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It has little in common with the Indian situation, since the Bank of England will exchange these notes indefinitely. Other banks will usually also accept them (
by Symbiote 4y ago
It has little in common with the Indian situation, since the Bank of England will exchange these notes indefinitely. Other banks will usually also accept them (at least for their customers) for several years.
It's routine, it's happened to 13 notes since 1990: https://en.wikipedia.org/wiki/Bank_of_England_%C2%A320_note https://en.wikipedia.org/wiki/Bank_of_England_%C2%A320_note