Supermarket Christmas shopping rules at Asda, Tesco and Sainsbury’s explained, Coca-Cola is giving away free personalised cans of Coke for Christmas, Debenhams launches a closing down sale with up to 80% off in stores and online, ©News Group Newspapers Limited in England No. The rollout of the Second Series of Euro banknotes was completed in May 2019. We also exchange for free current Bank of Scotland banknotes . We give cash for … You can use your local Post Office to deposit the old tenners into your bank account too. In some countries (e.g. The new polymer £20 banknote will be issued in 2020, with the portrait of J.M.W Turner printed on it. 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. A new series of £5, £10 and £20 notes was issued in May 2008, all featuring an illustration of the Old Bushmills Distillery, and these notes will gradually replace the previous series.. I have looked it up and notice they did change the design of the note in 2015. Legal Tender Deadlines. You will need to be an account holder with the bank for them to exchange the note. Banknotes All banknotes issued after 1945 are still legal tender and can be exchanged for new banknotes. For other inquiries, Contact Us. I have just exchanged my English Money £200. Figures from the Bank of England suggest there’s still £2.2 billion of old paper £10 notes in circulation. Figures from the Bank of England suggest there’s still £2.2 billion of old paper £10 notes in circulation. If you find an old tenner in your wallet after that date, you won’t be out of pocket. Reminder: Effective January 1, 2021, the Government will remove legal tender designation from certain bank notes that are no longer being produced—the $1, $2, $25, $500 and $1,000 notes—the final step to fully removing them as transactional notes in Canada. The banknotes are printed with tactile, raised print and smooth holograms on the £10, £20 and £50 banknotes. And a few shops ignored the deadline and decided to continue accepting the old tenners for a little bit longer. Exclusive figures from the Royal Mint for YourMoney.com reveal £131m worth of old pound coins have yet to be returned to the Royal Mint. The 25-øre coin ceased to be legal tender on 1 October 2008. Exclusive figures from the Royal Mint for YourMoney.com reveal £131m worth of old pound coins have yet to be returned to the Royal Mint. As of today, retailers and banks no longer have to accept them as legal tender. Are the old Euro banknotes still valid, and how can you exchange them? The new polymer currency was released into circulation on September 14, 2017,  and features author Jane Austen. That means there are … But, from midnight on 1 March 2018, these old paper notes will stop being legal tender. New $5, $10, $20, $50 and $100 banknotes are now in circulation. 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. Even though the new polymer £20 are also now available and can be withdrawn from cash machines, the old, paper £20 notes can still … Yes, you can still use the old £20 notes as they are accepted as legal tender. The new 12-sided coin phased out the old round one. image caption The old £10 note has gone the way of the old pound coin. Currency which has ceased to be legal tender (with the date withdrawn from circulation) includes: for Euros. The old Euro banknotes from the First Series remain legal tender. The new £5 note, featuring Sir Winston Churchill, entered circulation on 13 September 2016, while the new £10 note featuring Jane Austen became legal tender on 14 September 2017. The old £5 note stopped being legal tender on Friday May 5, 2017 Credit: EBay What happens if you still have old £5 notes and how do you exchange them? Spend your old £5 notes today while they are still legal tender. To inquire about a licence to reproduce material, visit our Syndication site. After the deadline, people can exchange old paper notes by posting them or delivering them in person to the Bank of England in central London. In 2009, the Glasgow-based Clydesdale Bank replaced older style Scottish Pound Sterling banknotes with a new set of notes, called the World Heritage Series. Production of the new £10 note began last August. All Australian banknotes that have previously been issued into circulation by the Reserve Bank remain legal tender and can continue to be used. A description for each Series is provided. Independent Press Standards Organisation (IPSO). spend and save them). The old five pound note ceased to be legal tender on 5 May 2017. The UK introduced a brand new plastic £20 note back in February which followed in the footsteps of upgrades made to the £5 and £10 notes. The bank said it would accept the old notes indefinitely. A new polymer £20 banknote, featuring artist JMW Turner, is due to be issued in 2020. Here is everything you need to know about the new £10 notes and what to … Learn about legal tender bank notes, what removing legal tender status means and which bank notes are affected. Using Previous Issues of Polymer Banknotes. The new ten pounds notes are plastic and more durable and are pushing the old grubby paper £10 out of the market. People may also be able to exchange the old note at a local bank or post office but there is no obligation to accept them after the deadline. It is up to retailers themselves whether they are willing to accept old banknotes and coins. This currency was bought from Sainsburys. In recent years, the UK’s seen new pound coins, £5 notes and £10 notes, with further changes to come. Now, the old-style £10 notes are no longer legal tender. 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