Old £20 notes

Of course you can use the old £20 notes, they don't just become unuseable when the new ones come in.

I've used loads in the past few weeks and no one even notices.
 
Yeah, you're right - if they're the old series E Faraday ones (my memory isn't that good, but I suspect you're right), then try a local bank. Shops won't take 'em unless you're very lucky.
 
There becomes a date when old notes are no longer legal tender. The £20 note pictured is no loner legal tender which means shops do not have to accept them. Banks however will ALWAYS exchange old notes on behalf of the Bank of England.
 
laissez-faire said:
There becomes a date when old notes are no longer legal tender. The £20 note pictured is no loner legal tender which means shops do not have to accept them. Banks however will ALWAYS exchange old notes on behalf of the Bank of England.
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Correct. They are sent off every now and then from the Banks to cash centres and then off to the bank of england. Up until recently, old notes were actually burned ina furnace that provided heating to the Bank of England - what a rubbish job, shovelling that!!!:p
 
Any genuine bank note issued by the Bank of Engand will retain its value for all time, a note that has been withdrawn from circulation can be exchanged with the Bank of England.

Besides that, all the £20 notes with Elgar on them are still current, legal tender. There is a £20 note with Faraday on it, this looks very similar the the Elgar notes but is the one that was withdrawn in 2001.
 
malfunkshun said:
Any genuine bank note issued by the Bank of Engand will retain its value for all time, a note that has been withdrawn from circulation can be exchanged with the Bank of England.

Besides that, all the £20 notes with Elgar on them are still current, legal tender. There is a £20 note with Faraday on it, this looks very similar the the Elgar notes but is the one that was withdrawn in 2001.
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This is what the whole thread is about yet people are saying they are getting Faraday notes out of ATMS and still using them when they are not. :confused:
 
L0rdMike said:
This is what the whole thread is about yet people are saying they are getting Faraday notes out of ATMS and still using them when they are not. :confused:
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Odd, and I was mistaken, both the E series (Faraday and Elgar) were withdrawn at the same time.
The new note was only issued March 2007, they usually allow about 2 years before shops stop accepting them. Expect there to be an advertising campaign in the run up to their complete withdrawl
 
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you should still be able to use any old ones surely?

Since you can use all 3 of the Scottish bank notes and their older versions, and however many Northern Irish ones there are.

there's a difference between "legal tender" and banknotes which you can legally use.
 
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