Greengates Builders Merchants

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."

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