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When did the old 20 go out of circulation?

Author

Charlotte Adams

Published Mar 10, 2026

When did the old 20 go out of circulation?

20 February 2020

Besides, how long is an old 20 note legal tender?

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. They will eventually stop being legal tender, but the Bank of England says it will give six months' notice before this.

Secondly, are old 20 notes still legal tender? The Bank of England has not yet announced the date the old £20 note will be withdrawn from circulation. However it will not be a sudden change, and old note holders will be given six months notice ahead of the chosen withdrawal date.

Thereof, are 20 notes going out of circulation?

The new polymer note will be issued for the first time on February 20, 2020, as the notes leave cash centres and enter general circulation. The old note will not be withdrawn from circulation for at least six months, with the Bank of England announcing the date once the new note has been issued.

Can I change old 20 notes at the bank?

Notes can be exchanged at the Bank itself, which is located on Threadneedle Street in the City of London. But beware that exchanges are only allowed during office hours, as the Bank is closed on evenings and weekends.

Where can I change old bank notes?

But old bank notes retain their value for all time, so while you can no longer spend them on the high street, you can return them to the Bank of England, or most major banks if you're a customer, and get a new polymer banknote in exchange.

Can you still use 50 pound notes?

The notes can be used until the end of 30 April. Retailers and some banks can refuse to accept the note after that date. The note went into circulation in November 2011. Anyone who has an old £50 note - which was first issued in April 1994 - can exchange it at any bank, or spend it, by the end of April.

Where can I exchange old pound notes?

Banks which will still accept old notes and coins for exchange at current are:
  • Royal Bank of Scotland (RBS)
  • NatWest.
  • Santander.
  • Barclays.
  • Lloyds Bank.
  • Halifax.
  • HSBC.
  • Nationwide Building Society.

How do you change old 50 notes?

If you have an old £50 note that is no longer in circulation, you can exchange it for a new one with the Bank of England. For those who live in London, you can exchange your old notes with the cashier in person at Threadneedle Street.

Is there an 100 pound note?

100 British Pounds banknote (white note)
They are part of the withdrawn Bank of England white notes series. The Bank of England started issuing these 100 British Pound banknotes in 1725. They were withdrawn from circulation in 1945. The words 'Bank of England' are printed on the £100 currency note.

How do I make the new 20 note move?

Here's how to do it:
Press and hold on the Snapcode to unlock the AR Lens. Once unlocked, hover over the new £20 and watch as it transforms. You'll need your volume on for the sound effects.

What is the hologram on the new 20 note?

The new £20 banknote featuring artist JMW Turner is now in circulation - and has been described by the Bank of England as its most secure note yet.

What is the tower on the new 20 note?

"The new £20 does look as it appears in these pictures and videos, but the '5G tower with signals' is actually a representation of the Margate lighthouse and the jagged edges above it represent Margate's Turner Contemporary art gallery."
Clydesdale Bank 20 Pounds banknote
The Clydesdale Bank started issuing these 20 Scottish Pound banknotes in 2009. They are currently still in circulation. The purple colored note of twenty pounds sterling features Robert the Bruce, King of the Scots.

Do banks still take old 10 notes?

While the paper £5 and £10 notes are no longer legal tender, they will always be accepted by the Bank of England. People can take or post any old notes to the bank in Threadneedle Street, in the City of London, to be exchanged for a new-style polymer one. Banknotes can also be exchanged by post."

When did the new 20 pound note come out?

The new polymer note will be issued for the first time on February 20, 2020, as the notes leave cash centres and enter general circulation. The old note will not be withdrawn from circulation for at least six months, with the Bank of England announcing the date once the new note has been issued.

When did the new 50 note come out?

The new £50 note will be brought into circulation in 2021; It will be the last of the Bank of England's notes to switch from paper to polymer.

Can I exchange old 500 notes now 2019?

New Delhi: Banned 500 and 1,000 rupee notes will continue to be exchanged for new currency at RBI counters even after the facility was withdrawn from all banks. The RBI said the facility of exchanging demonetised currency notes "is no longer available at other banks' counters.

Who is on the new 50 pound note?

The current cotton note, first issued in 2011, bears the image of Queen Elizabeth II on the obverse and the images of engineer and scientist James Watt and industrialist and entrepreneur Matthew Boulton on the reverse. The next £50 note, to be printed in polymer, will enter circulation in 2021.

Are old 20 euros still valid?

It will use innovative banknote technology — a window with a portrait in the hologram. 'With the issue of the new banknote, the old one, i.e. the current 20 euro banknote, will not cease to be legal tender, and both banknotes will be in circulation.

Is the 20 note changing?

The new £20 note. Our new polymer £20 note is coming on 20 February 2020. It features the artist JMW Turner.

What are old notes worth?

Are old money notes worth more than their actual value?
Old Money NotesActual ValueListed Value
Full set of Singapore Orchid Series, issued from 1967-1976 ($25, $50, $100, $500, $1,000)$1,675$2,900
Full set of Singapore Bird Series, issued from 1976- 1984 ($1, $5, $10, $20, $50)$86$168

Can I take my old ten pound notes to the bank?

While the paper £5 and £10 notes are no longer legal tender, they will always be accepted by the Bank of England. People can take or post any old notes to the bank in Threadneedle Street, in the City of London, to be exchanged for a new-style polymer one. Banknotes can also be exchanged by post."

Are Old euros still valid?

The old banknotes are still valid, so you can keep using them – or exchange them for new notes at any Eurosystem national central bank. You can also exchange old notes back into sterling at a Post Office.

Can you still use old 20 euro notes?

Yes. The old Euro banknotes from the First Series remain legal tender. They have the same value as the equivalent banknotes of the Second Series of Euro banknotes. Both types of banknotes circulate alongside each other in the Eurozone.

Will the bank exchange old 20 pound notes?

Exchanging old notes
On 20 February 2020 we issued a new polymer £20 note. 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.

What can I do with old 20 notes?

The best way to get rid of the paper banknote is simply to spend it in a shop, or deposit it at a local bank or building society. Shops will stop accepting notes from the day they're officially withdrawn by the Bank of England, whereas banks will typically allow you to deposit old notes for a while after the date.
Paper £10 notes were withdrawn as a legal tender in March 2018 and paper £5 notes were scrapped way back in May 2017. These paper notes are no longer legal tender, meaning they can't be used to pay in shops, but the good news is you can still deposit them or exchange them for cash.

How do I get new bank notes?

Get New Currency Note By Sending one Simple SMS
  1. Write ID card number In a Message.
  2. <space> and now write the ID number of the selected bank branch.
  3. Once you send the SMS, you will get an SMS containing redemption code, e-branch address and the code validity period.

How do you change old currency?

Exchanging old notes
You need not visit the branch of the bank where you have an account in. If you want to exchange up to Rs 4,000 in cash, you can simply go to any bank with a valid ID proof. This limit of Rs 4,000 for exchanging old notes will be reviewed after 15 days.

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