If you still have any hanging around, these are the ways you can turn them into money you can actually spend. The note features the British artist JMW Turner and one of his most famous paintings, The Fighting Temeraire. As with all Bank of England notes, they can always be exchanged for their face value at the Bank in London. Our bank notes. Polymer £20 notes entered circulation in February, replacing the old paper ones. 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. We don't have long left to say goodbye to the paper £5 note. 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. £10 notes as we know them will disappear in summer this year and twenties will be … In a few months' time, we will be mourning the old-style fivers. First £20 note to carry portrait of monarch and to use threaded paper. That means - at the time of writing - you have until at least April 2021 to spend them in shops. The £20 notes will be the third polymer notes to enter circulation, following polymer £5 notes in 2016 and polymer £10 notes in 2017. ... old banknotes and obsolete currencies to cash, quickly and easily. Even after then you can still exchange them for new £20 notes. Anyone who has an old £50 note - which was first issued in April 1994 - can exchange it … The Bank of England have not yet confirmed when the old, cotton £20 will be phased out. I have asked the bank about changing the notes for … The new polymer banknotes will retain the familiar and iconic image of The […] 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. New banknotes have been phased in since 2013. The Bank plans to release a new £20 note by 2021, featuring British painter JMW Turner. The £10 and £20 notes are being issued from Danske Bank and will gradually replace the existing Northern Bank notes. There are approximately 1.5 billion £20 notes in circulation, of which an estimated 150 million are Elgar notes. You can unsubscribe at any time. When the Series E Revised £20 was issued on 22nd June 1999, the old Series E note wasn't withdrawn until 28th February 2001. When do old £10 notes go out of circulation? The polymer £20 banknote will follow in 2020. I have £3,500 in £20 notes with Elgar's face on that will not be legal tender beyond the end of June. The design of the notes remains the same, the only difference is the Danske Bank logo has replaced the Northern Bank logo. £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. 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 … What happens to your old bank notes and coins when they go out of circulation? There are also plans for a new £20 note in 2020. The date when its legal tender status ends will then be announced, as is usual practice. The old £10 note will be withdrawn from circulation on March 1, 2018 and they can continue to be used up until this point. "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." William Shakespeare portrayed on the reverse. What will happen to the old tenners after that date? New bank notes have been released into circulation in Northern Ireland. Bank notes in the hands of the public - F3 This data includes all bank notes currently in circulation. 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