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Home > Banknotes > Moving to Polymer Banknotes

Moving to Polymer Banknotes

The New Fiver was issued on 13 September 2016. Full details of the design and security features are available along with free training materials for retailers and businesses. You can find out more about the new polymer £5 note at

The £10 note will be issued in September 2017 and the £20 note by 2020. As legal tender status has now been withdrawn, you are no longer obliged to accept the paper £5 but can do at your own discretion.

On 18 July the Bank will mark the 200th anniversary of Jane Austen’s death, by unveiling the new £10 note featuring the renowned writer. The event will take place at Winchester Cathedral, where Austen was buried in 1817.

Polymer banknotes are cleaner, more secure, and more durable than paper banknotes. They will provide enhanced counterfeit resilience, and increase the quality of banknotes in circulation.

In October 2016, we held a charity auction of banknotes with low serial numbers. The auction raised £194,500 for the Bliss charity for premature and ill babies, the Myotubular Trust and The Lily Foundation for mitochondrial disease.

Why Polymer?Getting Your Business Ready
Public Consultation Programme 2013Fact Sheets

The three Scottish issuing banks are also printing their next £5 and £10 notes on polymer.
For further information see The Committee of Scottish Bankers.
The Royal Mint will be issuing a new £1 coin in March 2017.  For further information go to The Royal Mint.