UK’s Paper £20, £50 Notes Expire — What to Do With Them? How to Exchange Them?
The end of a paper-money era.
WATCH: The end of £20 and £50 Paper Banknotes
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Polymer banknotes will be the only accepted form of payment in the £20 and £50 denominations in most parts of the UK after the Bank of England puts an end to the use of the paper versions. The process to withdraw them from circulation is underway.
Here’s what you need to know.