WebSep 6, 2024 · Both the old paper £20 and £50 banknotes will expire on Wednesday, September 30, 2024. This means this is the absolute last day you can spend them in stores - so you have just over one year to ... WebMar 29, 2024 · Despite the upcoming deadline, there are approximately £7bn worth of paper £20 and £10.5bn worth of paper £50 notes still in circulation. This is equivalent to around 360 million paper £20 ...

When do old £20 notes expire and are they still legal tender

One option is to take the old paper notes down to the Central Bank in person. There is currently no time limit when it comes to exchanging your old … See more Different banks have their own rules in place covering how they will handle paper banknotes ‒ while some are happy to exchange them for … See more You can deposit out-of-date banknotes – up to the value of £300 every two years – into your bank account at some local Post Offices. You will need to take photo ID so that the Post Office can keep track of how much you exchange … See more WebJul 30, 2024 · More than £24.5 billion in old fivers, tenners and twenty pound paper notes are still in circulation. The Bank of England says 115 million paper £5 notes, 83 million £10 paper notes and 1,157 ... my hero academia fights

What happens if you still have old £5 notes and how do you

WebDec 29, 2024 · Old £20 paper notes - including old £50 notes - can't be used in shops after September 30, 2024 Credit: Alamy They have been designed to last longer - and they're … WebOct 12, 2024 · That means - at the time of writing - you have until at least April 2024 to spend them in shops. Even after then you can still exchange them for new £20 notes. … WebSep 26, 2024 · Paper £20 and £50 notes go out of circulation this week – on Friday, September 30, 2024. Until then, you can still use the old notes as they are accepted as … ohio house circleville