How long will the old 20 pound notes stay in circulation?

How long will the old 20 pound notes stay in circulation?

30 September 2022
Exchanging old notes 30 September 2022 is the last day you can use our paper £20 and £50 notes. After 30 September 2022, many banks will accept withdrawn notes as deposits from customers. The Post Office may also accept withdrawn notes as a deposit into any bank account you can access at the Post Office.

What can I do with out of circulation banknotes?

If you have a UK bank account, the simplest and quickest way to exchange your notes will normally be to deposit them with your bank. The Post Office Opens in a new window may also accept withdrawn notes as payment for goods and services, or as a deposit into any bank account you can access with them.

Is the old 20 still in circulation?

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.

Are paper 20 notes being withdrawn from circulation?

Paper £20 notes go out of circulation on Wednesday, September 30, 2022. Until then, you can still use the old £20 notes as they are accepted as legal tender. If you’re looking to exchange any old notes, The Bank of England website has further information. And, you can always exchange withdrawn notes with us.

Do any charities take old foreign coins?

If you have old or foreign coins try taking them to your local charity shop as many charities accept old and foreign coins to help raise valuable funds. You can also often donate foreign coins on your return flight from holiday.

Can you exchange old pound coins 2021?

If you’re looking to exchange old banknotes in return for useable money of equal value, your best bet is to send it directly to the Bank of England. The Bank of England will honour every banknote that has ever been issued by them, regardless of how long ago it ceased to be legal tender.

Which charities collect foreign coins?

Royal British Legion Industries

• Royal British Legion Industries.
• Marie Curie.
• RSPB.
• Cure Leukaemia.
• Dreams Come True.
• Tibetan Education and Relief Association.
• Sue Ryder.
• The Prince’s Trust.