Who is on the new 50 pound note?
scientist Alan TuringGovernor Andrew Bailey unveils the design of the new £50 banknote featuring the scientist Alan Turing..
Who is on the 10 pound note 2020?
Jane AustenThe new plastic £10 note has been unveiled by Bank of England governor Mark Carney at Winchester Cathedral. The note, which follows the polymer £5, will be issued on 14 September and has a portrait of Jane Austen on the 200th anniversary of the author’s death.
Can you still use old 20 Notes 2020?
On 20 February 2020 we issued a new polymer £20 note. You will still be able to use the paper £20 note until we withdraw it from circulation. … The Post Office may also accept withdrawn notes as a deposit into any bank account you can access at the Post Office. And, you can always exchange withdrawn notes with us.
How do I get rid of my old 20 pound notes?
The easiest way to get rid of the paper notes is to spend it in a shop or to deposit it at a local bank or building society. Shops will stop accepting notes from the day they officially are withdrawn by the Bank of England. However, banks usually allow customers to deposit old notes for some time after that date.
Can shops refuse 50 notes?
The quick answer is yes, they can refuse to accept the notes. … “In England and Wales, legal tender is Royal Mint coins and Bank of England notes.” “In Scotland and Northern Ireland only Royal Mint coins are legal tender.” “Throughout the UK, there are some restrictions when using the lower value coins as legal tender.”
Who is on the new 20 pound note 2020?
JMW TurnerWe first issued our polymer £20 note on 20 February 2020. It features the artist JMW Turner.
How long can I use old 20 pound notes?
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. That means, even if they announce it tomorrow, you’ll still be able to use the old notes up until at least August 2021.
Is there a new 50 pound note?
Our new polymer £50 note is coming on 23 June 2021. It features the mathematician Alan Turing.
Is the 50 note changing?
A polymer £50 is set to enter circulation in 2021. The new note will replace the current paper ones. The re-design is the last in a line of transformations made by the Bank of England.
Are paper 50 pounds still legal?
We will issue our new polymer £50 note featuring Alan Turing on 23 June 2021. You will be able to use the paper £50 note until we withdraw it from circulation. We will announce the withdrawal date after we have issued our new polymer £50 note. Many banks will accept withdrawn notes as deposits from customers.
Are 100 notes still in circulation?
Though strictly not legal tender in Scotland, Scottish banknotes are nevertheless legal currency and are generally accepted throughout the United Kingdom. … The £100 note is currently the largest denomination of banknote issued by The Royal Bank of Scotland. The current Ilay series of banknotes was first issued in 1987.
What is the highest pound note?
The Bank of England £100,000,000 note, also referred to as Titan, is a non-circulating Bank of England banknote of the pound sterling used to back the value of Scottish and Northern Irish banknotes. It is the highest denomination of banknote printed by the Bank of England.