Sunday, 19 November, 2017

Bank of England reveals last day to use old £10 notes

10 pound polymer note Jane Austen Old £10 note to disappear next year
Preston Stone | 15 November, 2017, 06:41

The old £10 note will cease to be legal tender from 1 March 2018, the Bank of England has confirmed.

An important notice from the Bank of England: despite the circulation only new polymer tenner since 1st March 2018, the old note can still be exchanged by the Bank after the cut-off date.

The new £10, which features author Jane Austen as a picture, follows the introduction of the new £5 in September 2016, while a new polymer £20 note is due for introduction in 2020.

Charles Darwin did not make it onto the updated note, and was replaced with Jane Austin. Now both the old paper £10 note featuring Charles Darwin and the polymer note are in circulation.

The innovative polymer is more secure and durable in comparison with an old note, depicting Mr Darwin, one of the greatest personality in England's history.

Richard Sherman and CJ Prosise land on IR
But Maxwell lasted only one season in Philadelphia, shipped off to Miami along with Kiko Alonso in what amounted to salary dumps. The 29-year-old has gone through a workout with Seattle on Monday morning prior to re-signing with the team.

Around 55% of the £10 notes in circulation are made from polymer, while 359 million are paper.

It is also the first British banknote with so-called tactile information, which helps blind and partially sighted people assess its value.

The new plastic notes are considered tear-proof, waterproof and expected to last around five years.

The Bank of England says they are also an improvement on the previous version in terms of security and durability.

The £5 note has already been completely switched over to the new version, with the old style being taken out of circulation in May.

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