Plastic £5 Note
the new plastic-coated five pound went into circulation yesterday by the Bank of England. The new £5 is printed on polymer rather than paper which is a thin flexible plastic film which the Bank says is cleaner, stronger and more secure.
Because the new £5 is made of plastic, it is difficult to tear and it is claimed they can survive being put through the washing machine and other spills, However, the notes are not indestructible. The polymer notes are expected to last an average of five years - compared to the current note's two years.
The paper £5 notes we are used to will become non legal tender as of 5th May 2017.
So be aware if you have a stash put away get them spent or take them to a bank.
New security features - such as a transparent window - will make the note harder to counterfeit.
A new polymer £10 note featuring Jane Austen is due to be released in a year's time, with a £20 note, featuring the artist Turner, to be launched by 2020.
The new notes will also be easier for blind or partially-sighted people to use.
"To help blind and vision impaired people distinguish between denominations, the notes retain tiered sizing and include bold numerals and similar colour palettes to the current notes," said Victoria Cleland, the Bank of England's chief cashier.
"In addition, polymer £10 and £20 notes will each have a tactile feature created by a series of raised dots, and the £5 note will be distinguishable by the absence of a feature."