New Polymer £5 Note Release Date & Details

New Polymer £5 Note Release Date & Details

Hanry Anjo
9
Jun
2016

The Bank of England has announced the release date for the new polymer £5 note which will replace the note that is currently in circulation. The release date for this is 13th September 2016.

For more information on upgrading your note acceptors to ones that will accept the new £5 note, or updating your current one with software that can handle the new note, please contact our Customer Services Team at Eurocoin Ltd.​

The new note is made of a thin layer of plastic polymer which has many ​properties that make it highly suitable for use as a bank note.

The polymer note is flexible, durable, waterproof and cleaner than the paper note.

Here is a picture of the note with some of its features highlighted:

£5 front.jpg£5 back.jpg

  1. ​A see-through window is present with the Queen's head appearing inside and the words "£5 Bank of England" printed twice round the edges.
  2. A finely detailed metallic image of the Elizabeth Tower is positioned over the window with gold print on the front and silver at the back
  3. Around the edge there is a coloured border which changes from purple to green as the note is tilted.
  4. There is a silver foil patch below the window that changes from "Five" to "Pounds" as the note is tilted.
  5. Above the window, there is another foil patch with the image of the coronation crown in 3D.
  6. There is a circular green foil on the back with the words BLENHEIM printed on it.
  7. On areas around the top of the note the words Bank of England and at the bottom right where the number 5 is, the print is slightly raised which you can feel as you run your fingers over it.
  8. The printed lines and colours on the note are sharp and smudge free.
  9. If you look closely with a magnifying glass below the Queens portrait, you can see "microlettering" with the value of the note written in letters and numbers.
  10. When you look at the note in Ultra-Violet light, the number 5 appears in red and green at the front, whilst the background remains dull in contrast.


The note is waterproof, which means that if dirt does come into contact with it, it can just be cleaned, and is very tough which means that it is not easy to tear, can be repeatedly folded into wallets and scrunched up in pockets.


Bend.jpg
The new features of the £5 note are made to be unique and very difficult to forge. This is so that the amount of forgeries can be kept to a minimum and that handlers can tell the difference between a fake note and a real one.

There are fears, however, that there are issues with the new notes sticking together. The Bank of England has admitted that this may be an issue with brand new notes, but has said that the issue will improve with the age of the notes. The group most vulnerable to this issue will be the elderly who could risk paying two or more notes instead of one.

At Eurocoin, we make sure that all our note acceptors are tested with the new £5 note and that they will work with both the new and old notes at the same time. This is due to the fact that the old and new notes will coincide for a period of time - upto 6 months - before the old £5 note is phased out of circulation.

Click Here for a video of the new £5 note and Here for a video on the making of the £5 note by De-La-Rue.

There is also plenty of material available on the £5 note on the Bank of England Web Site.

For more information on upgrading your note acceptors to ones that will accept the new £5 note, or updating your current one with software that can handle the new note, please contact our Customer Service Team​ at Eurocoin Ltd.



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