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UK unveils its first plastic banknote

by ChemOrbis Editorial Team -
  • 06/06/2016 (12:09)
According to media reports, the Bank of England unveiled the country’s first polymer banknote, the £5 note featuring Sir Winston Churchill, on June 2.

The new plastic banknote will officially enter into circulation on September 13 while paper £5 banknotes will be completely removed from circulation next year. According to the bank, the new plastic notes are more durable, cleaner and harder to counterfeit than the current paper ones.

The new banknote will reportedly be followed by a £10 note featuring writer Jane Austen next year and a £20 bill with painter J.M.W. Turner by 2020.
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