United Kingdom

Bank of England To Introduce Plastic Bank Notes in 2016

Around 20 countries already have bank notes made of polymer


Plastic banknotes that can survive a spin in the washing machine are to be brought into circulation by the Bank of England in 2016.

The Bank argues that the polymer notes stay cleaner and are more secure than cotton paper notes, which have been used for more than 100 years.

The £5 note featuring Winston Churchill will be the first plastic banknote.

About 20 countries around the world have adopted polymer banknotes, starting with Australia in 1988.