This means that once the deadline passes, you will no … From 23rd June 2013, Danske Bank branded £10 and £20 bank notes went into circulation in Northern Ireland. Will I still be able to use my old notes? It includes the New Zealand dollar (NZ$) series, which began circulation on 10 July 1967, and L.S.D. New banknotes have been phased in since 2013. ... new £20 note designs ‘for the craic’ ... to accept old paper based notes … The new £20 note will retain the iconic image of The Old Bushmills Distillery, in County Antrim, the world’s oldest licensed whiskey distillery. Paper £10 notes – which feature a portrait of Charles Darwin – went out of circulation in March 2018. Take them to your bank The note went into circulation in November 2011. Polymer £50 notes are expected to follow the £20 notes in 2021. The old paper £20 notes bearing the image of economist Adam Smith are being taken out of circulation, so notes returned to banks or … Polymer £20 notes entered circulation in February, replacing the old paper ones. First £20 note to carry portrait of monarch and to use threaded paper. The date when its legal tender status ends will then be announced, as is usual practice. "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." There are approximately 1.5 billion £20 notes in circulation, of which an estimated 150 million are Elgar notes. What happens when the old £10 goes out of circulation? 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. They will eventually stop being legal tender, but the Bank of England says it will give six months' notice before this. notes (the currency that was in circulation prior to 10 July 1967) that remain in the hands of the public. Withdrawn Bank of Scotland notes are no longer a valid means of payment in Scotland or anywhere else in the UK. The new notes entered circulation a week after their English counterparts, on Thursday 27 February. The Bank plans to release a new £20 note by 2021, featuring British painter JMW Turner. On 27 February 2019 we introduced our polymer £10 bank note followed by our polymer £20 bank note on 20th July 2020. ... old banknotes and obsolete currencies to cash, quickly and easily. There are also plans for a new £20 note in 2020. Even after then you can still exchange them for new £20 notes. 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. Our bank notes. However, it is expected to be 2020. The £20 banknote contains the words ‘Bank of Scotland’. The note features the British artist JMW Turner and one of his most famous paintings, The Fighting Temeraire. I have £3,500 in £20 notes with Elgar's face on that will not be legal tender beyond the end of June. The Bank of England have not yet confirmed when the old, cotton £20 will be phased out. 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. William Shakespeare portrayed on the reverse. 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 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. Paper £5 notes featuring Elizabeth Fry were withdrawn almost a year earlier in May 2017. 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. It will be smaller than the current £10 note but larger than the new fiver. 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 Bank of England said it would always exchange its old notes. The £10 and £20 notes are being issued from Danske Bank and will gradually replace the existing Northern Bank notes. What will happen to the old tenners after that date? What happens after the deadline? 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 … 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 … However, we give cash for these withdrawn Bank of Scotland banknotes free of charge. £10 notes as we know them will disappear in summer this year and twenties will be … 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. Yes, you are still be … The design of the notes remains the same, the only difference is the Danske Bank logo has replaced the Northern Bank logo. Please refer to the documents listed below for more information. 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. Can I still use the old paper £20 note? When do old £10 notes go out of circulation? A new polymer £20 note entered circulation in February, replacing the old paper editions. When the Series E Revised £20 was issued on 22nd June 1999, the old Series E note wasn't withdrawn until 28th February 2001. That means - at the time of writing - you have until at least April 2021 to spend them in shops. We don't have long left to say goodbye to the paper £5 note. The £10 note is the latest to be replaced and will officially go out of circulation on Thursday March 1st. Like the £10 polymer note, the £20 notes have the 'tactile emboss' feature to aid the visually impaired. In February 2020, the new plastic polymer £20 notes were issued by the Bank of England. 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. The new-style £20 notes will circulate alongside the old-style Elgar note which will be progressively withdrawn from 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. The polymer £20 banknote will follow in 2020. The old £10 note will be withdrawn from circulation on March 1, 2018 and they can continue to be used up until this point. New bank notes have been released into circulation in Northern Ireland. I have asked the bank about changing the notes for … There is just one week until all Northern Ireland paper £5 and £10 banknotes are withdrawn from circulation. 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