WebSep 8, 2024 · Here’s a date for your diary: after September 30, 2024, you will no longer be able to use the old £20 and £50 notes. After this date, the notes will not be legal tender, meaning you can’t ... WebHow long can I use old 10 pound notes? The old £10 note went out of circulation officially at 11.59pm on March 1, 2024. However, old notes can still be exchanged at the Bank now that this point has passed.Although the new tenners came in last year until the deadline the paper money continued to be legal tender so could be spent freely.
How to exchange your ‘old’ British £20 and £50 notes
WebSep 30, 2024 · The old £20 paper notes were first issued in March 2007, so they have been in circulation for 14 years. In February 2024, a new polymer £20 note was issued. Sarah John, the Bank of England’s current Chief Cashier has said, “Moving the £20 note to polymer marks a major step forward in our fight against counterfeiting. WebNov 1, 2024 · Yes. The old Euro banknotes from the First Series remain legal tender. They have the same value as the equivalent banknotes of the Second Series of Euro banknotes. Both types of banknotes circulate alongside each other in the Eurozone. The 500 euro banknote also remains legal tender, but it is more difficult to spend them, as most … how does gdp affect a business
When do old bank notes expire?
WebJul 7, 2024 · Old paper £20 notes will expire on 30 September 2024. After September 2024, cafes, bars, shops and restaurants will no longer accept the paper £20 note. This is the same day as the old £50 note expiry date. The Bank of England have to give up to six month’s notice to when an old bank will cease as tender. WebMay 30, 2024 · Can you still use the old 20 notes 2024? The Bank of England has announced that the old notes will go out of circulation on 30 September 2024. This … WebOur paper £20 and £50 notes were withdrawn from circulation after 30 September 2024. We replaced them with our current £20 note in 2024 and current £50 note in 2024. You may … how does gdp affect healthcare