News

The Bank of England has warned that the deadline to use 'old style' paper £20 and £50 notes is just four weeks away. Britons have until Friday, 30 September 2022, to spend the paper versions of the ...
The £20 and £50 notes are the latest to be axed from circulation, as £5 and £10 paper notes were removed from use on 2 March 2018. The deadline coincides with the Banks of England's deadline ...
The Bank withdrew paper £5 and £10 banknotes as legal tender in May 2017 and March 2018 respectively. It put the polymer £50 note into circulation on 23 June 2021, meaning the Bank's entire ...
Customers can exchange their paper notes free of charge, while non-customers can exchange notes from the issuing bank up to the amount of £250, provided they present valid photographic ID.
Scottish paper banknotes are actively being removed from circulation across the country, as Polymer notes become more widely used. The latest notes to be withdrawn from use are paper £20 and £50 ...