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The new £50 enters circulation, and the paper £20 and £50 will be withdrawn in 2022
The new note will start to become available in bank branches and at ATM’s in the coming days and weeks. 30 September 2022 will be the last day you can use Bank of England paper £20 and £50 notes. After 30 September 2022, these paper notes will no longer be legal tender, so we encourage people to spend them or deposit them at their bank ahead of this date. The polymer £50 note contains advanced security features, completing our most secure set of Bank of England polymer banknotes yet. The note will join the Churchill £5, the Austen £10 and the Turner £20, meaning all Bank of England banknotes are now available ... (full story)
