Posted: 8/25/2019 5:07:39 PM EDT
On our return from our last trip to the UK (Sept. 2017) I found that I had brought home about 30 Pounds in British currency. No big deal I thought. I'll just use it on the next trip, scheduled for June of 2018.
Well, the wife got sick, and we had to cancel our trips scheduled for 2018 and 2019.
So here I am with 29 Pounds 90 Pence, including one new plastic 5 Pound note and a paper 20 Pound note.
From what I understand, the paper 20 Pound notes have been recalled and replaced with plastic notes.
So I have two questions:
Is the paper 20 Pound note still good?
Is there a time limit for exchanging it for a new plastic note?
We have still got paper £20 notes, the new polymer notes won't be issued until next year. I think when they do withdraw the paper notes it's going to cause problems for certain sectors of our society that hold their wealth in cash. I'm looking at you Mr drug dealer, with anti money laundering protocols in place trying to convert say £20,000 in used paper notes into polymer notes will be fun at your local bank