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Paper £50 & £20 notes are being replaced by the new polymer series

The Bank of England will withdraw legal tender status of the paper £20 and £50 notes after 30 September 2022.

If you have any paper £20 or £50 notes, you are encouraged to use them or deposit them with your bank or Post Office before 30 September 2022.

As paper notes are returned to the Bank of England, they are being replaced with the new polymer £20 notes featuring JMW Turner, and polymer £50 notes featuring Alan Turing.

After 30 September, only the polymer notes will have legal tender status.

Once the 30 September 2022 deadline has passed, you will no longer be able to use Bank of England paper notes in shops, or use them to pay businesses.

After this date, many UK banks will accept withdrawn notes as deposits from customers. Some Post Offices may also accept withdrawn notes as a deposit into any bank account you can access with them.

The Bank of England will always exchange any withdrawn notes, including paper notes that have been withdrawn in the past.


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