Size: 5 7/16" x 3 1/16" (138mm x 78mm) Banknotes issued by the authorised banks in Scotland and Northern Ireland are legal currency throughout the United Kingdom – i.e. Colour: Monochrome (printed on one side only) In 1922, wording at the top changed to ‘United Kingdom of Great Britain and Northern Ireland’. Design: Roger Withington & Andrew Ward. Colour: Black on white (printed on one side only) Colour: Revised version issued - colour of denomination symbol "£5" in top-left corner changed to bolder dark blue/green (front) and stronger olive/drab colour (back) The Bank of England says 94 million paper tenners and 118 million paper fivers haven’t been handed in, even though they can still be exchanged at face value. New 50-krone note (series VIII) Main motif: Utvær Lighthouse. The amounts for legal tender are stated below. Size: 5 15/16" x 3 15/16" (151mm x 85mm) Individual countries set their own rules regarding which notes are considered legal tender: In both England and Wales, notes issued by the Bank of England are considered legal tender. Colour: Monochrome (printed on one side only) We use necessary cookies to make our site work (for example, to manage your session). Date first issued: 1 March 1993 Printed by Waterlow Bros. and Layton from plates by Eyre and Spottiswoode. Each jurisdiction determines what is legal tender, but essentially it is anything which when offered ("tendered") in payment of a debt extinguishes the debt. Revised version issued: additional denomination symbol £10, black in colour, to replace crown feature in top-right corner of note (front); further denomination symbol £10, dark brown in colour, added to top-right corner of note near head of Charles Dickens (reverse). Design: Roger Withington. Instead she decided to accept Siobhan’s tender. Size: 5 5/16" x 2 3/4" (135mm x 70mm) Design: Issue of threaded notes in pre-war colour. Windowed thread on the back of the note. Colour: Multicoloured (predominantly turquoise-blue) Date first issued: 21 February 1957 The rules around the legal tender status of coins in the UK are set out in the Coinage Act 1971 and the Currency Act 1983. Design: W M Keesey and others. Necessary cookies enable core functionality on our website such as security, network management, and accessibility. Date first issued: 7 November 2000 Size: 6 5/8" x 3 3/4" (169mm x 95mm) Legal tender is a medium of payment allowed by law or recognized by a legal system to be valid for meeting a financial obligation. Duke of Wellington portrayed on reverse; width of thread doubled to 1mm from 16 July 1987. You can still spend, deposit or donate old £1 coins until 23:59 on Sunday 15 October 2017 as normal. Extended the Bank Notes Act 1833 to make Bank of England notes under £5 in value legal tender; act also applied to Scotland, making English 10/- and £1 legal tender for the first time. Design: Roger Withington. Date first issued: 20 March 1981 Date ceased to be legal tender: 5 May 2017 Date ceased to be legal tender: 12 June 1920 Luckily, each note is a different color, so it is easy to tell them apart when you're looking through your wallet. Signature of N.F. Paper currency is a common form of legal tender in many countries.. Design: Incorporated metal thread for first time: permanent feature thereafter. We will give six months’ notice of this withdrawal date. Size: 6 1/4" x 3 1/2" (158mm x 90mm) Colour: Red on white (printed on one side only) Design: Roger Withington. Date ceased to be legal tender: 1 March 2018 On the front of any of the notes, you can feel raised print. Date ceased to be legal tender: 28 May 1962 You can still spend, deposit or donate old £1 coins until 23:59 on Sunday 15 October 2017 as normal. New 'windowed' security thread introduced on 16 July 1987. Design: Harry Eccleston. By Lee Boyce for Thisismoney.co.uk. Date first issued: 29 April 1992 Date ceased to be legal tender: 30 April 2014 Additional security features: foil patch. Colour: Predominantly brown Date ceased to be legal tender: 31 May 1979 Size: 5 7/16" x 3 1/16" (138mm x 78mm) Scottish Bank notes aren’t actually legal tender! First Bank of England £1 note to carry portrait of monarch. For more information on how these cookies work please see our Cookie policy. Colour: Brown On 15 October 2017 a new 12-sided coin replaced the old pound coin. Date ceased to be legal tender: unknown In fact, no banknote whatsoever (including Bank of England notes!) Size: 5 1/2" x 3 5/16" (140mm x 85mm) We will announce the withdrawal date after we have issued our new polymer £20 note. By clicking ‘Accept recommended settings’ on this banner, you accept our use of optional cookies. Date first issued: Between 1725 and 1745 Date ceased to be legal tender: 11 March 1988 About the new 100-krone note. Date ceased to be legal tender: 31 May 1979 There are four denominations (values) of Bank of England notes in circulation: £5, £10, £20 and £50. Date first issued: 2 April 1940 Size: 5 5/16" x 2 5/8" (135mm x 67mm) The same rules apply across the UK. For example, 1p and 2p coins only count as legal tender for any amount up to 20p. Colour: Green Printed by Waterlow Bros and Layton on banknote paper. Date ceased to be legal tender: 20 May 1994 Date ceased to be legal tender: unknown Design: Size may vary. They can always be redeemed at the Bank of England even if discontinued. (3) Bank notes shall be payable only at the head office of the Bank of England unless expressly made payable also at some other place. Design: £300 notes not issued by Bank of England Country Branches. Size: 5 15/16" x 3 5/16" (151mm x 84mm) Date ceased to be legal tender: 12 June 1920 Creditors are required to … In 1922, wording at the top changed to ‘United Kingdom of Great Britain and Northern Ireland’. The new polymer notes will retain the iconic Bushmills image and are cleaner, more durable and contain additional security features. The old five pound note ceased to be legal tender on 5 May 2017. We’d also like to use some non-essential cookies (including third-party cookies) to help us improve the site. In recent years, the UK’s seen new pound coins, £5 notes and £10 notes, with further changes to come. Design: Andy Ward as Chief Designer and design work by Debbie Marriott, Date first issued: 22 June 1999 Coins: Coins are legal tender throughout the United Kingdom for the following amount: £100 - for any amount. It was announced that there would be a co-circulatory period with the old series E notes, and then on 5 May 2017, the series E would cease to be legal tender. 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