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Click ‘Get Form’ to open it in the editor.
Begin by filling out the 'Applicant Details' section. Use capital letters for clarity. Include your title, surname, forename(s), full address, daytime telephone number, and email address.
In the 'Details of Notes' section, specify the serial numbers of any damaged notes and indicate how many of each denomination (£5, £10, £20, £50) you are claiming for. Calculate and enter the total value.
Provide detailed answers to questions regarding how the damage occurred and what happened to any missing portions of the notes. This information is crucial for processing your claim.
Enter your bank account details for payment. If you wish to have payment made to someone else's account, mark the appropriate box and provide their details.
Finally, sign and date the application form to declare that all information provided is true.
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Figures from the Bank of England show that there were still 375 million old paper banknotes in circulation in the UK as of June 2025, worth almost 6.6 billion, even though the old paper 20 and 50 notes stopped being legal tender in October 2022.
Is a 50 pound note still valid in the UK?
This note replaces our paper 50 note which was withdrawn from circulation after 30 September 2022. You may be able to deposit withdrawn notes at your own bank or with the Post Office. Alternatively, you can exchange withdrawn banknotes with selected Post Office branches or with the Bank of England.
Can I change 50 pound notes at the post office?
Yes. You can exchange up to 300 of paper banknotes in any 5, 10, 20 and 50 denominations of the last series at participating branches within any two-year period. Our system will let you know if youve docHubed the 300 limit.
Is there a 500 pound note in England?
500 notes are very rare and, in fact, only available from three Bank of England branches - London, Liverpool and Leeds. Although some were issued in Birmingham and Manchester none have ever come to light. Of those available, Leeds branch, like this one, are the rarest.
Which UK banknotes are still valid?
Banknotes that feature the portrait of Her late Majesty, Queen Elizabeth II remain legal tender and are co-circulating alongside King Charles III notes. New banknotes will only be printed to replace those that are worn or damaged to meet any overall increase in demand for banknotes.
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100 notes have not been issued by the Bank of England since 1945, but they are issued by some banks in the Channel Islands, Scotland and Northern Ireland.
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