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Old £10 notes won’t be legal tender within weeks with over £2.1 billion worth in use

Published 17:08 18 Feb 2018 GMT

Updated 17:53 18 Feb 2018 GMT

Kyle Picknell
Old £10 notes won’t be legal tender within weeks with over £2.1 billion worth in use

Homenews

You better check and get spending them quickly.

What can you buy for a tenner these days? You will only have until the deadline of the 1st of March to spend or exchange old £10 notes featuring naturalist Charles Darwin. The Bank of England believe that £2.1 billion worth of the old notes are still in circulation, with 8.5 million notes on average being returned every week. They don't, however, expect all of the old notes to be returned as many have ended up overseas, damaged or kept as memorabilia. [caption id="attachment_163665" align="alignnone" width="1024"] Image credit Getty[/caption] You can return old notes by either posting to the Bank of England or visiting in person in London. They advise that whilst you can attempt to exchange them at your local bank or post office, there is no local obligation for them to do so. The Bank of England will be accepting all old £10 notes indefinitely. The new plastic polymer notes featuring the novelist Jane Austen entered circulation in September last year.
Old £10 notes won't be legal tender within weeks with over £2.1 billion worth in use