when do new 20 pound notes start?
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The new £20 note. We first issued our polymer £20 note on 20 February 2020. It features the artist JMW Turner.
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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 The Post Office may also accept withdrawn notes as a deposit into any bank account you can access at the Post Office.
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Exchanging old notes 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.
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The notes are no longer legal tender, but can still be exchanged for current banknotes – that is, until May 1st 2020 when any unexchanged notes will become worthless. ... When the time limit is reached, the value of the outstanding notes will not be lost – it will be given to a national fund dealing with natural disasters.
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When is the new plastic £20 released? The new plastic £20 notes will come into circulation on February 20 (TODAY) and will eventually replace the current paper £20 notes we use.
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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. It replaced the cotton paper note featuring a portrait of economist Adam Smith, first issued in 2007.
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Share this page. The Bank of England has released the new £20 note into circulation today, 20 February 2020. The note's design features a self-portrait of painter JMW Turner and celebrates the contribution of the arts to British culture. According to the Bank, the new note will be its 'most secure banknote yet'.
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The Bank of Scotland has unveiled the design of its new polymer £20 note, which will enter circulation early next year. The front of the note will continue to feature the portrait of Scottish novelist and poet Sir Walter Scott alongside an image of The Mound in Edinburgh.
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Re: older £20 and £50 notes still valid? All Bank of England banknotes retain their value for all time, irrespective of when they were withdrawn from circulation. As per the links above, you don't have to visit the BoE in person to exchange them... you can also do it by post, including from overseas.
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There is a HOLOGRAM on the foil patch on the front of the £20, £50 and £100 notes. If you tilt the note you should see the image change between the Bank of Scotland logo and the numerical value of the note.
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The notes can be used until the end of 30 April. Retailers and some banks can refuse to accept the note after that date. ... The note went into circulation in November 2011. Anyone who has an old £50 note - which was first issued in April 1994 - can exchange it at any bank, or spend it, by the end of April.
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The next bank holiday this year falls on Monday, May 25, 2020. This is called the spring bank holiday. This year our remaining bank holidays fall on the following dates: August 31 - Summer bank holiday (Northern Ireland, England and Wales)
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['Monday 6th January 2020 - Friday 3rd April 2020.', 'Monday 20th April 2020 - Thursday 16th July 2020.', 'NB EASTER 2020:', 'SCHOOL TERM AND HOLIDAY DATES FOR 2020/2021.', 'Wednesday 2nd September – Friday 18th December.', 'Monday 4th January - Wednesday 31st March.', 'Monday 19th April - Friday 16th July.', 'NB Easter 2021: -']
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Paper £20 notes can continue to be used as normal for now, as an end date for their use is yet to be announced. ... The Bank of England says it will give six months' notice ahead of the notes being withdrawn as legal tender.
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On 20 February 2020 we issued a new polymer £20 note. ... We will announce the withdrawal date after we have issued our new polymer £20 note. We will give six months' notice of this withdrawal date. Many banks will accept withdrawn notes as deposits from customers.
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The old ten pound notes ceased to be legal tender on 1 March 2018. You can learn more about withdrawn banknotes here.
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The next bank holiday date to mark in your diary is May 27th, 2019. This is officially known as the Spring bank holiday, which is an annual occasion.