I know that my left-over £5 and £10 notes (from my visit in 2012) are no longer valid and I will donate them to either charities or free museums. The Post Office may also accept withdrawn notes as payment for goods and services, or as a deposit into any bank account you can access at the Post Office. As of today, retailers and banks no longer have to accept them as legal tender. I had the same problem this week, someone at a boot sale gave me an old £20 note and I didn't realise until I tried to spend it in tesco's. She gave my oldest daughter a £10 Jersey bank note last week that has the queens head on it,but because it does not say Sterling,the bank said they can't accept it. We will announce the withdrawal date after we have issued our new polymer £50 note. 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of Scotland and Ulster banknotes (as with all Scottish and Northern Irish banknotes) remain legal currency, will not be withdrawn from circulation in the same way as the Bank of England notes, and have no end date for acceptance. Shoppers with an old-style £50 note featuring the image of Sir John Houblon need to spend it or deposit it by the end of April. Anyway took it to the Halifax and payed it … Elgar £20 note no longer legal tender . Advertisement. ManchesterEveningNews Follow @ MENNewsdesk RBS/NatWest has said it will continue to accept old £10 notes from its own customers after March 1. Old-style paper £10 and £20 notes are easily forgotten in the pockets of clothing and end up getting ruined when washed. Here’s what you need to know. Thanks There … Here's what's happening and what you can do if you miss the deadline. 1. Have a look in your wallet: any £20 notes with the image of Edward Elgar on them will not be legal tender after June 30 this year. We exchange these modern Ulster Bank Limited notes free of charge. Many banks will accept withdrawn notes as deposits from customers. The bank will simply take in your old notes and issue new ones. The daughters gran was in Jersey last year & she forgot she had money left over. They will eventually stop being legal tender, but the Bank of England says it will give six months' notice before this. In total that means we’ve got almost 250 million notes worth £1.84bn that legally shops don’t have to accept when you try to use them. Read More Related Articles. Since then, around 20 million £10 notes and four million £5 notes have been cashed in. The old £10 note has been phased out. Method 4 of 4: Using Other Approaches to Changing Currency. Why can't I just change the old notes for new ones? You can exchange old Bank of England £5, £10, £20 and £50 notes which have been withdrawn from circulation in person or by post. Find a third-party dealer or currency exchange service. Just wondering if the bank of england will extend the 6 months on spending/getting shot of the old £20 notes as you cant go out and spend them?? Or you may even have a rare note that could be worth more than face value. How to exchange paper £10 notes Back to … But if you discover any old notes, don’t throw them out, as you can still cash them in. We also give you cash for withdrawn Ulster Bank Limited bank notes. We revealed last September that there was around £1.8 billion in old paper £5 and £10 notes which had yet to be returned. Exchanging old notes. There are over two billion £20 notes in circulation – but don't worry, you can carry on spending your paper twenties as normal for the time being. The old notes to look out for. Third party money changers can often handle notes … The Bank of England currently hasn’t said when old £20 notes will expire - this means that you can still use old £20 notes if you have any. D.M., Middlesex . If you've still got any old £10 notes, beware – you only have until Thursday 1 March to spend them before they're officially withdrawn by the Bank of England. As it's been their first visit in absolutely ages (read years) they unknowingly brought back some old 20 and 50 pound notes (the previous model of what we have now) which they wanted to use here. You will be able to use the paper £50 note until we withdraw it from circulation. The Bank of England says: "We will replace it with a new polymer £20 note on February 20, 2020. How to exchange old £10 notes after Bank of England deadline. 18,045, as amended, with the Comisión para el Mercado Financiero de … deposit cash - up to 50 notes at a time; deposit cheques - up to 30 at a time; change your PIN; transfer money between your Santander accounts; pay bills and people if you've set them up previously. The Ulster Bank notes circulating today were issued from 1989. Santander - It does not intend to swap the old series notes, however its customers will be able to deposit the notes into their accounts. They are legal tender in Northern Ireland, but not in the rest of the United Kingdom or the Republic of Ireland. These services are available to Santander UK customers. Went to pay at the bar, got told it was an old style 20 and could not be accepted. This will be the final denomination to get the plastic makeover, after the paper £10 note was withdrawn earlier in March, and the £5 was replaced in May 2017.. It’s previously been announced that paper £20 notes will be replaced in 2020. It will accept old fivers after May 5 and take them out of circulation when they come into its possession. Now to my question about older £ notes. "You will be able to use the current £20 note until we withdraw it from circulation. Can i exchange this for a newer one at a bank or anywhere else? 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