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Home > Banknotes > Withdrawn Banknotes

Withdrawn Banknotes

From time to time, we withdraw old banknotes after they have been replaced by a new version. All withdrawn Bank of England notes remain payable at face value for all time. They can be exchanged for new banknotes at the Bank of England, either in person in London or by post.

There is a different process in place for damaged or mutilated banknotes.
Withdrawal of the paper £10 note
£5 Banknote Front £5 Banknote Back
The last day to use your paper £10 notes is 1 March 2018.  After this date you can exchange them at the Bank of England in person or by post. Some retailers, banks and building societies may still accept these notes; however this is at their own discretion.

For more information, see our frequently asked questions.

Retailers and businesses can download the paper £10 note withdrawal poster below, or order hard copies using the online order form on our banknote education materials page.
Paper £10 Withdrawal Poster - Cymraeg

Previously withdrawn banknotes

Below is a list of all banknotes withdrawn from circulation since 1988. To see all banknotes that are no longer in circulation, see the Withdrawn Banknotes Reference Guide.
Denomination​ Character on back of note ​ Date Issued ​ ​Date withdrawn
​£5 Elizabeth Fry​ 21.05.2002​ ​05.05.2017
​£50 ​Sir John Houblon ​20.04.1994 ​30.04.2014
£20​ ​Sir Edward Elgar ​22.06.1999 ​30.06.2010
£5​ ​George Stephenson ​07.06.1990 ​21.11.2003
£10 ​Charles Dickens ​29.04.1992 ​31.07.2003
£20​​ ​Michael Faraday ​05.06.1991 ​28.02.2001
​£50​​ ​Sir Christopher Wren​​ ​​20.03.1981 ​20.09.1996
£10 ​Florence Nightingale ​20.02.1975 ​20.05.1994
​£20​ ​William Shakespeare ​09.07.1970 ​19.03.1993
​£5​ ​Duke of Wellington ​11.11.1971 ​29.11.1991
​£1 ​Isaac Newton ​09.02.1978 ​11.03.1988
Information on returning old £5 notes