A new wave for polymer banknotes


Polymer banknotes remain a daunting prospect for many countries. Money has been printed on ‘paper’ (cotton) for centuries, and for many people, the idea of replacing this with a plastic substrate feels unnatural.

But the Bank of England’s declaration late last year that it will adopt polymer for its most commonly issued £5 ($8.4) and £10 notes represents a significant change in strategy by one of the world’s biggest central banks.

Moreover, on a global level, polymer banknotes are no longer

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