Yes, you are still be … However, it is expected to be 2020. A Facebook post warning people about the circulation of an alleged fake £20 notes has gone viral. It includes the New Zealand dollar (NZ$) series, which began circulation on 10 July 1967, and L.S.D. The £10 and £20 notes are being issued from Danske Bank and will gradually replace the existing Northern Bank notes. First £20 note to carry portrait of monarch and to use threaded paper. Paper £5 notes featuring Elizabeth Fry were withdrawn almost a year earlier in May 2017. In February 2020, the new plastic polymer £20 notes were issued by the Bank of England. We do know it will be made from polymer - the same material used to make the £5 - which came into circulation in September last year. The old £10 note will be withdrawn from circulation on March 1, 2018 and they can continue to be used up until this point. When do old £10 notes go out of circulation? What happens after the deadline? Even after then you can still exchange them for new £20 notes. The Bank of England said it would always exchange its old notes. Much like when new notes have been created in the past, there was quickly a scramble to find out when the old ones expire because once they're out of circulation, you can't use them anymore. From 23rd June 2013, Danske Bank branded £10 and £20 bank notes went into circulation in Northern Ireland. ... old banknotes and obsolete currencies to cash, quickly and easily. There are approximately 1.5 billion £20 notes in circulation, of which an estimated 150 million are Elgar notes. Polymer £20 notes entered circulation in February, replacing the old paper ones. All existing paper Bank of Scotland £20 notes will now be gradually withdrawn, but any in circulation will continue to be accepted at shops, banks and cash payment machines. Like the £10 polymer note, the £20 notes have the 'tactile emboss' feature to aid the visually impaired. The date when its legal tender status ends will then be announced, as is usual practice. When the Series E Revised £20 was issued on 22nd June 1999, the old Series E note wasn't withdrawn until 28th February 2001. Polymer £50 notes are expected to follow the £20 notes in 2021. The note went into circulation in November 2011. The £10 took slightly less time to be withdrawn, as it was issued mid-September 2017 and withdrawn at the beginning of March the following year. On 27 February 2019 we introduced our polymer £10 bank note followed by our polymer £20 bank note on 20th July 2020. If you still have any hanging around, these are the ways you can turn them into money you can actually spend. You can unsubscribe at any time. There is just one week until all Northern Ireland paper £5 and £10 banknotes are withdrawn from circulation. The new plastic £10 notes featuring an image of Jane Austen went into circulation on 14 September, and like the new £5 note, they are made using polymer.The notes … The £10 note is the latest to be replaced and will officially go out of circulation on Thursday March 1st. (Image: European Central Bank) New €100 and €200 notes enter circulation this week, completing the Europa series of notes. The new polymer banknotes will retain the familiar and iconic image of The […] New bank notes have been released into circulation in Northern Ireland. There are also plans for a new £20 note in 2020. When will the old ones go out of circulation? Please refer to the documents listed below for more information. Bank notes in the hands of the public - F3 This data includes all bank notes currently in circulation. The Bank plans to release a new £20 note by 2021, featuring British painter JMW Turner. Take them to your bank Bank of Ireland UK to release new polymer £20 note 6 July 2020 Bank of Ireland UK has announced its new polymer £20 banknote will go into circulation from 20th July 2020. Will I still be able to use my old notes? A new polymer £20 note entered circulation in February, replacing the old paper editions. This means that once the deadline passes, you will no … William Shakespeare portrayed on the reverse. What will happen to the old tenners after that date? As with all Bank of England notes, they can always be exchanged for their face value at the Bank in London. It will be smaller than the current £10 note but larger than the new fiver. New £20 note: what to do with your old banknotes, and latest on when they will go out of circulation There will be at least six months’ notice before the … The new £20 note will retain the iconic image of The Old Bushmills Distillery, in County Antrim, the world’s oldest licensed whiskey distillery. This was followed by an announcement in April 2016 that Adam Smith will be replaced by artist J. M. W. Turner on the next £20 note, which entered circulation on 20 February 2020. Withdrawn Bank of Scotland notes are no longer a valid means of payment in Scotland or anywhere else in the UK. New banknotes have been phased in since 2013. ... new £20 note designs ‘for the craic’ ... to accept old paper based notes … The £20 banknote contains the words ‘Bank of Scotland’. notes (the currency that was in circulation prior to 10 July 1967) that remain in the hands of the public. The polymer £20 banknote will follow in 2020. Can I still use the old paper £20 note? I have £3,500 in £20 notes with Elgar's face on that will not be legal tender beyond the end of June. What happens when the old £10 goes out of circulation? The Bank of England have not yet confirmed when the old, cotton £20 will be phased out. In a few months' time, we will be mourning the old-style fivers. The new-style £20 notes will circulate alongside the old-style Elgar note which will be progressively withdrawn from circulation. However, we give cash for these withdrawn Bank of Scotland banknotes free of charge. The design of the notes remains the same, the only difference is the Danske Bank logo has replaced the Northern Bank logo. When the time comes, the only £5 notes available will be the new polymer prints, and it won't be long before the paper £10 and £20 notes follow suit. What happens to your old bank notes and coins when they go out of circulation? New Bank of Ireland polymer bank notes go into circulation from today 27 February, 2019 Today, Bank of Ireland UK launch their new £5 and £10 polymer bank notes into circulation in Northern Ireland. Paper £10 notes – which feature a portrait of Charles Darwin – went out of circulation in March 2018. Find out more: the Alan Turing £50 note – what you need to know; Where do plastic £20 notes end up? We don't have long left to say goodbye to the paper £5 note. That means - at the time of writing - you have until at least April 2021 to spend them in shops. £20 Series D (pictorial series) Date first issued: 9 July 1970 Date ceased to be legal tender: 19 March 1993 Colour: Predominantly purple Size: 6 5/16" x 3 9/16" (160mm x 90mm) Design: Harry Eccleston. Old paper £10 notes will go out of circulation by the end of today, after which they will cease to be legal tender in shops. The note features the British artist JMW Turner and one of his most famous paintings, The Fighting Temeraire. 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. Our bank notes. "It is time now to withdraw the Elgar £20 notes completely, with the Adam Smith £20 banknotes to be the only £20 note design continuing in circulation." The old paper £20 notes bearing the image of economist Adam Smith are being taken out of circulation, so notes returned to banks or … 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. £10 notes as we know them will disappear in summer this year and twenties will be … Anyone who has an old £50 note - which was first issued in April 1994 - can exchange it … The £20 notes will be the third polymer notes to enter circulation, following polymer £5 notes in 2016 and polymer £10 notes in 2017. The new notes entered circulation a week after their English counterparts, on Thursday 27 February. They will eventually stop being legal tender, but the Bank of England says it will give six months' notice before this. I have asked the bank about changing the notes for … Being issued from Danske Bank logo has replaced the Northern Bank notes have been into. 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