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Showing results for tags 'flexible polymer paper'.
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Britain launches new banknote 02:27 - 14/10/2018 Follow-up - Mawazine News Britain plans to keep its 50-pound note ($ 65) in its currency by offering a new, more secure version of its higher-value cash. The Bank of England said on Saturday that the new £ 50 banknote would be printed on thin, flexible polymer paper with additional security measures to prevent counterfeiting. The officials said the public would be consulted on the British character that would adorn the new currency, the Associated Press reported. The new currency will not be launched until the 20-pound currency is issued in 2020. Bank officials announced that polymer paper would be cleaner and more sustainable than paper money and would also allow additional security features. The polymer is currently used in Britain, in the printing of coins 5 and 10 pounds
