The pepper pound is ending, except for the last week | Company

Published by
Peter Kavinsky

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From the 30th, UK shops will no longer accept six billion old £50 notes and no more than five billion £20 notes, the Bank of England announced on Friday.

From this date, only new polymer banknotes will be accepted on the islands, which should guarantee protection against counterfeiting. The new banknotes are so small that they fit more easily in a wallet.

New British £50 notes. In circulation from June 2021.

People can exchange the paper notes at the Central Bank of London on Threadneedle Street, at select branches or by post, the bank said. Many commercial banks can bet on you.

All new polymer version of me with a portrait of Queen Albata II. can be used as usual, the Bank of England added.

After the death of the Queen, Britain exchanged notes, travel envelopes and the national anthem. The iconography associated with the Queen during the seventy years of her reign has grown into British institutions and society to such an extent that the changes will take years and cost billions of pounds.

The king of the queen’s house

There are currently around 4.5 billion banknotes in circulation in Britain featuring the portrait of the late Queen, with a combined value of around £80 billion (K2.3 trillion). The shape of the new notes must be approved by Buckingham Palace for at least two years. Alba II. it is also comparable on twenty dollar bills in Canada and on coins in New Zealand.

Coins and banknotes with Queen Albata II. they will continue to appear for the rest of the summer year or maybe even later, only then will it come to me with a new portrait. Many coins and banknotes with the portrait of the Queen remain in circulation for years.

Banks and travel agents will issue new notes and coins and withdraw old ones from circulation, making the redemption process easier for the public. According to British media, it has been a common tradition since the time of King Charles II. (1630-1685) that monarchs, depicted on coins, always looked in the other direction, not their predecessors.

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Peter Kavinsky

Peter Kavinsky is the Executive Editor at cablefreetv.org

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