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Houblon £50 note to be withdrawn by Bank of England

Sir John Houblon pictured on the April 1994 £50 note£50 banknotes carrying the portrait of Sir John Houblon were withdrawn from circulation on 30 April 2014.

Only the £50 banknote featuring Matthew Boulton and James Watt, which was introduced in November 2011, now holds legal tender status.

Most banks and building societies will continue to Houblon £50 note back accept them for deposit to customer accounts; however, agreeing to exchange the notes is at the discretion of individual institutions.

Barclays, RBS, NatWest, Ulster Bank and the Post Office have all agreed to exchange Houblon £50 notes for members of the public – up to the value of £200 – until 30 October 2014.

The Bank of England will continue to exchange Houblon £50 notes, as it would for any other Bank of England note which no longer has legal tender status.

For more information click here Bank of England

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