Old £10 notes expiring

Date published: 13 February 2018

The last day to use your paper £10 notes is 1 March 2018.

After this date you can exchange them at the Bank of England in person or by post.

Some retailers, banks and building societies may still accept these notes; however, this is at their own discretion.

The new polymer £10 note is 15% smaller than its paper equivalent and features Jane Austen.

The note was issued in 2017 which coincides with the 200th anniversary of Jane Austen’s death. She is buried at Winchester Cathedral, which appears on the new £10 note.

The old paper £5 notes stopped being accepted in May last year, that does not mean your old £5 notes have become completely obsolete, as you may be able to able to exchange them at post offices or local banks.

“All Bank of England notes retain their face value for all time,” says Bank of England.

The old £1 coins were also withdrawn from circulation in October last year and were replaced the new 12-sided gold and silver coin.

JMW Turner will appear on the next £20 banknote due to be issued by 2020, the Bank of England have announced. It will be the first £20 note to be printed on polymer.

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