can i change old £20 notes at the bank

When do the old £20 notes expire? 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. What happens to the old paper £20 notes? Although it's a bit out of the way from most tourist attractions the Bank of England Museum is free and well worth a visit, and as you can exchange your old bank notes at the Bank it'll be even better than free! How to change old notes. Withdrawn Bank of Scotland notes are no longer a valid means of payment in Scotland or anywhere else in the UK. Even though the new polymer £20 are also now available and can be withdrawn from cash machines, the old, paper £20 notes can still be used alongside the new ones for the time being. 22 February 2020 at 12:00PM. The £20 banknote contains the words ‘Bank of Scotland’. Some banks may allow you to deposit old notes directly into your account. Assuming you have a bank account, pay in the old £20 notes and withdraw the same amount of new ones. However, we give cash for these withdrawn Bank of Scotland banknotes free of charge. You seem to be creating a problem where there really is none, unless the source of the current notes is dubious. Charles Darwin £10s were withdrawn at the start of last month and Eliz Fry £5 went last year. ... old banknotes and obsolete currencies to cash, quickly and easily. The Bank will give six months’ notice before it withdraws the old notes. I bought a recent "limited edition" note (which whilst it is "legal tender" the bank never put them into general circulation) and even though it is only a 1 month olf £20 a USA shop offered £150 (I paid £20 and £2.50 p&p) Any claims of $1000 or more will need to be discussed with a … Adam Smith £10 and Boulton/Watt £20s are still valid. Both the old £10 note and the old £5 note are no longer in circulation, but if you still have some, there are a number of options. Oldbiggles Forumite. The polymer notes replace the old paper twenties, which have been in circulation since 2007 and feature economist Adam Smith – though you'll still be able to use the paper £20 notes in the months to come. That’s because the Bank of England has said that old £20 notes are still being considered legal tender. The Reserve Bank does not accept foreign currency. 5. Claims must be paid into a bank account. The Bank of England has not yet announced the date the old £20 note will be withdrawn from circulation. Even though the new notes have entered circulation, you can still spend your old notes. Currency returns may take 10-20 working days to process. The Bank of England hasn’t yet set a date to withdraw legal tender status from paper £20 notes, as it did with the paper £5 and £10 notes. 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