Instead, make sure you have the red £50 note with Matthew Boulton and James Watt depicted on it. Printed by Waterlow Bros and Layton on banknote paper. Colour: Monochrome (printed on one side only) Size: 5 9/16" x 2 15/16" (142mm x 75 mm) From 1983 this denomination was gradually replaced by the £1 coin. Design: Robert Austin. Notes: In England and Wales the £5, £10, £20 and £50 notes are legal tender for payment of any amount. Date first issued: Between 1725 and 1745 On 20 February 2020 we issued a new polymer £20 note. At least £2.1bn worth of old £10 notes need to be spent or exchanged before they cease to be legal tender. Date ceased to be legal tender: 16 April 1945 Of the eight banks authorised to issue banknotes in the UK, only the Bank of England can issue banknotes in England and Wales, where its notes are legal tender. Date ceased to be legal tender: 1 March 2018 Colour: Monochrome (printed on one side only) Colour: Monochrome (printed on one side only) Legal Position. The old five pound note ceased to be legal tender on 5 May 2017. We use analytics cookies so we can keep track of the number of visitors to various parts of the site and understand how our website is used. Understanding Legal Tender . When you tilt the paper £20 note from side to side, the holographic images on the foil strip change between a '£' symbol and the number '20'. Legal Position. I think they were winding him up saying BoE notes aren’t legal tender in Scotland. Florence Nightingale portrayed on reverse. Date ceased to be legal tender: unknown Size: 5 3/8" x 3" (136mm x 76mm) Date first issued: 1725 Sir Christopher Wren portrayed on the reverse. On 20 February 2020 we issued a new polymer £20 note. We’d also like to use some non-essential cookies (including third-party cookies) to help us improve the site. Design: Harry Eccleston. Paper currency is a common form of legal tender in many countries.. Instead she decided to accept Siobhan’s tender. The new polymer notes will retain the iconic Bushmills image and are cleaner, more durable and contain additional security features. Date first issued: 1793 You may disable these by changing your browser settings, but this may affect how the website functions. Design: Harry Eccleston. It means that a debtor cannot successfully be sued for non-payment if he pays into court in legal tender. Date ceased to be legal tender: unknown You will still be able to use the paper £20 note until we withdraw it from circulation. Date ceased to be legal tender: 29 October 1962 Revised version issued: additional denomination symbol £10, black in colour, to replace crown feature in top-right corner of note (front); further denomination symbol £10, dark brown in colour, added to top-right corner of note near head of Charles Dickens (reverse). The following notes and coins are legal tender. Charles Dickens portrayed on reverse; ‘windowed’ thread on reverse. The legal position with regard to Scottish Banknotes is as follows: Scottish Banknotes are legal currency – i.e. Printed by De La Rue & Co on banknote paper. The new polymer £20 banknote will be issued in 2020, with the portrait of J.M.W Turner printed on it. Size: 6 5/8" x 3 3/4" (169mm x 95mm) Date first issued: 20 April 1994 Size: Approx 8" x 5" (203mm x 127mm) Colour: Brown. Size: Approx 8 1/4" x 5 1/8" (211mm x 130mm) Size: 5 ½" x 2 5/8" (140mm x 67mm) In England, the £5, £10, £20 and £50 notes are legal tender for payment of any amount, as well as coins from the Royal Mint, which makes coins in the UK. For more information on how these cookies work please see our Cookie policy. Issued also by Bank of England Country Branches from 1826. Bank of Ireland (UK) plc issues banknotes in denominations of £5, £10, £20, £50 and £100. Size: Approx 8 1/4" x 5 1/4" (211mm x 133mm) Design: unknown. Date ceased to be legal tender: 12 June 1920 Warren Fisher from September 1919. Design: Roger Withington. Colour: Predominantly brown Issued also by Bank of England Country Branches from 1826. The new cupro-nickel coin was introduced on 21 April 1983 and the one pound note ceased to be legal tender on 11 March 1988. The term ‘legal tender’ has a narrow technical meaning which doesn’t necessarily stop you from spending them. Design: W M Keesey and others. New 'windowed' security thread introduced on 16 July 1987. Size: Approx 7 11/16" x 4 11/16" (195mm x 120mm) Date first issued: Between 1725 and 1745 Size: Approx 8" x 5" (203mm x 127mm) Size: 5 5/16" x 2 5/8" (135mm x 67mm) Beautician rips new plastic £5 note pulling it from piggy bank with tweezers – but it’s still legal Jo Wingfield, 33, opened up the ceramic jar to discover two more notes were also slightly torn Colour: Monochrome (printed on one side only) Colour: Monochrome (printed on one side only) Size: 6" x 2 13/16" (151mm x 72mm) Design: Incorporated metal thread for first time: permanent feature thereafter. £200 notes not issued by Bank of England Country Branches. Legal tender is a medium of payment allowed by law or recognized by a legal system to be valid for meeting a financial obligation. Date ceased to be legal tender: unknown Size: Approx 8 1/4" x 5 1/4" (211mm x 133mm) Signature of N.F. Sir John Houblon portrayed on back. Date first issued: 13 September 1948 Size: 6 1/4" x 3 1/2" (158mm x 90mm) Date first issued: 27 September 1993 "Don’t worry, you can still use the paper £20 note for now," the Bank of England's site reads. Legal Tender Deadlines. So what’s actually classed as legal tender? Date ceased to be legal tender: 16 April 1945 In England and Wales, it’s Royal Mint coins and Bank of England notes. Colour: Multicoloured (predominantly mauve-purple) In fact, no banknote whatsoever (including Bank of England notes!) Date first issued: 7 November 2000 Design: Harry Eccleston. Date ceased to be legal tender: 22 October 1962 Signature of N.F. Size: 5 15/16" x 3 5/16" (151mm x 84mm) Date ceased to be legal tender: 16 April 1945 In February 2019 we issued new polymer £5 and £10 notes which replace the paper notes of the same denomination. 'In Scotland and Northern Ireland only Royal Mint coins are legal … Size: Approx 8 1/4" x 5 1/4" (211mm x 133mm) The old ten pound notes ceased to be legal tender on 1 March 2018. Colour: Monochrome (printed on one side only) However, that’s not the be all and end all. The rules around the legal tender status of coins in the UK are set out in the Coinage Act 1971 and the Currency Act 1983. Design: £300 notes not issued by Bank of England Country Branches. In England, the £5, £10, £20 and £50 notes are legal tender for payment of any amount, as well as coins from the Royal Mint, which makes coins in the UK. On the front of any of the notes, you can feel raised print. The Bank of England has said that unspent, paper, £20 notes are still legal tender. On 15 October 2017 a new 12-sided coin replaced the old pound coin. Design: Bank of England, Date first issued: 21 May 2002 However, they are not legal tender in Scotland and Northern Ireland. The old five pound note ceased to be legal tender on 5 May 2017. Size: 5 7/16" x 3 1/16" (138mm x 78mm) Date first issued: 22 November 1993 Design: Notes in earlier years are slightly smaller. Issue of threaded notes in pre-war colour. There are four denominations of banknotes in circulation: £5, £10, £20 and £50. Date first issued: 9 July 1970 Colour: Monochrome (printed on one side only) Date ceased to be legal tender: 28 February 2001 There are four denominations of banknotes in circulation: £5, £10, £20 and £50. Size: 5 7/16" x 3 1/16" (138mm x 78mm) In recent years, the UK’s seen new pound coins, £5 notes and £10 notes, with further changes to come. In 1922, wording at the top changed to ‘United Kingdom of Great Britain and Northern Ireland’. Signature of N.F. More than a year after they ceased to be legal tender, there are still £1.5bn-worth of paper £5 and £10 notes that haven’t been cashed in. Size: 5 15/16" x 3 15/16" (151mm x 85mm) Date ceased to be legal tender: 22 November 1970 Colour: Blue Date first issued: 22 October 1918 "Don’t worry, you can still use the paper £20 note for now," the Bank of England's site reads. Date ceased to be legal tender: 31 August 1973 Size: 5 7/16" x 3 1/16" (138mm x 78mm) Date ceased to be legal tender: 27 June 1967 Legal tender is a form of money that courts of law are required to recognize as satisfactory payment for any monetary debt. You will still be able to use the paper £20 note until we withdraw it from circulation. Thanks! The same rules apply across the UK. Thanks! Date first issued: 1759 Size: 5 5/16" x 2 3/4" (135mm x 70mm) Date first issued: 22 January 1917 Colour: Black on white (printed on one side only) New Scottish £10 note isn't legal tender in England OR Scotland ... Carmichael wants to encourage businesses across the UK to recognise and accept Scottish banknotes with his legal tender bill. Your bank won’t accept damaged, bent or chipped coins and nor will the Royal Mint. Date first issued: 29 April 1992 In recent years, the UK’s seen new pound coins, £5 notes and £10 notes, with further changes to come. Design: Roger Withington. Colour: Monochrome (printed on one side only) Size: 5" x 2 1/2" (127mm x 64mm) For more information on how these cookies work please see our Cookie policy. That is why we work hard to ensure our notes are high quality, durable and difficult to counterfeit. Date ceased to be legal tender: 16 April 1945 Colour: Monochrome (printed on one side only) Revised version issued with design and dimensions (as Series D) but general appearance enhanced by inclusion of additional background colours. Size: 8 1/4" x 5 1/4" (211mm x 133mm) Size: Approx 7 11/16" x 4 11/16" (195mm x 120mm) Printed by Waterlow Bros. and Layton and De La Rue & Co. Top deals: Best Bank Accounts, Top Savings Accounts. Design work by Debbie Marriott. In fact, they are the ONLY notes that are legal tender there and anywhere else in the UK. 'In England and Wales, legal tender is Royal Mint coins and Bank of England notes. Colour: Multicoloured (predominantly orange-brown) After then the coins will no longer be legal tender. New 'windowed' security thread introduced on 15 November 1984. Date first issued: 14 August 1914 Date ceased to be legal tender: 20 May 1994 In 1922, wording at the top changed to ‘United Kingdom of Great Britain and Northern Ireland’. Press Spacebar or Enter to select, © Bank of England. Colour: Green. The Bank of England banknotes. Size: 5 15/16" x 3 5/16" (151mm x 84mm) Issued also by some Bank of England Country Branches. Design: Bertram Mackennal. New 200-krone note (series VIII) Main motif: A cod. Design: Issued also by Bank of England Country Branches from 1826. 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