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New £5 polymer banknote

The Bank of England has declared its intention to introduce polymer banknotes in Britain during September 2016. The first polymer note will be the new £5 due for release Autumn 2016, followed by a polymer £10 (due for issue in 2017). The £5 polymer will feature Winston Churchill and Jane Austen is set to appear on the £10. The Bank of England recently announced that the new £20 will also be printed on polymer when it is replaced. The new notes will be slightly smaller in size whilst offering enhanced durability and fraud protection.

All of ITL’s current product range will accept the new polymer banknotes after a free currency update. New validators leaving our factory that support the new £5 note will be easily identifiable by a new sticker. More information will follow on our website and within the technical bulletin. ITL will begin to include the new £5 polymer banknote in all applicable currency datasets from 29th April 2016.