Bank of England reveals cut-off date for paper £10 notes
The old £10 note must be spent by March next year after the Bank of England revealed the date for when it will cease to be legal tender.
A use by date of March 1, 2018, has been slapped on £10 paper notes following the introduction of the plastic tenner on September 14.
However, old notes can still be spent ahead of the cut-off date, or exchanged at the Bank once this point has passed.
The Bank introduced the paper £10 note featuring naturalist Charles Darwin on November 7, 2000. Around 55% of the £10 notes in circulation are made from polymer, while 359 million are paper.
The new £10 banknote, featuring a picture of author Jane Austin, is the first Bank of England note with a tactile feature to help blind and partially-sighted users.
Like the £5 note already in circulation featuring Sir Winston Churchill, the new £10 banknote is made from polymer, which is more durable and expected to last five years in total.
The #NewTenPoundNote featuring Jane Austen: coming 14 September 2017. https://t.co/VMGsueavyhpic.twitter.com/f6PF9DWglM
-- Bank of England (@bankofengland) September 12, 2017
The transition to polymer has sparked controversy after the Bank confirmed that an "extremely small amount" of tallow - or animal fat - was used to produce polymer pellets, which were part of the production process for creating the notes.
People who still have paper £5 notes can exchange them at the Bank of England in person, or via post by completing a form and sending the note to Department NEX, Bank of England, Threadneedle Street, London, EC2R 8AH.
Here's Bank of England Governor Mark Carney with the #NewTenPoundNote Snapchat filter. The new £10: out today. pic.twitter.com/34WM9BaMkJ
-- Bank of England (@bankofengland) September 14, 2017
Old pound coins can no longer be spent, but can be donated to charity or deposited into customer bank accounts.
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