Bank Of England Ditching Paper £20 Banknote, Going Plastic

In the age of digital currency, the Bank of England announced Wednesday that it is discontinuing printing its £20 banknote on paper and is instead moving to polymer, saying the material is more secure, durable and cleaner. A £20 note is worth approximately $30 US. Bank of England polymer / plastic more popular than paper The polymer bank notes are significantly more popular. In December 2013, when the BoE announced that the next £5 and £10 banknotes would be printed on polymer, they found that 87 percent of respondents approved of the change. But the notes have yet to move…