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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All Bank of England notes from which legal tender status has been withdrawn remain payable at face value forever at the Bank of England in London.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.

All Bank of England issue notes can be taken or sent under registered mail to the Bank of England to be changed up. Your own bank can also change up small amounts of old banknotes, but you need to have an account to pay them into.

You may find it more lucrative to sell them to a coin and banknote dealer though or on an auction website.

If you take them to the Bank of England they will give you face value for them. Make an appointment first as they will not exchange them on demand.

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11y ago
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13y ago

You can take it to a bank and see if they will exchange it for a "new" bank note. But some currencies are no longer exchangeable due to time constrains placed upon them.

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12y ago

The Bank of England procedure for replacement of damaged banknotes can be found at the site below.

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Q: How can you exchange the old 20 pound bank note expired?
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Related questions

Will your local US Bank exchange a British 'Elgar' Twenty Pound Note?

The short answer is no. The Elgar Twenty Pound note was withdrawn from circulation on 30-June-2010 and the grace period has long since expired. The Bank of England will always honour withdrawn banknotes. See the link below for instructions.


Does the British pound expire?

In 2010, I took a fifty-pound note to a Bank of America branch in California; the teller looked it up in her book and told me it was expired and she could not accept it. Next I took it to an airport currency exchange where the teller did the same thing: different book, same answer. She said it was from 1981 and had expired long ago.


Can you exchange a Irish twenty pound note in a bank?

If you refer to the Republic of Ireland pre-Euro Pound notes, you can only exchange them at the Central Bank in Dublin. If you refer to the Northern Ireland Pound notes issued by any of the Northern Ireland retail banks, you should be able to exchange them at any English bank.


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You should receive the same rate of exchange. Scottish bank note are exactly equal to GBP


What is the ISBN of The Million Pound Bank Note?

The ISBN of The Million Pound Bank Note is 9783526521662.


When was The Million Pound Bank Note created?

The Million Pound Bank Note was created in 2007.


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The Million Pound Bank Note has 96 pages.


Can you change the old twenty pound note at the ulster bank in waterford Ireland?

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Can you change the old twenty pound note in 2014 at the ulster bank in southern Ireland?

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When was the Bank of England Twenty Pound note first issued?

The first Bank of England Twenty Pound note was issued in 1725. The first Bank of England decimal Twenty Pound note was issued in 1970.


When was The Million Pound Note created?

The Bank of England first issued a regular Fifty Pound note in around 1725. The Bank of England issued the modern Fifty Pound note in 1981.


When was the blue Bank of England Five Pound note withdrawn?

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