Guernsey

Guernsey people reminded of £20 bank note withdrawal

  • 21 June 2010
  • From the section Guernsey
Speciman £20 note
The £20 note with Adam Smith will be the only legal tender from 1 July

Some Bank of England £20 notes will not be legal tender from the end of June, Guernsey residents have been reminded.

The £20 notes being withdrawn at the end of June carry a picture of composer Edward Elgar.

The Bank of England said the notes are less likely to be accepted in shops from 1 July.

Most banks, building societies and post offices will accept them, but exchanging for non-customers is discretionary.

The Bank of England said the full value for these notes - and all other notes the bank has issued - will always be given.

The Elgar notes have been replaced with £20 banknotes bearing the picture of economist Adam Smith, which were introduced into circulation in 2007.

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