We will issue our new £20 note in early 2020.
You will still be able to use the current £20 note until we withdraw it from circulation. We will announce the withdrawal date after we have issued our new £20 note. We will give at least three months’ notice of this withdrawal date.
Many banks will accept withdrawn notes as deposits from customers. The Post Office may also accept withdrawn notes as payment for goods and services, or as a deposit into any bank account you can access at the Post Office. And, you can always exchange withdrawn notes with us.