Customers have simply 100 days to spend £16bn value of old-style paper banknotes earlier than they’re not authorized tender.
Tens of millions of £20 and £50 notes printed on paper stay in circulation however from 1 October solely the newer polymer variations can be utilized.
Anybody who has the previous foreign money should spend it by 30 September, the Financial institution of England mentioned, or deposit the notes at a financial institution or Submit Workplace.