Are Old Paper 20 Pounds Still Legal

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Yes, old £20 notes are still legal tender. And you can still use those paper notes to make purchases for now. The old £20 notes will remain valid until the expiry date specified by the Bank of England in September 2022. “His influence extended throughout his life and is still visible today.” If you have paper notes of 20 or 50 pounds, we recommend that you use them before September 30, 2022 or deposit them with your bank or post office. The 20-pound polymer notes put into circulation in February 2020 have replaced the old paper notes, prompting many to wonder when the old currency will expire. Paper tickets are currently still valid and can therefore be issued in stores or other places to accept cash. You can still receive paper notes from companies or others until September 30, 2022. Focus on these important security features to confirm that a £20 or £50 paper note is genuine: ANYONE with paper notes worth £20 has only a few days left to spend them. A Bank of England spokesman had previously told The Sun: “Polymer banknotes are stronger than paper notes and last longer in normal daily use. However, you can exchange your old banknotes for new notes at the Bank of England at any time before or after 30 September.

Paper notes of £20 and £50 will be phased out after the introduction of plastic banknotes. After 30 September, these paper notes are no longer legal tender. People will no longer be able to use them in stores. After this date, £20 paper is no longer legal tender. The old paper notes of £20 and £50 will no longer be legal tender. Economist Adam Smith appears on the original £20 note. While the new polymer note shows artist JMW Turner. The Romantic artist`s self-portrait was painted in 1799 and is on display at the Tate Britain in London. Until then, you can still use the old £20 notes as they are accepted as legal tender. The note is printed on special paper, which gives it a unique feel. On the front of the note, you can feel increased pressure.

For example, in the words “Bank of England” and in the lower right corner around the number “20”. Once the deadline of 30 September 2022 has passed, you will no longer be able to use Bank of England paper notes in stores or use them to pay businesses. A metallic hologram that alternates between the word “twenty” and “books” when the note is tilted is also included in the drawing. Tomorrow, these paper tickets will no longer be legal tender and will no longer be accepted in stores. The Bank of England has stated (will be opened in a new tab) that many banks will still accept “withdrawn notes as customer deposits”, just like the post office. You can also exchange paper notes for the new polymer notes directly at the London-based Bank of England. Cash notes of £20 and £50 are no longer legal tender after 30 September 2022. The old paper notes of £20 and £50 will no longer be legal tender. But in March, the Bank of England said there were still £7 billion worth of £20 notes and £10.5 billion worth of £50 notes in circulation.

If you have old legal tender, such as a £5 or £10 paper note, you can exchange or deposit it using this method. The Bank of England will always exchange the old paper notes so that people who missed the deadline are not left out of their pockets. In March, the Bank of England`s Chief Treasurer, Sarah John, said: “In recent years we have moved our banknotes from paper to polymer because these designs are harder to counterfeit and at the same time more durable.” The new 20-pound note is slightly smaller than the paper edition and features British painter JMW Turner. The old £20 notes expire on 30 September 2022. After this date, cafes, bars, shops and restaurants will no longer accept the £20 paper bill. This is precisely the same day as the old expiry date of the £50 note. The polymer will replace the 20-pound note presented by economist Adam Smith. 30 September 2022 is the last day you can use our paper tickets worth £20 and £50. Paper notes have been replaced by new polymer notes: the £20 note includes JMW Turner and the £50 alan Turing note. We will revoke the status of our £20 and £50 banknotes after 30 September 2022. When the paper notes are returned to the Bank of England, they will be replaced by the new £20 polymer notes with JMW Turner and the £50 polymer notes with Alan Turing.