Paper £20 notes issued by a number of banks in Northern Ireland will be withdrawn from midnight and can no longer be spent 💷
Paper £20 notes issued by a number of banks in Northern Ireland will be withdrawn after Friday and can no longer be spent.People with a UK bank account will still be able to deposit the notes from October.
The paper banknotes are being replaced with polymer notes which are believed to be more durable and difficult to counterfeit.about 314m £20 paper notes remain in circulation in the UKPaper £50 notes are also being removed from circulation, the bank added, including those issued by Clydesdale Bank, Royal Bank of Scotland and Bank of Scotland.
The Bank of England said its services, banks and the Post Office will accept and exchange old paper banknotes.The polymer notes consist of a thin and flexible plastic film with the design printed on special layers of ink front and back. The new notes are less likely to be damaged by water.
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