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