Clydesdale Bank - Polymer Banknote in circulation

by JJP

Polymer banknotes Clydesdale Bank

Posted on Monday, March 23, 2015

 

 

Clydesdale Bank will this week launch the first fully polymer banknote to enter circulation in Great Britain. The new £5 banknote will be available from Clydesdale Bank branches from Monday (23rd March).

The note, which is made of a more durable material than existing paper notes, is being launched to coincide with the 125th anniversary of the opening of the Forth Bridge. Two million notes, worth £10 million, which combine images of the bridge with new security measures to create a unique design, will eventually enter circulation.

 

The new £5 note, which is smaller than existing notes of that denomination, has been designed by De La Rue plc and, in a first for Europe, has been manufactured on its innovative Safeguard® polymer substrate. Clydesdale Bank has been issuing banknotes since 1838 and the new £5 note continues the Bank’s history of innovation.


About Jeremy Plimmer

Jeremy Plimmer has 35 years of experience in the security related print and packaging industry working originally as sales development director for manufacturers of passports, high security print and labels and more recently as a consultant. He is a graduate member of the Chartered Institute of Marketing, a Fellow of the Institute of Minerals, Materials and Mining, chairman of the West Midlands Packaging Society as well as vice chairman of the East Midlands Packaging Society.

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The Product & Image Security Foundation is a non-profit making trade association which was originally formed under the name of Label & Tag Security International (LTSI) in the early 1990's.

Today it operates with more than 100 members in 27 countries and is the premier international forum for manufacturers, suppliers and users of labels, tags, packaging, identification systems, materials and systems for any form of product security, brand image protection or product traceability applications and technology.