Cash users have been given a warning that paper £20 and £50 notes will become void in just six months time.
They will have until September 30, 2022 to use the banknotes, however if not used the Bank of England will allow Brits to exchange their £20 and £50 notes once the deadline is passed, Birmingham Live reports.
The Chief Cashier at the Bank of England, Sarah John, said: "We want to remind the public that from today they only have six months left to spend or deposit their paper £20 and £50 notes. Over the past few years we have been changing our banknotes from paper to polymer, because these designs are more difficult to counterfeit, whilst also being more durable.
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"A large number of these paper notes have now been returned to us, and replaced with the polymer £20 featuring the artist J.M.W. Turner, and the polymer £50 featuring the scientist Alan Turing. However if members of the public still have any of these paper notes in their possession, they should deposit or spend them whilst they can."
The paper notes are being replaced with the new polymer £20 notes featuring J.M.W. Turner, and £50 notes featuring Alan Turing. The introduction of polymer banknotes allows for a new generation of security features which make them even harder to counterfeit.
It comes following similar banknotes for the £5 and £10 some years ago. The fiver was released back in 2016, featuring Sir Winston Churchill.
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