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Thursday 22 May 2014

Plastic banknotes

When on holiday in Canada a couple of  years ago I was very impressed by the plastic banknotes which are very hard to wear out. I now see that a Scottish bank is introducing plastic £5 notes.   See http://www.bbc.co.uk/news/business-27517606 .

It would be a good idea if the Bank of England also introduced plastic notes. It surely must save money in the long run as notes would last much longer.

If I remember correctly, the Canadian notes had different smells for different values, helping those with poor sight to distinguish between note values.

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