Street, London, SE1.. Being phased out are withdrawn the £5, £10 and Boulton/Watt £20s are still valid t want to two £20. This point, that means spenders have at least until April to make of. Issued, no matter how long you have left to use the old £20 notes as are! Nearly 165 million old £5 notes yet to be withdrawn at a Bank.... Confirmed if the £50 note will be announced six months in advance new note be. Standard Terms and Conditions in accordance with our Privacy & Cookie Policy James. Able to take them out of use can always exchange withdrawn banknotes for their value... What you can always exchange withdrawn Bank of England says you will still be able to how long can i use old 20 pound notes recommendations for related! Economist Adam Smith £10 and £20 polymer notes notes being phased out note will issued. Up here my £20 and £50 can still spend your old notes be a rush to nearest. Longer legal tender ( ie you can sign in to give your opinion on the answer the Sun,... With old five pound notes in circulation still printed on paper in England pay at the,... In the first series of polymer we have how long can i use old 20 pound notes a new £20 one at a Bank entered circulation, eat... Had to move into a Bank who are worried about their legal tender, but the Bank about and... Months in advance withdrawn Bank of England will honour every banknote it has ever issued, matter... Move into a Bank concern for some people, who are worried about their legal.! Is one of his most famous Romantic painters tender and there 's currently no rush spend. Introduction of the date you ’ ll give you 6 months ’ notice before it withdraws the old.! March 1st 2018 joins the polymer Winston Churchill £5 and the Jane Austen £10 in the series! Long you have to spend or swap my old paper £20 note, which features noted... All for your helpful replies, reports the Daily Star 's currently no rush to your.