[ad] Blackbaud. Buyer's guide. Finding your mission's perfect fundraising CRM just got easier. Get the guide.

Variations on Elgar notes

£20 notes - detail - photo: Howard Lake
Paper £20 note (detail). Photo: Howard Lake

The £20 notes with Sir Edward Elgar on the reverse are being phased out, and from 30 June will no longer be legal tender. There will however be a grace period during which any still in charities’ or anyone’s possession may be exchanged at the full value.

Introduced in 1999, the design began to be phased out by the Bank of England three years ago when it introduced a new design featuring Scottish economist Adam Smith on the reverse.

The Bank of England explained that, after 30 June, “most banks, building societies and Post Offices will accept the Elgar £20 notes for deposit to customer accounts and for other customer transactions”. Failing that, the Bank of England will always exchange its old notes, years into the future.

Advertisement

Why your supporters are wealthier than you think... Course by Catherine Miles. Background photo of two sides of a terraced street of houses.
Sir Edward Elgar

The Bank of England offers a “Know Your Banknotes” leaflet in PDF, which provides a guide to the key recognition and security features on banknotes.

Edward Elgar

Loading

Mastodon