Plastic banknotes to start in 2016, Bank of England says
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, used for more than 100 years in countries including Australia, New Zealand. Mexico, Singapore, Fiji and Canada.
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.
The new banknotes will be made from a thin, transparent and flexible film made of polypropylene.
Seriously, they don't fold in half, they just spring back into their original shape! And they stick together, so you could be handing over two bills and it's a pain when paying! And they have no character at all!
Seriously, they don't fold in half, they just spring back into their original shape! And they stick together, so you could be handing over two bills and it's a pain when paying! And they have no character at all!
Sounds interesting, though to be honest I feel like as time progresses society is moving away from physical cash altogether. I buy almost everything with my debit card, I hate carrying around change and notes are so easily lost.