So there might be a few households that have not got round to spending their old paper scores. Made from the flexible plastic material polymer, at 139mm x 73mm the note is smaller than the old … Click here to use the simple new transition checker tool and instantly get a personalised lists of actions for you, your family, and your business. 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. 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. The best way to guarantee a swap is to head to the Bank of England itself. However, they are not legal tender in Scotland and Northern Ireland. NEW polymer £20 notes were issued on February 20, 2020, however, the old paper notes can still be used for now. When you subscribe we will use the information you provide to send you these newsletters. Sometimes they’ll include recommendations for other related newsletters or services we offer. All previous issues of Australian banknotes retain their legal tender status. Our. It was announced that there would be a co-circulatory period with the old series E notes, and then on 5 May 2017, the series E would cease to be legal tender. There are also some restrictions when using small coins. All existing polymer banknotes can continue to be used as both versions of the $5, $10, $20, $50 and $100 banknotes will be in circulation for a number of years. There are guaranteed changes that will require both businesses and individuals to plan ahead - regardless of the outcome of negotiations with the EU. The Bank said it will give six-months notice before the notes are no longer accepted as cash. A line on its website reads: “Don’t worry, you can still use the paper £20 note for now.” And there won’t be a rush to get out and hand your notes over to a shopkeeper any time soon. But if all that means you've not quite got round to spending any old, paper, £20 notes - there is some good news. Thank you. 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Iceland is offering shoppers a delicious and easy Christmas dinner option this year for a bargain price - but is it as tasty as cooking it from fresh? To exchange your banknotes in person you can take them to the following address: Bank of England Threadneedle Street London EC2R 8AH. Want us to send our biggest stories straight to your inbox? Your old £20 note is still a legal tender and will be accepted by all retailers - so, it's business as usual for now. Follow our complete guide to find your perfect fit, including top tips on how to measure, Best mulled wine for Christmas 2020 to get you in the festive spirit, Find a seat fireside and cosy up with a warming glass of delicious mulled wine, Britain's favourite chocolate bar named as Dairy Milk, Galaxy and more go head to head, Terry’s Chocolate Orange made its debut in the top 10 list ahead of Wispa, Crunchie and coconut-infused Bounty - but what iconic bar claimed the top spot? 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Britain's old-style 20 pound bank notes featuring composer Edward Elgar will cease to be legal tender on June 30, the Bank of England said Monday. Matching numbers, such as 123456 or 222222, might catch a collector’s eye and earn you a pretty penny. There are over two billion £20 notes in circulation. Since the Bank of England are yet to confirm when the old £20 notes expire, people will be given six months’ notice of its withdrawal. The Bank of England £20 note is a banknote of the pound sterling.It is the second-highest denomination of banknote issued by the Bank of England.The current polymer note, first issued on 20 February 2020, bears the image of Queen Elizabeth II on the obverse and the image of painter J. M. W. Turner on the reverse. That phrase "I promise to pay the bearer on demand" is something that doesn't have a time limit on it, the Bank told Mirror Money. The new £20 note | Read more E ven if a bank refuses to accept discontinued notes, there is one final option. That’s because the Bank of England has said that old £20 are still being considered legal tender. 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