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English 'Elizabeth Fry' £5 note to lose legal tender status

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Thursday 04 May 2017

The Bank of England paper £5 note, featuring Elizabeth Fry on the reverse, will lose its legal tender status after tomorrow (5th May 2017).

From Saturday, retailers and members of the public will no longer accept these notes. High Street banks and building societies may continue to accept the "Fry" £5 note after this date, but this is purely at their discretion.

Islanders in possession of the Fry £5 note should either spend them or pay them into their bank by the close of play tomorrow.

The Bank of England will continue exchanging the note after it loses its legal tender status. Details are available on the Bank of England's website http://www.bankofengland.co.uk/banknotes/Pages/about/exchanges.aspx

The States of Guernsey has no plans at the present time to replace the existing Guernsey paper £5 banknote with a polymer alternative.

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