But at the moment, so long as you’ve got two original forms of ID, you shouldn’t have a problem changing your old notes. The new note will come into circulation on February 20, 2020. This means you can take your old £10 notes to a bank, building society or Post Office and exchange them for a new polymer version. Doesnt anywhere just change money anymore? Some banks may allow you to deposit old notes directly into your account. The Bank will exchange all old £10 notes indefinitely. The Post Office will typically accept notes after they have ceased to be legal tender. They will eventually stop being legal tender, but the Bank of England says it will give six months' notice before this. The new £20 note will enter circulation by 2020 and as with the next £5 and £10 notes will be printed on polymer (Photo: Bank of England/PA Wire) How long is the old £20 note valid for? When are the old paper £20 notes being phased out? To exchange an old tenner, people can either post the notes to the Bank of England, or visit the Bank in person in the City of London. Banks and Post Offices may stop providing this service eventually. The new £20 note | Read more E ven if a bank refuses to accept discontinued notes, there is one final option. Your nearest Post Office might also be able to help you. The notes will be made out of polymer, the same plastic material that the Winston Churchill £5 … The Bank of England said the new polymer £20 - featuring artists JMW Turner - is its most secure ever banknote. You can also change your old ten pound notes and old five pound notes with The Bank of England. This means that the old paper £20 notes … Shops stopped accepting old paper £10 notes a year ago and old paper £5 notes back in May 2017. The UK introduced a brand new plastic £20 note in February which followed in the footsteps of upgrades made to the £5 and £10 notes. 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