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ImLostAgain | 21:19 Wed 19th Sep 2007 | Business & Finance
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When, if at all, do the old �20 notes with Edward Elgar on them cease to become legal tender?
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They will be progressively withdrawn from circulation, and when a certain %age have been returned to the bank of england a date will then be announced after which they will cease to be "legal tender"
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Thanks (that was quick)
i aim to please!!!!!
Even after they have been withdrawn from circulation completely you will still be able to change them at your bank.
Some banks, building societies, and Post Offices may still accept the most recent of the notes withdrawn from circulation for deposit to customer accounts or exchange for current series notes. However, agreeing to exchange these notes is at the discretion of the individual institution.
All Bank of England notes from which legal tender status has been withdrawn remain payable at face value forever at the Bank of England in London.

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