Old £10 note: This is how long you have left to get them spent

November 14, 2017
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Britain’s first plastic ten pound note entered circulation back in September – so when do you need to get all your old paper notes spent by?

Our old paper Charles Darwin notes have done us proud the past 17 years and currently make up around 45% of all notes in circulation – around 360 million.

The Bank of England has now revealed these notes will need to be spent by March 1, 2018.

Old notes can still be spent up to the cut-off date, and can exchanged at your bank after this time.

Read More

Money, money, money

The new note is the first to have a braille feature designed to help blind or partially sighted users.

The Jane Austin adorned £10 note is the second note in circulation to be made from polymer – just like the new Winston Churchill £5 note that came into circulation in September last year.

The new note features a portrait of author Jane Austen
(Image: AP)

Both polymer notes are tear resistant, can be wiped clean, survive the wash and are expected to last up to five years, compared with 18 months to two years for the former cotton paper version.

The new notes have created controversy among animal rights, vegetarian and vegan groups though because they contain a trace amount of tallow, a rendered form of beef or mutton fat.

Read More

Animal fat £5 note row

People who still have paper £5 notes can exchange them at the Bank of England in person, or via post by completing a form and sending the note to Department NEX, Bank of England, Threadneedle Street, London, EC2R 8AH.

Read More

New £5 note

Old pound coins can no longer be spent, but can be donated to charity or deposited into customer bank accounts.

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Article source: http://www.getsurrey.co.uk/news/uk-world-news/old-10-note-how-long-13899338


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