Do Banks Still Accept Old £50 Notes? Learn the Rules

Find out if old £50 notes are still accepted at banks and how to exchange them.

Published

Video transcript

Most banks do still accept old £50 notes for a limited time after new ones have been issued. If you have old £50 notes, visit your local branch to exchange them. Alternatively, the Bank of England always accepts old notes by mail or in person.

Questions and answers

  1. How long can I use old £50 notes?

    Old £50 notes can be used for a limited time after new ones are issued, but it's best to exchange them as soon as possible.

  2. What do I do with old £50 notes?

    You can exchange them at your local bank branch or send them to the Bank of England by mail, which always accepts old notes.

  3. Are old £50 notes still valid?

    Yes, old £50 notes remain valid for a limited period, but check with your bank for specific acceptance details.

  4. Where can I exchange old £50 notes?

    You can exchange old £50 notes at local banks or directly at the Bank of England in person or by mail.