The plastic £5 is coming in September – what do you think? good or bad? 1


£5

The New Fiver was unveiled at Blenheim Palace on 2 June and will be shown to the public at a number of events across the UK this summer.

The New Fiver will enter circulation on 13 September. It will then take a few weeks for the notes to spread across the country to shops, businesses and banks.

In May 2017 paper £5 notes will cease to be legal tender and will no longer be accepted by shops and banks.

Other notes and coins

The three Scottish banks are also printing their next £5 and £10 notes on polymer. Clydesdale Bank will be issuing a polymer £5 on 15 September, the Bank of Scotland on 4 October and RBS in November 2016. The Royal Mint will be issuing a new £1 coin in March 2017.

Future banknotes

The New Fiver is the first of the Bank of England’s new series of polymer notes, with the £10 and £20 notes to be replaced with polymer designs over the coming years.

Ten Pound note design

New ten pound note

The new polymer £10 note featuring Jane Austen will enter circulation in summer 2017.

Twenty Pound note design

New twenty pound note

The new polymer £20 note featuring JMW Turner will enter circulation by 2020.

There are currently no plans to replace the £50 note featuring Boulton and Watt and we will announce the material for future £50 notes in due course.

 

 

 

 

The New Fiver has a number of security features which make it even harder to counterfeit. These include the see-through window and the foil Elizabeth Tower which is gold on the front of the note and silver on the back. You can learn more about these security features and how to check your notes here. Only a tiny proportion of notes are counterfeit – 0.0075% in 2015 – but we want to stay one step ahead of the counterfeiters and these new security features help us do this.

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