No, not after the notified period expires.
The Bank of England advises -
All Bank of England notes from which legal tender status has been withdrawn remain payable at face value forever at the Bank of England in London. Any such notes may be presented for payment either in person during business hours, or sent to us by post.
See the link below.
These £20 notes featuring Michael Faraday were withdrawn from circulation in 2001. They are no longer 'legal tender' but can be changed for ones in circulation at the discretion of a bank. However, they are always payable at the Bank of England in Threadneedle St., London.
Damaged or worn out notes and notes that are withdrawn from circulation are returned to the Bank of England for destruction.
No. Only bank notes up to $100 in value are in circulation.
The Reserve Bank of Australia advises that there are approximately 132,600,000 Australian Twenty Dollar notes in circulation as at 30th of June, 2009.
tried to replace bank notes with hard money withdrew funds from the Bank of the United States and put them in state banks
Generally speaking, no. Older notes are easier to forge and will have been withdrawn from general circulation. Old notes can normally be exchanged by bank branches.
Scottish bank notes aren't withdrawn they are simply removed from circulation and are replaced by new ones when they are worn out
Bank of England banknotes currently in circulation include the 5, 10, 20 and 50 Pound notes. See the link below for images of current Bank of England banknotes.
The Reserve Bank of Australia advises that polymer notes last about four times longer than paper notes and are more difficult to counterfeit.
The Clydesdale Bank, along with the Royal Bank of Scotland and the Bank of Scotland, still print banknotes for Scotland. As of late 2009, the Clydesdale Bank current issue of banknotes includes the Five, Ten, Twenty, Fifty and One Hundred Pound notes.
The Bank of England Fifty Pound note will not be going out of circulation. The new Bank of England Fifty Pound note featuring Matthew Boulton and James Watt was issued for circulation on the 2nd of November, 2011. The Bank of England Fifty Pound note it replaces featuring Sir John Houblon will be withdrawn from circulation and demonetised after a publicity campaign by the Bank of England in due course.
£1 notes are still in circulation in Scotland although it is rare to come across one. They are printed by the Royal Bank of Scotland, which is the only Scottish bank still to print £1 notes, albeit in very small quantities.