Deadline to spend £20 and £50 paper bank notes running out
The Metro says TIME IS RUNNING out to spend the last remaining £20 and £50 paper banknotes.
There are just 100 days left until the old Bank of England notes no longer have legal status, so now’s the time to spend, spend, spend.
People are being encouraged to take them to their bank or a Post Office before September 30.
While the majority of paper £20 and £50 banknotes in circulation have been replaced with new polymer versions, there are still more than £6 billion-worth of paper £20 banknotes featuring economist Adam Smith, and over £8 billion-worth of paper £50 banknotes featuring entrepreneur Matthew Boulton and engineer James Watt, in circulation.
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