Are Scottish paper 20 notes still legal tender?
The Bank of England will be withdrawing legal tender status of the paper £20 and £50 notes after 30 September 2022, and we are encouraging anyone who has these at home to spend or deposit them at their bank or Post Office. … After 30 September 2022, the new polymer notes will be the only ones with legal tender status.
Can you still use old 20 notes 2021?
Are old £20 notes still legal tender? Yes, old £20 notes ares still legal tender. And you can continue to use these paper notes to make purchases at the moment. The old £20 notes will stay valid until the September 2022 expiry date given by the Bank of England.
Are Scottish bank notes still paper?
All Royal Bank of Scotland and Ulster banknotes (as with all Scottish and Northern Irish banknotes) remain legal currency, will not be withdrawn from circulation in the same way as the Bank of England notes, and have no end date for acceptance.
Can shops refuse old 20 notes?
The Bank of England has announced that the old notes will go out of circulation on 30 September 2022. This mean you will not be able to use the notes in shops, but you will be able to exchange them for new notes. Some banks and the Post Office may also accept them if you wish to deposit them into your bank account.
Which Scottish 20 notes are out of circulation?
The Bank of England are set to withdraw the legal tender status of the paper £20 and £50 notes after September 30 2022. After September 30 2022, people with a UK bank account will still be able to deposit the paper notes into their account.
Are paper 20 notes still legal?
The Bank of England will withdraw the legal tender status of the paper £20 and £50 notes after September 30 2022, and it is encouraging anyone who has them at home to spend or deposit them at their bank or Post Office. … The Bank of England will continue to exchange all the paper notes.
What can I do with old 20 notes?
Anyone who misses the date for spending or depositing the old paper £20 note won’t lose out. Even after the old £20 notes have been withdrawn from circulation, the Post Office will accept withdrawn notes as a deposit into any bank account. And you can always exchange withdrawn notes directly with the Bank of England.
Are old 5notes still valid?
The old paper £5 note – which was replaced by a new polymer version on September 13, 2016 – stopped being legal tender on May 5, 2017. As for the old £10 note – of which a new polymer version came out on September 14, 2017 – the cut-off date for using this was March 1, 2018.