At a glance 1 min

Polymer bank notes for the bank of England

Polymer bank notes for the bank of England
Polymer bank notes for the bank of England

Cleaner, safer, stronger. These are the three key features that helped the Bank of England take the decision to issue its first polymer bank notes starting in September 2016.
The first will be five Pound notes bearing the portrait of former Prime Minister Winston Churchill. A 10 Pound bank note bearing the portrait of writer Jane Austen will be put into circulation in Summer 2017, and will be followed by a 20 Pound bank note bearing the portrait of J.M.W Turner in 2020. The other side of the notes will bear the portrait of Queen Elizabeth II.

According to Mark Carney, Governor of the Bank of England, "polymer is a major innovation: it is cleaner, safer and stronger". Reputed to be more hygienic, they can be recycled when they have become too damaged or worn. In addition, the bank notes are harder to fake, and their life expectancy is at least 2.5 times higher than that of paper notes, “they are therefore cheaper than paper bank notes”. 
The bi-axially oriented Polypropylene films (BOPP) used in the bank notes are manufactured by the Innovia company based in the County of Cumbria in England. 
The Bank of England joins the list of the 23 countries in the world already using this technology.

More information
www.innoviasecurity.com//

If you enjoyed this article, you'll love the next!
  • Plastic pounds
    At a glance 1 min
    Plastic pounds

    The Bank of England, one of the oldest institutions to print and circulate money in paper form, plans to print two of its notes on polymer. From 2016, the two denominations most likely to end up in tr...

  • Belt up! The first seatbelt airbag
    At a glance 1 min
    Belt up! The first seatbelt airbag

    The product of five years’ research by Ford, this polyamide inflatable seatbelt will launch on the European market next year, debuting on the rear seats of the Mondeo saloon. It is the first in its c...

  • The smart card: a simple idea that revolutionised our everyday lives
    Icons 2 min
    The smart card: a simple idea that revolutionised our everyday lives

    Putting an electronic chip on a rectangular piece of plastic may seem like the simplest idea on the little card measuring a few centimetres in width and length, and a bare millimetre in thickness, usu...