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National
Chiara Fiorillo & Sonia Sharma

Urgent bank notes warning issued with old £20 and £50 to expire today

Bank of England

If you have any old £20 and £50 paper banknotes, today is the last day you can spend them.

The old notes are being removed from circulation as the Bank of England is withdrawing their legal tender status after September 30. This means people will not be able to use them in shops from Saturday.

However, they will still be allowed to deposit any old notes at the Bank of England or into their accounts at a Post Office. Many banks should still allow customers to exchange old bank notes after they’re no longer legal tender.

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