From today, £20 notes with Edward Elgar on the back will no longer be accepted as legal tender.
The new £20 note (pictured right), which has been in circulation since 2007, features Adam Smith, the Scottish economist considered ones of the pioneers of capitalism.
Every ten years or so, the notes are changed with Michael Faraday being subject to the same rejection when he was replaced by Elgar back in 1999.
If you happen to find yourself with a £20 note showing Edward Elgar and Worcester Cathedral on the back, some banks, building societies, and Post Offices may still accept the notes, but it’s at their discretion, so don’t be offended if they say no.
If you have no joy in replacing the notes locally for the new legal tender, the Bank of England Website has details of what you can do.
