Old Bank of England £10 notes expire next week

in Consumer Skills, Money Affairs

The old paper £10 note will cease to be legal tender from 1 March 2018

The Consumer Council is urging consumers to hunt out their old paper Bank of England £10 notes and either spend or exchange them at the bank or Post Office, before they become worthless next week.

The paper Bank of England £10 note will cease to be legal tender from 1 March 2018 and will no longer be accepted in retail outlets. The paper note has been replaced with a newer polymer £10 note which features a portrait of Jane Austen and has a number of security features to help combat counterfeiters.

Philippa McKeown Brown, Head of Consumer Empowerment and Protection at the Consumer Council, said; “In just under a week’s time the old £10 notes will cease to be legal tender and you will be unable to use them as a method of payment. We are urging consumers to hunt out any old paper £10 notes and either spend them or exchange them at their bank or Post Office.”

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