> #banknote , #exchange , #20-pound > When do the old £20 go out of circulation?
Anonymous
Jul 17

When do the old £20 go out of circulation?

Have you heared when the old £20 go out of circulation? I have a bunch of old £20s and want to know until when can I use them. After the £20 expire how to get rid of them if I find some left? Do the banks exchange them for new banknotes? Until when can I take the expired money to the banks and which bank exchanges the old notes to new ones?

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Anonymous
Jul 17

The Bank of England website says: "You will still be able to use the paper £20 note until we withdraw it from circulation. We will announce the withdrawal date after we have issued our new polymer £20 note. We will give six months’ notice of this withdrawal date."

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Anonymous
Jul 17

It's the safest banknote of all time in the history of the British numismatic history.

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Anonymous
Jul 17

Each and every bank should exchange your old £20 banknotes to the new polymer 20s notes. As for me 6 months notice from the Bank of England seems fair enough to spend them all.

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