ANYONE with cash saved at home is being urged to check to see if they have £50 notes which are being withdrawn from circulation.
On Wednesday, £50 banknotes carrying the portrait of Sir John Houblon will no longer be legal tender.
From that time, only the £50 banknote featuring Matthew Boulton and James Watt, which was introduced in 2011, will be legal.
Members of the public or business people who have Houblon £50 notes will still be able to exchange them or deposit them at most banks.
Barclays, NatWest, RBS, 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 after 30 April, as it would for any other Bank of England note which no longer has legal tender status.
There are approximately 224 million £50 notes (£11.2bn) in circulation, of which an estimated 63 million (£3.2bn) are Houblon notes. Houblon was the first Governor of the Bank of England
